1538 Ashby Ave, Berkeley, California 94703, Berkeley, 94703 - 3 bed, 2 bath
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Berkeley, California 94703
This Modernized Berkeley Residence is a Prime Investment Opportunity, listed at $799,000—positioned well below the $915,485 Fair Market Value by 12%. This valuation gap offers $116,485 in Instant Equity. Boasting a Condition Score of 2, the home features a remodeled kitchen, a rare primary suite, and a private patio. With proximity to top-rated schools like Berkeley High and Willard Middle, plus completed sewer lateral compliance, this turnkey property maximizes both lifestyle and ROI. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1538 Ashby Ave Subject | $799,000* List Price | 3 | 2 | 1,228 | $746 | - |
A 2051 Oregon St Sold | $900,000 | 2 | 1 | 1,137 | $792 | 0.5 mi |
B 2520 Mcgee Ave Active | $849,000 List Price | 2 | 1 | 1,157 | $734 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1915, this property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully modernized with two-tone cabinetry, quartz countertops with a matching slab backsplash, and high-end stainless steel appliances. The interior features new wide-plank flooring, fresh paint, updated electrical systems, and modern light fixtures/ceiling fans throughout. The bathrooms are also updated, and the property is move-in ready with no deferred maintenance.
The home features a fully remodeled kitchen, updated bathrooms, and fresh interior paint, offering immediate livability without the typical renovation burden found in Berkeley's entry-level market.
Unlike many homes of this era, this property includes a dedicated primary suite with an ensuite bathroom, providing a level of privacy and convenience that is highly sought after in older neighborhoods.
The property is sewer lateral compliant and includes two off-street parking spaces, addressing common local pain points and providing significant upfront cost savings and convenience.
Situated on Ashby Avenue, a major Berkeley thoroughfare, the property may experience higher levels of traffic noise and congestion compared to quieter residential side streets.
With a lot size of 3,700 square feet, outdoor space is relatively limited, which may be a drawback for buyers seeking large gardens or significant room for future structural expansions.
Welcome to a rare opportunity in Berkeley—a stunningly updated home that delivers immediate livability and exceptional value, not to mention a rare primary suite with an ensuite bath. This move-in-ready residence has been refreshed with meaningful upgrades where it counts. The remodeled kitchen offers a clean, modern aesthetic with improved functionality—ideal for daily living and entertaining. Two updated bathrooms provide convenience and flexibility, while fresh interior paint and electrical improvements enhance the living experience. Natural light fills the home, creating an open, airy feel throughout, making the home feel larger and more inviting. A dedicated laundry area adds practicality, and two off-street parking spaces are a premium convenience. From a systems standpoint, the property is sewer lateral compliant—an often overlooked cost already handled. Simply move in and enjoy. In a market where entry-level homes require significant work, this home offers a compelling alternative: a clean, upgraded property at a price point that still makes sense. It’s an ideal launchpad for buyers seeking a home without the typical renovation burden. If you’re looking for value, functionality, an energy score of 4 and a home you can enjoy from day one, this is one to prioritize.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,228 | 1,359 | 47% |
| Lot Size | 3,700 | 4,477.5 | 31% |
| Price | $799.0K | $1.29M | 9% |
| Price per sq ft | $651 | $822 | 16% |
| Built year | 1915 | 1915 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 139 | 3% |
Apr 9, 2026
$799,000
Initial Listing
Jul 9, 2019
$865,000
Public Record
May 25, 2004
$390,000
Public Record
Oct 15, 1997
$108,000
Public Record