Property Detail

Description

Delivered 100% vacant! Owned and managed by renowned Silicon Valley University. Marcus & Millichap is proud to present 2466 Virginia Street, a well maintained 18-unit multifamily asset located just blocks from the University of California, Berkeley. Originally constructed in 1929, this three-story building spans approximately 13,296 square feet and sits on a 6,250 square foot lot. The property showcases classic early twentieth century architectural character, including a textured stucco facade, bay window detailing, and a tiled roofline that reflects Berkeleys historic charm. The unit mix consists of three studios and fifteen one-bedrooms. Since 2017, ownership has invested over One Million Dollars in capital improvements, materially strengthening the propertys infrastructure and overall condition. Improvements include boiler replacement, roof restoration, full window replacement, driveway reconstruction, exterior repainting, installation of a keypad access system, surveillance cameras, new electrical panels, new plumbing upgrades (old pipes still are present) and various interior upgrades such as new flooring and paint.