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Listed by Joey Wang • Keller Williams Realty
$ 1,950,000
Est. payment /mo
Active
1724 La Vereda Road Berkeley, CA 94709
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,509 sqft
Price per Sqft $777
MLS Listing ID 41085089
HOA Y/N No
Originating Board Bridge AOR
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, Hot Water
Cooling Ceiling Fan(s)
Flooring Hardwood, Tile, Vinyl
Fireplace No
Window Features Window Coverings
Appliance Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry 220 Volt Outlet, Dryer, Gas Dryer Hookup, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
Exterior
View City Lights, Forest, Hills, Lake, Trees/Woods
Building
Lot Description 2 Houses / 1 Lot, Sloped Down, Paved, Wood
Water Public
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