
Berkeley, California 94702
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well below the $1,086,162 Fair Market Value by 19%. This valuation gap offers $211,162 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant modernization, yet its 90 Walk Score and proximity to Oxford Elementary (9/10) provide immense long-term value. This is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1211 Blake St Subject | $875,000* List Price | 4 | 2 | 1,134 | $958 | - |
A 2534 Mathews Street Sold | $825,000 | 2 | 1 | 1,190 | $693 | 0.1 mi |
B 1329 67th St Sold | $910,000 | 2 | 1 | 912 | $998 | 0.7 mi |
C 1322 Virginia Pending | $975,000 List Price | 3 | 1 | 1,037 | $940 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and explicitly marketed as 'ready for updating' with a 'layout full of potential,' this property requires a full rehab. The bathroom features tiling and fixtures that appear over 30 years old, and the listing agent suggests a complete reconfiguration of the floor plan, placing it in the poor category due to the need for significant modernization and structural vision.
Boasting a 90 Walk Score and 92 Bike Score, this property offers exceptional 'car-optional' living with immediate proximity to San Pablo Park, Berkeley Bowl West, and major transit hubs like Ashby BART.
Located just a two-minute walk from the highly-rated Oxford Elementary (9/10), this home is ideally positioned for families prioritizing quality education and a short commute for children.
This 1922 charmer features a detached garage and a layout ready for modernization, offering a prime opportunity for investors or homeowners to build equity through a custom renovation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is explicitly noted as being ready for updating, implying that buyers will need to commit additional capital and time for renovations to bring the home up to modern living standards.
With 4 bedrooms and 2 bathrooms distributed across only 1,134 square feet, the individual room sizes may feel small or cramped, potentially requiring a costly reconfiguration of the floor plan.
Car-optional living meets top-rated schools in West Berkeley. With a 90 Walk Score and 92 Bike Score, daily errands here don't require a car, and Oxford Elementary, rated 9/10 by GreatSchools, is just two minutes away on foot. Home Energy Score of 3. Located on a tree-lined street, this 1922 Berkeley charmer sits on Blake Street with a detached garage and a layout full of potential, envision opening up the floor plan into a great room, with a primary suite offering its own en suite bathroom. Ready for updating, this is the kind of home where a little vision goes a long way. San Pablo Park is just several blocks away and Strawberry Creek Park also under half a mile. Restaurants and cafés line San Pablo Avenue and Dwight Way close by, think Tipsy Yeti and Lao Garden, and grocery runs are easy to Berkeley Bowl West and Sprouts. Fourth Street shopping and Aquatic Park are just a short drive off. Quick freeway access via Highway 80 is just a half mile away, with nearby AC Transit and Ashby BART making for an easy commute into San Francisco or over to UC Berkeley. A wonderful place to call home in one of Berkeley's most connected neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,134 | 2,021.606 |
| Lot Size | 4,325 | 5,060.038 |
| Price | $875.0K | $1.75M |
| Price per sq ft | $772 | $1.0K |
| Built year | 1922 | 1926 |
| HOA | $0 | $549 |
| Days on market | 14 | 31 |
Aug 26, 2026
$875,000
Initial Listing