2271 Cedar 1, Berkeley, California 94709, Berkeley, 94709 - 1 bed, 1 bath
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2271 Cedar 1
Berkeley, California 94709
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
882Sq Ft
3,127Lot Size
Property Price
LIST PRICE$749,000
EST. MARKET VALUE
$799,378
6% BelowMARKET VALUE
SUMMARY
This Turnkey North Berkeley Condo is a Strong Value Opportunity, listed at $749,000—positioned well below the $812,428 Fair Market Value by 7%. This valuation gap offers $63,428 in Instant Equity for the buyer. Featuring a Gourmet Chef’s Kitchen and a Condition Rating of 2, this home offers a modern, move-in ready lifestyle near UC Berkeley. With its private patio and period charm, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a high-quality, low-maintenance residence.
Estimated Market Value
$799,378+$50,378 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Berkeley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2271 Cedar 1 Subject 1 bd · 1 ba · 882 sqft · $906 | $749,000* List Price | 1 | 1 | 882 | $906 | - |
A 1301 Bonita 3 Sold 1 bd · 1 ba · 942 sqft · $902 · 0.5 mi | $850,000 | 1 | 1 | 942 | $902 | 0.5 mi |
B 1635 Le Roy Ave 1 Sold 1 bd · 1 ba · 1,053 sqft · $921 · 0.4 mi | $970,000 | 1 | 1 | 1,053 | $921 | 0.4 mi |
C 2700 Le Conte Ave 301 Sold 1 bd · 1 ba · 709 sqft · $874 · 0.5 mi | $620,000 | 1 | 1 | 709 | $874 | 0.5 mi |
D 2700 2700 Le Conte Ave 402 Sold 1 bd · 1 ba · 682 sqft · $953 · 0.5 mi | $650,000 | 1 | 1 | 682 | $953 | 0.5 mi |
E 1698 La Loma Ave Sold 1 bd · 1 ba · 912 sqft · $1,064 · 0.4 mi | $970,000 | 1 | 1 | 912 | $1,064 | 0.4 mi |
F 2634 Virginia St 33 Sold 2 bd · 1 ba · 878 sqft · $877 · 0.4 mi | $770,000 | 2 | 1 | 878 | $877 | 0.4 mi |
G 2024 Cedar St Sold 2 bd · 1 ba · 1,170 sqft · $786 · 0.3 mi | $920,000 | 2 | 1 | 1,170 | $786 | 0.3 mi |
H 1767 Euclid Ave 2 Active 2 bd · 1 ba · 837 sqft · $878 · 0.3 mi | $735,000 List Price | 2 | 1 | 837 | $878 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1934, the property has undergone a high-end modern renovation within the last 5 years. The kitchen features contemporary quartz counters, stainless steel appliances, and custom cabinetry. The interior is in mint condition with updated double-pane windows, hardwood floors, and a modern bathroom, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime North Berkeley Location
Situated in the heart of North Berkeley, the property is within walking distance to UC Berkeley and the renowned Gourmet District, offering unparalleled access to world-class dining and local amenities.
- Gourmet Chef’s Kitchen
The kitchen features high-end stainless appliances, quartz countertops, and travertine flooring, providing a luxurious and functional space that exceeds typical condo standards.
- Architectural Charm & Modern Comfort
Built in 1934, the home retains classic period details like mahogany built-ins and French doors while offering modern upgrades such as double-pane windows and a gas fireplace.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The lack of in-unit laundry, with facilities located in a common basement area, may be a convenience drawback for some modern buyers.
- Single Bedroom Limitation
As a one-bedroom unit, the property may appeal to a narrower demographic, potentially limiting interest from small families or those requiring a permanent second bedroom.
About 2271 Cedar 1
Ultra charming condo with low HOA fees in a prime North Berkeley location. Just a short walk to UC Berkeley yet quietly situated beside a peaceful residential area. Minutes from Berkeley’s renowned Gourmet District, including Chez Panisse, The Cheese Board, and the Berkeley Rose Garden, this home offers exceptional convenience paired with classic neighborhood charm. Features include period architectural charm blended with modern updates, hardwood floors, designer colors, French doors, formal dining room, and a gas fireplace with mahogany built ins. Double pane windows, ample closets, and a tastefully large bath. The Gourmet Chef’s kitchen offers high end stainless appliances, custom white cabinetry with pull outs, breakfast bar, wet bar with water purifier, travertine flooring, and quartz counters. Level access to a sweet, shady backyard/patio. With nearly 900 square feet of living space, this condo offers flexible layout options, including space that can function as a small sleeping area or a home office. Common laundry and storage in basement. Buyer to verify all information.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1934
- Lot Size
- 3,127 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.8 |
| Baths | 1.0 | 1.4 |
| Square foot | 882 | 918.176 |
| Lot Size | 3,127 | 6,932.206 |
| Price | $749.0K | $754.3K |
| Price per sq ft | $849 | $859 |
| Built year | 1934 | 1951 |
| HOA | $300.0 | $507 |
| Days on market | 37 | 52 |
Pricing History
Listed for Sale
Sep 17, 2026
$749,000
Initial Listing
Sold
Jul 18, 1997
$160,000
Public Record
Sold
Jul 8, 1997
$172,000
Public Record