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1516 Blake St A, Berkeley, California 94703, Berkeley, 94703 - 2 bed, 2 bath

1516 Blake St A, Berkeley, California 94703 home-pic-0
ACTIVE$995,000
1516 Blake St A, Berkeley, California 94703
2Beds
2Baths
1,154Sqft
2,600Lot
Year Built
1925
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$862
HOA
$400
Days on market
-
Sold On
-
MLS number
41115546
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $995.0K(50th), sqft - 1154(50th), beds - 2(50th), baths - 2(50th).

Beautiful design meets energy efficient new construction in a wonderful Central Berkeley location! A brand new TIC home by New Avenue Homes, this thoughtfully designed 2+ bedroom, 2 bath home offers modern comfort & smart use of space across 1,154 sq. ft. The open-concept living, dining & kitchen areas open to a private deck & yard area and feature high quality finishes & abundant natural light. The staircase adds a sense of drama, and the flexible open office space upstairs can be enclosed to create a third bedroom. Designed w/ sustainability in mind, the home includes a mini split heat pump heat & AC system & owned solar. Part of a well-conceived 3-unit TIC property, it offers a sense of community while maintaining privacy. Enjoy easy access to cafes, a corner market, and restaurants less than a block away. Famed and favorite produce markets nearby, and BART is just over a mile away for an effortless commute. The Transbay Express bus on Sacramento Avenue adds even more convenience. A rare opportunity to own a newly built, move-in-ready home in one of Berkeley’s most central & transit-friendly neighborhoods! Competitive financing is available, and AB 1033 offers the promise of selling the unit as a condominium in the future.

Price History

Date
Event
Price
10/22/25
Listing
$995,000
Condition Rating
Excellent
This property is described as 'new construction' and a 'brand new TIC home,' which is fully supported by the images. The kitchen features modern dark cabinetry, white quartz countertops, new stainless steel appliances, and contemporary lighting. Bathrooms showcase modern grey subway tiling, hexagonal floor tiles, and sleek black fixtures. The entire home boasts new hardwood flooring, modern light fixtures, and a mini-split heat pump for heating and AC, along with owned solar. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Finishes: A brand new, move-in-ready TIC home featuring contemporary design, high-quality finishes, and thoughtful space utilization.
Exceptional Energy Efficiency: Equipped with a mini-split heat pump for heating and AC, plus owned solar panels, ensuring low utility costs and a sustainable lifestyle.
Prime Central Berkeley Location: Situated in a highly desirable neighborhood with immediate walking access to cafes, markets, and restaurants.
Excellent Transit Accessibility: Offers convenient commuting options with BART just over a mile away and easy access to Transbay Express bus routes.
Flexible Floor Plan: Includes a versatile open office space that can be readily enclosed to create a third bedroom, adapting to evolving needs.

Cons

Tenancy In Common (TIC) Ownership: The property's TIC structure can involve more complex financing and shared ownership responsibilities compared to a traditional condominium, despite future conversion potential.
Compact Interior Footprint: With 1,154 sq. ft., the living space, while efficiently designed, may be considered modest for some buyers, particularly those desiring more expansive rooms or a dedicated third bedroom.
Shared Property & Limited Private Outdoor Space: As one of three TIC units, the property entails shared common areas and a relatively small private deck and yard area, which might not suit buyers seeking extensive private outdoor space or complete autonomy.

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