Berkeley, CA 94709,1724 La Vereda Road
Listed by Joey Wang • Keller Williams Realty
Bought with Jan Lester Dayanghirang • Kollab Real Estate
$1,900,000
$1,950,000
2.6%
Est.Price: ?

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2,509 SqFt

1724 La Vereda Road Berkeley, CA 94709

Est. payment /mo
SOLD DATE : 05/22/2025

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Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,509 sqft

Price per Sqft $757

MLS Listing ID 41085089

Sold Date 05/22/25

HOA Y/N No

Year Built 1929

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

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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Bay East AOR and Contra Costa AOR

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agent

Fredy Sanchez

Realtor | License ID: DRE # 01781827

+1(510) 314-4283

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