Active
1724 La Vereda Road
Berkeley CA, 94709
$1,950,000
$777.20 per sqft
Active
7 Beds
2,509 sqft
Multi-family
Built in 1929
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.
41085089
MLSⓇ ID
February 7, 2025
Listed
February 14, 2025
Updated
Interior Features
Bedrooms
7
Interior Features
Shower Stall(s), Tub w/Shower Over
Appliances
Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry Description
220 Volt Outlet, Dryer, Gas Dryer Hookup, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
Floor Description
Hardwood, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Natural Gas, Wall Furnace, Hot Water
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Side Yard, Entry Gate, Garden
Lot Features
2 Houses / 1 Lot, Sloped Down, Paved, Wood
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Window
Window Coverings
Other Property Details
Area Name
Berkeley
Garage
No
Parking
On Street
Parking Total
0
View
Yes
View Description
City Lights, Forest, Hills, Lake, Trees/Woods
County
Alameda
Pool
No
Utilities
Water/Sewer Meter on Site, All Public Utilities, Natural Gas Available, Natural Gas Connected, Master Electric Meter
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Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244
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