Located just 0.3 miles from UC Berkeley, 1724 La Vereda Rd is a rare, high-performing student housing investment in North Berkeley’s competitive rental market. Fully leased at $14,000/month with a history of near-zero vacancy, this turnkey four-unit property delivers immediate, reliable cash flow in a low-risk, high-demand sector. The 2,509 sq. ft. lot includes one studio, two 2-bed/1-bath units, and one 3-bed/2-bath unit across two buildings—each equipped with in-unit laundry and a fixed utility fee model, ensuring stable operating income. Steps from Safeway, Peet’s Coffee, and the Gourmet Ghetto dining corridor, tenants enjoy built-in lifestyle convenience, while AC Transit and BART access just minutes away make commuting effortless. With a proven income stream and built-in demand, this is an unbeatable opportunity for investors seeking stability, growth, and long-term appreciation.
Sold for $1,900,000 on 05/22/25
$1,900,000
1724 La Vereda Rd, Berkeley, CA 94709
7beds
5baths
2,509sqft
Quadruplex
Built in 1929
-- sqft lot
$1,847,300 Zestimate®
$757/sqft
$5,475 Estimated rent
Home value
$1,847,300
$1.66M - $2.05M
$5,475/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 22, 2025 at 03:12pm
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Jan Lester Dayanghirang, DRE #02130741
Kollab Real Estate
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41085089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Natural Gas, Wall Furnace, Hot Water
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Tankless Water Heater
- Laundry: 220 Volt Outlet, Dryer, Gas Dryer Hookup, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
Features
- Shower Stall(s), Tub w/Shower Over
- Flooring: Tile, Vinyl
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 2,509
- Total interior livable area: 2,509 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Exterior features: Side Yard, Entry Gate, Garden
- Fencing: Partial,Wood
- Has view: Yes
- View description: City Lights, Forest, Hills, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 4,791 sqft
- Features: 2 Houses / 1 Lot, Paved, Wooded
Details
- Parcel number: 58220751
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Concrete, Stucco, Wood Siding, Asphalt, Shingles, Siding - Stucco, Wood
Condition
- Year built: 1929
Utilities & green energy
- Utilities for property: Water/Sewer Meter on Site, Natural Gas Available, Natural Gas Connected, Master Electric Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Berkeley
Other
Other facts
- Listing terms: None
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Listing removed | $2,950$1/sqft |
Source: Zillow Rentals | ||
| 6/14/2025 | Listed for rent | $2,950$1/sqft |
Source: Zillow Rentals | ||
| 5/22/2025 | Sold | $1,900,000-2.6%$757/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41085089 | ||
| 4/10/2025 | Pending sale | $1,950,000$777/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41085089 | ||
| 2/7/2025 | Listed for sale | $1,950,000+78.9%$777/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41085089 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,345,367 +9.7% |
| 2024 | $21,676 +1.5% | $1,226,831 +2% |
| 2023 | $21,360 +4.8% | $1,202,778 +2% |
Find assessor info on the county website
Neighborhood: 94709
Nearby schools
GreatSchools rating
- 8/10Berkeley Arts Magnet at Whittier SchoolGrades: K-5Distance: 0.8 mi
- 9/10Willard Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Berkeley High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,847,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,847,300