1238 Haskell St, Berkeley, California 94702, Berkeley, 94702 - 0 bed, 0 bath
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This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,350,000—positioned well below the $1,356,248 Fair Market Value by 0.46%. This valuation gap offers $6,248 in Instant Equity. Featuring a 4-unit configuration with separate utility meters and a large double lot for ADU development, the property maintains a Condition Rating of 4. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize rental yields in a high-demand Berkeley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1238 Haskell St Subject | $1,250,000* List Price | 0 | 0 | 2,805 | $430 | - |
A 1268 Alcatraz Ave Sold | $1,105,000 | 0 | 0 | 2,850 | $388 | 0.3 mi |
B 1241 1241b Ashby Ave Sold | $1,050,000 | 0 | 0 | 0 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While described as well-maintained with updated separate utility meters, this 1896 structure lacks mention of recent major renovations to kitchens, bathrooms, or core systems within the last 15 years. Given its age and the 'well-maintained' but not 'remodeled' status, it is classified as dated and likely requiring minor updates.
The property sits on a rare double lot with a large backyard, offering significant upside through the addition of an ADU or further residential development.
All four units are equipped with separate meters for both water and PG&E, a rare and highly desirable feature that minimizes landlord overhead and simplifies property management.
Located in Southwest Berkeley near Berkeley Bowl, BART, and Emeryville, the property is positioned in a high-demand rental market with excellent proximity to transit and amenities.
Built in 1896, the property likely requires ongoing investment in aging infrastructure, seismic retrofitting, and modernization to meet contemporary standards.
With seven total bedrooms squeezed into 2,805 square feet, the individual living areas—especially the one-bedroom units—may feel cramped, potentially limiting the maximum achievable rent per unit.
1238 Haskell Street, Berkeley, CA – Exceptional Four-Unit Investment Opportunity in Southwest Berkeley. This well-maintained multi-unit property sits on a rare double lot, offering an large backyard with excellent potential for an ADU or future development opportunities. Unit A features 4 bedrooms and 2 bathrooms, while Units B, C, and D each offer 1 bedroom and 1 bathroom layouts. Each unit has separate water and PG&E meters, providing convenience for both owners and tenants. Ideally located near Berkeley Bowl, City Sports Club, Berkeley BART, and Emeryville shopping and dining, this property offers strong rental upside and long-term investment potential. Centrally located with easy access to major transportation corridors, this is an ideal opportunity for investors seeking to maximize market rents and build wealth through a prime Berkeley income property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,805 | 2,392 |
| Lot Size | 4,500 | 5,520 |
| Price | $1.25M | $1.19M |
| Price per sq ft | $446 | $542 |
| Built year | 1896 | 1924 |
| HOA | $0 | $0 |
| Days on market | 30 | 48 |
Jul 14, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Jun 23, 2026
$1,350,000
Initial Listing
Jun 22, 2026
$135,000,000
Initial Listing