
Berkeley, California 94709
This property presents a High-Potential Investment Opportunity with a List Price of $1,498,000—positioned well below the $1,432,498 Fair Market Value by -4%. Featuring a Condition Rating of 5, the site requires significant capital expenditure but offers massive upside through its 10,420 sqft lot and previous ZAB approval for an 11-residence development. With separate utility metering already in place, this Triplex asset is ideal for Real Estate Developers or Buy-and-Hold Investors seeking to maximize density in a premier North Berkeley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1915 Berryman St Subject 0 bd · 0 ba · 1,972 sqft · $726 | $1,498,000* List Price | 0 | 0 | 1,972 | $726 | - |
A 1682 Oxford St Active 0 bd · 0 ba · 2,396 sqft · $705 · 0.6 mi | $1,690,000 List Price | 0 | 0 | 2,396 | $705 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900, this property shows significant signs of age including dated acoustic tile drop ceilings, weathered shingle siding, and aged exterior wood. The listing description emphasizes 'renewal' and 'redevelopment' for an 11-unit project, indicating the current structure and systems are likely at the end of their functional life and require a total rehab or replacement.
The property boasts previous ZAB approval for an 11-residence architectural project, offering a massive head start for developers looking to maximize the value of this high-density site.
Situated on a large, tree-lined corner lot in one of Berkeley’s most prestigious neighborhoods, the property offers unparalleled access to local amenities and high long-term appreciation potential.
Currently configured as a triplex with separate utility metering already in place, the site provides immediate income-generating potential while a buyer explores redevelopment or renovation options.
Dating back to 1900 and marketed as an 'opportunity for renewal,' the existing structures likely require significant capital expenditure to modernize or restore to current market standards.
The current list price is significantly lower than the 2022 sale price of $2.1M, which may indicate challenges with previous development feasibility or a shift in local market demand for high-end projects.
The Art of Renewal-An extraordinary opportunity in the heart of North Berkeley. Set on an expansive, tree-lined corner lot in one of Berkeley’s most coveted neighborhoods, 1915 Berryman offers a rare combination of location, scale, flexibility and future potential. Currently configured as a three-unit property, the site invites a wide range of possibilities—reimagine the existing residences, create a compelling income property, explore an owner/user opportunity, or pursue a more ambitious vision for the property. Adding another dimension to its potential, the property was previously ZAB approved for an architecturally striking 11-residence development designed by Gunkel Architecture, offering a future owner an exceptional foundation from which to explore redevelopment of the site. What makes 1915 Berryman especially compelling is the freedom to think creatively. Improve what is here today, generate income, revisit the previously approved development, or investigate an entirely new vision for this substantial Berkeley property. With separate utility metering already in place and a generous site in a premier North Berkeley setting, the possibilities are remarkable. A rare chance to acquire a significant property in an exceptional Berkeley location—and determine its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,972 | 2,492.071 |
| Lot Size | 10,420 | 4,591.214 |
| Price | $1.50M | $1.08M |
| Price per sq ft | $760 | $463 |
| Built year | 1900 | 1931 |
| HOA | $0 | $0 |
| Days on market | 8 | 147 |
Oct 16, 2026
$1,498,000
Initial Listing
Mar 7, 2022
$2,100,000
Public Record
Mar 18, 2020
$1,400,000
Public Record