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.
Multi-familyProperty Type
1929Year Built
5,000 sq ftLot Size
$757Price/Sq.Ft.
Listed by Joey Wang•DRE #01890931• Keller Williams Realty
Bought with Jan Lester Dayanghirang•DRE #02130741• Kollab Real Estate
bridgeMLS, Bay East AOR, or Contra Costa AOR #41085089
May 22, 2025
Sold
$1,900,000
$757/sq ft
Apr 9, 2025
Pending
—
Feb 7, 2025
Listed
$1,950,000
$777/sq ft
Public Records
Sep 15, 2017
Sold
$1,090,000
$434/sq ft
Public Records
Jul 10, 2017
Sold
$1,070,000
$426/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$25,055 (+15.6%)
$455,124 + $890,243
$1,345,367
2024
$21,676 (+1.5%)
$455,124 + $890,243
$1,345,367
2023
$21,360 (+4.8%)
$446,200 + $780,631
$1,226,831
2022
$20,379 (−0.2%)
$428,876 + $750,322
$1,179,198
2021
$20,420 (+5.4%)
$428,876 + $750,322
$1,179,198
2020
$19,383 (+7.0%)
$420,468 + $735,612
$1,156,080
2019
$18,108 (+2.5%)
$416,160 + $728,076
$1,144,236
2018
$17,673 (+288.0%)
$408,000 + $713,800
$1,121,800
2017
$4,555 (+5.8%)
$53,638 + $77,752
$131,390
2016
$4,305 (+2.0%)
$53,638 + $77,752
$131,390
2015
$4,219 (−2.1%)
$52,586 + $76,227
$128,813
2014
$4,308 (+5.4%)
$50,782 + $73,612
$124,394
2013
$4,089 (+3.5%)
$50,782 + $73,612
$124,394
2012
$3,950 (+3.4%)
$50,552 + $73,279
$123,831
2011
$3,821 (+0.8%)
$49,561 + $71,842
$121,403
2010
$3,791 (+0.9%)
$48,590 + $70,434
$119,024
2009
$3,756 (+9.4%)
$48,226 + $69,908
$118,134
2008
$3,432
$48,341 + $70,074
$118,415
Tax history for 1724 La Vereda Rd
Year
Property tax
Land + Additions
Assessment*
2025
$25,055 (+15.6%)
$455,124 + $890,243
$1,345,367
2024
$21,676 (+1.5%)
$455,124 + $890,243
$1,345,367
2023
$21,360 (+4.8%)
$446,200 + $780,631
$1,226,831
2022
$20,379 (−0.2%)
$428,876 + $750,322
$1,179,198
2021
$20,420 (+5.4%)
$428,876 + $750,322
$1,179,198
2020
$19,383 (+7.0%)
$420,468 + $735,612
$1,156,080
2019
$18,108 (+2.5%)
$416,160 + $728,076
$1,144,236
2018
$17,673 (+288.0%)
$408,000 + $713,800
$1,121,800
2017
$4,555 (+5.8%)
$53,638 + $77,752
$131,390
2016
$4,305 (+2.0%)
$53,638 + $77,752
$131,390
2015
$4,219 (−2.1%)
$52,586 + $76,227
$128,813
2014
$4,308 (+5.4%)
$50,782 + $73,612
$124,394
2013
$4,089 (+3.5%)
$50,782 + $73,612
$124,394
2012
$3,950 (+3.4%)
$50,552 + $73,279
$123,831
2011
$3,821 (+0.8%)
$49,561 + $71,842
$121,403
2010
$3,791 (+0.9%)
$48,590 + $70,434
$119,024
2009
$3,756 (+9.4%)
$48,226 + $69,908
$118,134
2008
$3,432
$48,341 + $70,074
$118,415
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1938
Sq. Ft.
2,517
Year built
1920
Style
Single Family Residential
County
Alameda County
APN
058 220700501
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 28, 2026.
R-1H
H
Single Family Residential District - Hillside Overlay Zone
The purpose of the Single-Family Residential (R-1) district is to: Recognize and protect the existing pattern of development in the low-density, single-family residential areas of the city consistent with the General Plan; Make housing available for persons who desire detached housing and a relatively large amount of usable open space; Protect adjacent properties from unreasonable obstruction of light and air; and Permit community facilities such as religious assembly uses, schools, parks, and libraries which serve the local population and are not detrimental to the immediate neighborhood.; The purpose of the Hillside (H) overlay zone is to: implement General Plan policies for hillside development; protect the safety and health of residents where steep topography, unusual street conditions and proximity to the wildland-urban interface create severe risk from wildfire; protect the character of Berkeley's hillside areas and their immediate environs; give reasonable protection to views yet allow appropriate development of all property; and allow modifications in standard setback and height requirements when justified because of steep topography, irregular lot pattern, unusual street conditions, or other special aspects of the hillside areas.
Zone overlays
Hillside Overlay Zone
Feb 22, 2024 • Final
Building
New construction
Nov 8, 2018 • Active
Plan check
Add a sewage ejector to the project scope and remove the installation of a tankless water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: On Street
Interior
Interior Features
Interior Features: Shower Stall(s), Tub w/Shower Over
Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry Features: 220 Volt Outlet, Dryer, Gas Dryer Hookup, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
Property information provided by bridgeMLS, Bay East AOR, or Contra Costa AOR when last listed in 2025. This data may not match public records. Learn more.