Prime North Berkeley Location: Located in the heart of Berkeley’s highly sought-after Northside neighborhood. Seller Financing Available at 4.50% (Short Term or Long Term). Attractive Physical Asset: Built in 1964, the ±25,644 SF building sits on a ±0.29-acre lot with 25 secure parking spaces. 24-Unit Multifamily Investment: Caters to a wide tenant base, ensuring steady occupancy and long-term rent growth. Value-Add Opportunity: With current average rents approximately 20–25% below market, investors can capitalize on organic rent growth. Favorable Unit Sizes: Large average unit size of ±1,068 SF provides flexibility for future renovations or student-oriented leasing strategies. For additional financial details and property information, contact us to receive the full Offering Memorandum.
For sale
Price cut: $750K (11/5)
$8,000,000
2477 Virginia St, Berkeley, CA 94709
--beds
--baths
25,644sqft
Est.:
MultiFamily
Built in 1964
-- sqft lot
$-- Zestimate®
$312/sqft
$-- HOA
What's special
- 37 days |
- 470 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 03:01pm
Listed by:
Ryland Montes De Oca DRE #02251169 707-933-6166,
Matthews Real Estate Investment Services Inc.
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41116678
Tour with a local agent
Facts & features
Interior
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Laundry: Common Area, In Garage
Features
- Flooring: See Remarks
- Basement: None
Interior area
- Total structure area: 25,644
- Total interior livable area: 25,644 sqft
Property
Parking
- Parking features: Below Ground Parking
Features
- Exterior features: No Yard
Lot
- Size: 0.29 Acres
- Features: Private
Details
- Parcel number: 5821946
- Special conditions: Standard
- Other equipment: See Remarks
Construction
Type & style
- Home type: MultiFamily
Materials
- None
Condition
- Year built: 1964
Utilities & green energy
- Utilities for property: Water/Sewer See Remarks
Community & HOA
HOA
- Has HOA: No
Location
- Region: Berkeley
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $1,680,588
- Date on market: 11/4/2025
- Listing terms: Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Price change | $8,000,000-8.6%$312/sqft |
Source: | ||
| 7/11/2024 | Listed for sale | $8,750,000$341/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,680,588 +1.8% |
| 2024 | $58,008 +2.8% | $1,650,180 +2.1% |
| 2023 | $56,443 +3.3% | $1,616,160 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$50,673/mo
Principal & interest
$39606
Property taxes
$8267
Home insurance
$2800
Climate risks
Neighborhood: North Campus
Nearby schools
GreatSchools rating
- 8/10Berkeley Arts Magnet at Whittier SchoolGrades: K-5Distance: 0.5 mi
- 9/10Willard Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Berkeley High SchoolGrades: 9-12Distance: 0.9 mi
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