Fourplex · 2 recorded sales since 2020
Listing Agent: Joey Wang (DRE #01890931) · Listing Office: KELLER WILLIAMS REALTY · Contact: 925-934-2900 · Bought with: Brett Weinstein · REALTY ADVOCATES · MLS #40968482 · Source: CRMLS
An ideal purchase for anyone looking to capitalize on the stability and popularity of North Berkeley, 1947 offers investors both long-term value and immediate cash flow. This 4 unit (4x 1BR/1BA) property is fully-rented to quality tenants paying at- or near-market rates. The structure itself is just over 3,000 sq.ft. and sits on a nearly 4,000 sq.ft. corner lot. Each unit is larger than the average 1BR (~650 sq.ft.), and comes with its own washer and dryer. From a lifestyle standpoint, everything about 1947 Virginia street is a “win.” It’s 1-block from bustling Shattuck Avenue and the ever-popular Gourmet Ghetto; roughly 5-blocks to the UC Berkeley campus; and every conceivable need (from groceries to drug stores to banks, bars, and more) is a few minutes away by foot...no wonder this property holds a Walk Score of 96! But if a car is required, investors will be happy to know 1947 Virginia also comes with three dedicated parking spots.
Listing description from the December 2021 sale, as reported to CRMLS.