2477 Virginia Street, Berkeley, CA, 94709
2477 Virginia St
Key Information
Highlights
• Prime Location | 4.5% Seller Financing Available For 10 Years | 28% Rental Upside
• Positioned just five minutes from UC Berkeley and the iconic Gourmet Ghetto
• Walk Score of 90 and Transit Score of 64
• Currently fully leased, Court Royal generates strong in-place income with meaningful upside through loss-to-lease recapture and incremental rent adjustments to market levels
• With current rents approximately 20-25% below market, investors have the opportunity to unlock additional value through interior renovations and turnover-driven rent growth in this supply-constrained submarket
• 28% RENTAL UPSIDE
• $281,302 NOI
• 4.5% Seller Financing for 10 Years
• 24 Total Units | 23,686 SQFT
• ±14.4 Miles Away from San Francisco, CA
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