2334 Mckinley Ave, Berkeley, California 94703, Berkeley, 94703 - 3 bed, 2 bath
Loading property details...
Berkeley, California 94703
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned well above the $864,237 Fair Market Value by -3%. While the property requires significant capital investment due to its Fair/Poor Condition Rating, the 1,931 sq ft footprint on a 5,200 sq ft lot provides a solid foundation for value-add renovation. Featuring a private two-car driveway and deck/patio access, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to modernize a classic 1908 build in a prime Central Berkeley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2334 Mckinley Ave Subject | $895,000* List Price | 3 | 2 | 1,931 | $448 | - |
A 1711 Carleton St Sold | $950,000 | 4 | 1 | 1,975 | $481 | 0.4 mi |
B 1530 Stuart St Active | $900,000 List Price | 4 | 3 | 1,680 | $536 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 and held by the same family for over 50 years, this property is a clear candidate for a full rehab. Interior photos show significant cracking in plaster/ceilings, outdated wall heaters rather than modern HVAC, and a primitive bathroom with exposed plumbing. The listing description confirms the need for renovation, targeting investors to 'bring new life' to the home.
Situated in a highly sought-after and walkable neighborhood, this property offers exceptional proximity to local amenities, transit, and the University, ensuring strong long-term value retention.
With over 1,900 square feet of living space on a generous 5,200 square foot lot, the property provides a rare amount of space and a solid foundation for a high-value renovation or potential expansion.
The inclusion of a private, non-shared two-car driveway is a premium asset in this dense urban area, offering significant convenience and adding to the property's marketability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1931, other record living area = 1544.
Having been held by the same family for over 50 years, the home likely requires a significant capital investment to modernize its systems, finishes, and layout to meet contemporary standards.
A BESO score of 3 indicates the property currently has low energy performance, which may necessitate immediate and costly upgrades to comply with local ordinances or improve comfort.
After more than 50 years in the same family, this 3 bed, 1.5 bath single-family home in a prime Central Berkeley location is ready for its next chapter. Measured over 1900 square feet and set on a generous 5,200 sq ft lot, the single-story home is filled with natural light and offers incredible potential for renovation. The spacious lot invites the opportunity to create a backyard retreat, while the existing layout provides a great foundation to reimagine and update to your taste. A two-car driveway offers ample off-street parking.* Whether you’re an investor or a buyer looking to put your own stamp on a home, this is a rare opportunity to bring new life to a well-loved property in an incredible neighborhood. *Driveway is not shared. *Sellers and listing agent do not guarantee ADU feasibility. Buyer to investigate. BESO score = 3
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,931 | 1,228 | 73% |
| Lot Size | 5,200 | 4,000 | 70% |
| Price | $895.0K | $1.27M | 14% |
| Price per sq ft | $463 | $844 | 5% |
| Built year | 1908 | 1913 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 118 | 8% |
May 6, 2026
$895,000
Initial Listing