1516 1516 Belvedere Ave, Berkeley, California 94702, Berkeley, 94702 - 1 bed, 1 bath
1516 1516 Belvedere Ave
Berkeley, California 94702
Property Price
SUMMARY
Analysis of 1516 1516 Belvedere Ave, Berkeley, California 94702 reveals a property with a current list price of $749,000, which is 3% above the estimated $720,558 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Berkeley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 1516 Belvedere Ave Subject | $749,000* List Price | 1 | 1 | 680 | $1,060 | - |
A 1339 Kains Ave Sold | $850,000 | 3 | 1 | 882 | $964 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its age. While originally built in 1923, it features critical modern upgrades including a new heat pump, seismic retrofitting, and French drains. The interior presents a bright, updated aesthetic with high-quality flooring, modern light fixtures, and a clean, functional kitchen and bathroom. It fits the 'Good' criteria as a well-maintained home with major systems within their functional lifespan and no immediate renovation required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Detached Bonus Structure
The property includes a versatile detached structure ideal for a home office, art studio, or fitness space, providing essential flexible square footage that complements the main living area.
- Critical Infrastructure Upgrades
Recent seller improvements including seismic retrofitting, French drains, and a new heat pump significantly enhance the home's structural integrity and energy efficiency while reducing future maintenance costs.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 680 square feet and a single bedroom, the home's compact footprint may be too restrictive for growing families or buyers requiring more indoor living space.
- Small Lot Size
The 2,500 square foot lot is relatively modest for a single-family residence, which may limit future expansion possibilities or extensive landscaping projects.
About 1516 1516 Belvedere Ave
This beautifully maintained 1-bedroom, 1-bathroom single-family home offers the perfect blend of comfort, character, and convenience. Bathed in natural light, the thoughtfully designed interior feels bright, airy, and inviting from the moment you step inside. Large windows fill the living spaces with sunshine, creating a warm and uplifting atmosphere throughout the day. Step outside to discover a spacious backyard — ideal for entertaining, gardening, relaxing under the stars, or creating your own outdoor oasis. A standout feature of this property is the detached bonus structure, perfect as a private home office, art studio, fitness space, or creative retreat. Whether you work from home or simply want a flexible space tailored to your lifestyle, this versatile addition makes all the difference. Located just moments from the iconic Cedar Rose Park, you’ll enjoy easy access to green space, walking paths, and community events. The home is also conveniently close to an array of shops, restaurants, cozy cafés, local stores, and public transportation — putting everything you need right at your doorstep. SELLER UPGRADES: New Heat Pump, Seismic Retrofitting and French Drains installed in the subarea.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Berkeley Unified Schools
Jefferson Elementary School
Grades K-5 • 0.3 mi
Thousand Oaks Elementary School
Grades K-5 • 1.3 mi
Martin Luther King Middle School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 680 | 1,211 | 7% |
| Lot Size | 2,500 | 3,820 | 7% |
| Price | $749.0K | $1.20M | 7% |
| Price per sq ft | $1.1K | $953 | 77% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 158 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$749,000
Initial Listing
Sold
Jan 11, 2024
$730,000
Public Record