
Berkeley, California 94702
This Turnkey Mediterranean Revival is a High-Potential Investment Opportunity, listed at $895,000—positioned well below the $1,227,317 Fair Market Value by 27%. This significant valuation gap offers $332,317 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Permitted Bonus Studio and modern updates. Its proximity to North Berkeley BART makes it a commuter’s dream. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value and lifestyle convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1905 Chestnut St Subject | $895,000* List Price | 2 | 2 | 1,052 | $1,167 | - |
A 1436 1436 Delaware St Sold | $1,040,000 | 2 | 1 | 976 | $1,066 | 0.3 mi |
B 2081 Bonar St Active | $998,000 List Price | 3 | 2 | 1,071 | $932 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1928, the property has undergone high-quality renovations including a fresh, modern kitchen and bath, gleaming hardwood floors, and the addition of a fully permitted modern studio. The home is in mint, move-in ready condition with compliant systems and energy scores.
The property includes a fully permitted detached studio with cathedral ceilings and a half bath, providing a high-value versatile space for a home office, guest suite, or creative studio.
Located just 0.4 miles from North Berkeley BART and 0.2 miles from the Transbay bus to San Francisco, the home offers exceptional transit accessibility for Bay Area professionals.
This move-in ready 1928 Mediterranean Revival features polished hardwood floors, updated kitchen and bath, and is already sewer compliant with a strong BESO energy score.
At 2,555 square feet, the lot is relatively compact, which limits traditional garden space and may feel restrictive for buyers seeking a large private yard.
The primary residence contains only one full bathroom, which could be a drawback for families or those who frequently host guests.
1905 Chestnut is a cheerful Mediterranean Revival 2-bed, 1-bath home with an open-concept main room and clear sight lines from the front door to the backyard, it’s maximized for efficiency, modern living and cuteness. Charming arched windows allow in western light and provide bright spaces for living and gathering. The two skylights bring additional light into the kitchen and bathroom. With thoughtful updates made along the way, this home is move-in ready. Featuring polished and gleaming hardwood floors, fresh paint, and an efficient, fresh kitchen and bath. The tidy, private gated patio backyard includes an EPIC bonus fully permitted studio (with half bath) which features cathedral ceilings and polished concrete floors and is a dream studio for work or play. It opens onto the level paved patio has a separate level-in laundry room, providing opportunity for comfortable outdoor living, working, or entertaining. Sewer Compliant, BESO Home Energy Score of 7. Close to local restaurants, La Mission, Noor, Casa Latina, and nearby shopping at Mi Tierra Market. Berkeley marina, and parks. Convenient to UC Berkeley campus, North Berkeley BART 0.4 miles, Transbay bus to SF 0.2 miles. Major bus lines on University & San Pablo, 0.3 miles. Plus, the neighborhood is bursting with well-stocked Little Free Libraries!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,052 | 2,021.606 |
| Lot Size | 2,555 | 5,060.038 |
| Price | $895.0K | $1.75M |
| Price per sq ft | $851 | $1.0K |
| Built year | 1928 | 1926 |
| HOA | $0 | $549 |
| Days on market | 20 | 31 |
Aug 20, 2026
$895,000
Initial Listing
Jun 4, 2003
$352,000
Public Record