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

Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244 

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