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$ 7,650,000
Est. payment | /mo
0.29 Acres Lot
$ 7,650,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Campus
MLS Listing ID 41126853
HOA Y/N No
Year Built 1964
Lot Size 0.287 Acres
Property Description
Court Royal is a 24-unit multifamily property located at 2477 Virginia St in North Berkeley. Built in 1964, the 25,644 SF building sits on a 0.29-acre lot and includes (7) studios, (11) one-bedroom/one-bath, and (6) two-bedroom/two-bath units. The property offers 25 secure parking spaces and on-site laundry. Fully leased with strong in-place income and approximately 20-25% rental upside through turnover and interior upgrades. Located minutes from the University of California, Berkeley and the Gourmet Ghetto with a Walk Score of 90. Strong rental demand from students, faculty, and professionals. Seller financing available at 4.50%.
Location
State CA
County Alameda
Interior
Fireplace No
Exterior
Total Parking Spaces 24
Others
Tax ID 5821946
Listed by Ryland Montes De Oca Matthews Real Estate Investment Services Inc. #02251169
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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