1724 La Vereda Rd

Berkeley, CA 94709

$1,900,000
Last Sold Price
7
Beds
—
Baths
2,509 Sq. Ft.
$757 / Sq. Ft.
2,509
Sq. Ft.
$757
per Sq. Ft.
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Sold 5/22/25
Sold 5/22/25

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...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.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 1724 La Vereda Road

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
View
City Lights, Forest, Hills, Lake, Wooded
Park Spaces Total
0
Total # Parking Spaces
0
LISTING CLOSED: 05/22/2025 12:00 AM

Property Details for 1724 La Vereda Road

StatusSold
MLS #41085089
Days on Compass61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1929
Lot Size0.11 AC / 5,000 SF
CountyAlameda County
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Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By Kollab Real Estate, Jan Lester Dayanghirang, DRE #02130741

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Building Information for 1724 La Vereda Road

Stories-Residences4Year Built1929Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$11,745 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,657

Property Taxes

$2,088

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1724 La Vereda Road

Features
Feature Details
  • Flooring: Hardwood Floors, Tile, Vinyl
  • Laundry: 220 Volt Outlet, Dryer, Gas Dryer Hookup, Inside Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Gas, Wall Furnace, Hot Water
  • Water/Sewer: Sewer System - Public, Water - Public, Meter on Site
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas, Window Coverings, Tankless Water Heater, Carbon Mon Detector, Smoke Detector, All Public Utilities, Natural Gas Available, Natural Gas Connected, Master Electric Meter
  • City Transfer Tax: Yes
  • Exterior: Brick, Concrete, Stucco, Wood Siding, Asphalt, Shingles, Siding - Stucco, Wood
  • Lot Description: 2 Houses / 1 Lot, Down Slope, Paved, Wood
  • Lot Sq Ft Apx: 5000
  • Lot Size Square Feet: 5000.0
  • Roof: Composition Shingles, Shingle
  • Sq Ft Apx: 2509
  • Yard Description: Patio, Side Yard, Back Porch, Entry Gate, Garden, Partial Fence, Porch, Wood Fencing
  • Year Built: 1929
  • Acres: 0.11
Location Details
  • Directions to Property: North on Shattuck Ave, right on Virginia St
  • FIPS Code: 06001
  • Census Tract: 4225.00
  • Parcel Number: 58-2207-5-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Patio
  • Some Units Have: Updated Kitchen
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Balcony/Patio, Garden, Shower Stall(s), Tub w/Shower Over
  • Parking Description: On Street
  • Existing Lease Terms: Month to Month, Security Deposit, Written Agreement, Year Lease
  • Tenant Pays: Other
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Annual Gross Sched Income: $165,600
  • Operating Expenses: Garbage Collection, Gas, Insurance, License/Ads, Maintenance/Repair, Trash Removal, Utilities, Water
Unit 1 Details
  • Unit #/Address - 1: 1722-Lower
  • Occupied By 1: Tenant
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 372
  • Rent 1: 2350
Unit 2 Details
  • Unit #/Address - 2: 1722-Upper
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 523
  • Rent 2: 3200
Unit 3 Details
  • Unit #/Address - 3: 1724-Main
  • Occupied By 3: Tenant
  • Bedrooms 3: 3
  • Bathrooms 3: 2
  • Apx Sq Ft 3: 1042
  • Rent 3: 5300
Unit 4 Details
  • Unit #/Address - 4: 1724-Lower
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 572
  • Rent 4: 2950
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Garden, Shower Stall(s), Tub w/Shower Over
Additional Information
Additional Information
  • Fireplace: No

Property History for 1724 La Vereda Road

DateEvent & SourcePriceAppreciation
May 22, 2025

Sold

MLSListings #MR41085089

$1,900,000—
May 22, 2025

Sold

EBRD #41085089

$1,900,000—
May 19, 2025

Sold (Public Record)

Public Record #1641914624

$1,900,000

+7.5% / yr

DateEvent & SourcePrice
05/22/2025

Sold

MLSListings #MR41085089

$1,900,000
05/22/2025

Sold

EBRD #41085089

$1,900,000
05/19/2025

Sold (Public Record)

Public Record #1641914624

$1,900,000

+7.5% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1724 La Vereda Road

Taxable ValueLand$455,124Additions$890,243Total$1,345,367
Tax Record2025$25,055 ($2,088 / month)
Home Facts
Beds6Total Finished SqFt2,517 SqFtAbove Grade Finished SqFt2,517 SqFtStories3Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1938CountyALAMEDAAPN58-2207-5-1

Schools near 1724 La Vereda Road

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
John Muir Elementary School
Public - K to 5
Emerson Elementary School
Public - K to 5
Malcolm X Elementary School
Public - K to 5
Willard Middle School
Public - 6 to 8
Rating
School
Distance
John Muir Elementary School
PublicK to 5

Emerson Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Willard Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.