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$1,950,000

Est. payment - /mo

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5,000 Sqft Lot

Pending

1724 La Vereda Road Berkeley, CA 94709-1023

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 41085089

HOA Y/N No

Year Built 1929

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

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

Interior

Heating Natural Gas, Wall Furnace

Flooring Tile, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

View Y/N Yes

View City Lights, Hills, Lake, Trees/Woods

Roof Type Shingle

Building

Lot Description Sloped Down, Yard

Sewer Public Sewer

Others

Tax ID 58220751

Listed by Joey Wang • Keller Williams Realty

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