
Berkeley, California 94706
This Stunning Move-In Ready Bungalow is a High-Potential Investment Opportunity, listed at $1,449,000—positioned well below the $1,884,634 Fair Market Value by 23%. This valuation gap offers $435,634 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a Chef’s Kitchen, Quartzite Countertops, and Earthquake Retrofitting. Located in the coveted Northbrae neighborhood, this property offers a rare blend of 1920s character and modern infrastructure. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, turnkey Berkeley residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1564 Beverly Pl Subject | $1,449,000* List Price | 3 | 2 | 1,937 | $973 | - |
A 922 Carmel Ave Sold | $1,765,000 | 3 | 3 | 2,103 | $839 | 0.5 mi |
B 1059 Talbot Ave Sold | $1,500,000 | 3 | 3 | 1,981 | $757 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1926, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern chef's kitchen with quartzite countertops, updated bathrooms with marble finishes, and complete system upgrades including new HVAC, electrical, plumbing, earthquake retrofitting, and EV charging.
Situated in one of Berkeley’s most coveted neighborhoods, the property offers exceptional walkability to North Berkeley BART and the premier shopping and dining districts of Solano, Shattuck, and Gilman Avenues.
The home features significant high-value upgrades rarely found in 1920s builds, including new HVAC, updated electrical and plumbing, earthquake retrofitting, and EV charging, providing peace of mind and reduced maintenance costs.
This bungalow beautifully preserves its 1926 Spanish-inspired charm with 9.5-foot exposed-beam ceilings and period built-ins, seamlessly integrated with a sophisticated chef’s kitchen featuring quartzite countertops and high-end appliances.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1937, other record living area = 1433.
The former garage is currently utilized as flexible living and storage space; while it retains an automatic door, the lack of immediate dedicated indoor parking may be a drawback for some buyers.
At 4,400 square feet, the corner lot is relatively compact for the area, which may limit future expansion possibilities or large-scale outdoor recreational activities.
Built circa 1926, this beautifully preserved Spanish-inspired bungalow offers approximately 1,937 sq. ft. of usable space on a 4,400 sq. ft. lushly landscaped corner lot in the heart of Berkeley’s coveted Northbrae neighborhood. Surrounded by mature trees, established plantings, and verdant gardens, the property provides a peaceful setting while being ideally positioned near some of Berkeley’s most desirable shops, eateries, parks, schools, and transportation. Enjoy convenient access to popular Shattuck Avenue, Solano Avenue, and Gilman Avenue, as well as North Berkeley BART. Meticulously cared for and thoughtfully updated with premium materials, this 3-bedroom, 2-bath home beautifully balances original 1920s architecture and period details with today’s modern conveniences. A charming front entry opens to the formal living and dining rooms, while the stunning sunken living room showcases 9½-foot exposed-beam ceilings, dramatic 7-foot bay windows overlooking the side garden, a period-inspired fireplace with gas starter, and matching built-in bookshelves framing an elegant arched entry. The formal dining room features a lovely original built-in corner hutch. The sophisticated chef’s kitchen blends timeless style with modern functionality, offering elegant white cabinetry, luxurious quartzite countertops, high-end stainless-steel appliances, and a cozy dining area, with direct access to the rear Connecticut Bluestone patio and Ipe deck—perfect for alfresco dining and entertaining. The versatile lower level expands the possibilities with a spacious lounge/study that could serve as a fourth bedroom, plus a beautifully appointed second bathroom with custom tile, marble shower, and steam bath. An adjoining room provides laundry, storage, and flexible space for exercise or other uses. The former garage retains its automatic garage door and separate side entrance, offering the flexibility to convert it back to dedicated parking or expand the existing living space. Additional modern upgrades include newer dual-pane windows, extensively updated electrical and plumbing, new HVAC, earthquake retrofitting, EV charging, and more. A rare opportunity to enjoy authentic Berkeley character, thoughtfully updated for contemporary living, in one of the city’s most desirable and convenient neighborhoods. Energy score: 3
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,937 | 2,021.606 |
| Lot Size | 4,400 | 5,060.038 |
| Price | $1.45M | $1.75M |
| Price per sq ft | $748 | $1.0K |
| Built year | 1926 | 1926 |
| HOA | $0 | $549 |
| Days on market | 7 | 31 |
Sep 2, 2026
$1,449,000
Initial Listing
Jul 13, 2007
$775,000
Public Record