1839 Dwight Way, Berkeley, California 94703, Berkeley, 94703 - 2 bed, 1 bath
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Berkeley, California 94703
This 1928 Historic Fixer-Upper serves as a high-potential Value-Add Asset in a Prime South Berkeley Location, with a List Price of $959,000 and a Fair Market Value of $899,043. The property carries a Condition Rating of 5, indicating a need for a full-scale modernization of its interior and aging infrastructure. Despite the deferred maintenance, the 5,130 Square Foot Lot and Classic Period Character offer significant upside for forced appreciation through renovation or ADU Development. This is a strategic opportunity for Fix-and-Flip Investors or Contractors seeking a project in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1839 Dwight Way Subject | $959,000* List Price | 2 | 1 | 1,104 | $826 | - |
A 2910 Martin Luther King Jr Way Sold | $925,000 | 2 | 1 | 1,126 | $821 | 0.6 mi |
B 1604 Dwight Way Sold | $800,000 | 2 | 1 | 1,068 | $749 | 0.3 mi |
C 1812 Woolsey St Sold | $840,000 | 2 | 3 | 1,204 | $698 | 0.9 mi |
D 1922 Woolsey St Sold | $1,025,000 | 3 | 1 | 1,193 | $859 | 0.8 mi |
E 1538 Ashby Sold | $755,000 | 3 | 2 | 1,228 | $615 | 0.8 mi |
F 2926 Ellis St Active | $1,000,000 List Price | 3 | 1 | 1,438 | $695 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 with no record of recent renovations; exterior shows significant deferred maintenance, overgrown landscaping, and dated windows, suggesting that interior systems, kitchen, and baths likely exceed the 30-year threshold and require a full rehab.
Situated in a highly walkable and desirable neighborhood, this property offers excellent proximity to UC Berkeley, public transit, and local amenities, ensuring strong long-term value.
The 5,130 square foot lot is notably spacious for a two-bedroom home in this area, providing ample room for outdoor living, gardening, or potential ADU development.
Built in 1928, this residence likely features the architectural charm and vintage details that are highly sought after by buyers in the Berkeley market.
With only one bathroom, the property may face challenges in appealing to modern families or buyers who prioritize convenience and multi-user functionality.
As a nearly century-old structure, the home may require significant capital investment to update essential systems such as plumbing, electrical, and foundation to meet current standards.
This property offers an opportunity to acquire a 1928 Craftsman bungalow in the historic McGee-Spaulding District of Berkeley. From the paned glass built-ins and mouldings, to the 2-inch oak-board flooring and Ernest Batchelder fireplace with artisan tiles, this house offers potential for thoughtful renovation. Other period features include moulded "railway carriage" and sliding-glass paned windows; farm-style kitchen with breakfast nook, California cooler, and wall-cupboard drop-down ironing board; daylight basement/laundry room with masonry sink and cooler cupboards with stenciled cutouts. The house sits on an approximately 5,130 sq ft lot, with a long driveway and hinge-windowed garage. The back garden features heirloom roses and old-wood fruit trees (olives, persimmons, Mirabelle plums). Light-filled from various angles, this house appears beautiful in the afternoon sun. The interior of the vintage fireplace has been reconditioned and the house features seismic retrofitting with foundation bolting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 1,104 | 1,227 | 24% |
| Lot Size | 5,130 | 4,227.5 | 71% |
| Price | $959.0K | $1.16M | 29% |
| Price per sq ft | $869 | $844 | 58% |
| Built year | 1928 | 1914 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 117 | 13% |
Apr 29, 2026
$959,000
Initial Listing
Aug 30, 2004
$545,000
Public Record