Bought with Jan Lester Dayanghirang • KLLB
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1724 La Vereda RD Berkeley, CA 94709-1023
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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,509 sqft
Price per Sqft $757
MLS Listing ID MR41085089
Sold Date 05/22/25
Bedrooms 7
Year Built 1929
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
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.
Location
State CA
County Alameda
Area Berkeley Map Area 1
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Tile, Vinyl, Hardwood
Laundry 220 Volt Outlet, Gas Hookup, Laundry Area - In Unit, Hookup - Washer/Dryer , Washer, Washer/Dryer - Owned, Dryer
Exterior
Exterior Feature Concrete, Stucco, Siding - Wood , Brick
View Hills, Lake, Forest / Woods, City Lights
Roof Type Composition
Building
Lot Description Grade - Sloped Down
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 58-2207-5-1
Special Listing Condition Not Applicable
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