2340 Virginia St, Berkeley, California 94709, Berkeley, 94709 - 5 bed, 3 bath
ACTIVE$1,898,000$2,931/sqft
Est. Value: $2,008,875
5%
BelowEstimate
2340 Virginia St, Berkeley, California 94709
5Beds
3Baths
2,931Sqft
5,625Lot
Price Vs. Estimate
The estimated value ($2,008,875.355) is $110,875.355 (5%) higher than the list price ($1,898,000). This property may be underpriced.
Key pros and cons
Top Pros:
Exceptional Location: Prime North Berkeley location on a tree-lined street, offering unparalleled access to UC Berkeley, downtown BART, diverse restaurants, cultural venues, and the North Shattuck Corridor's specialty shops and cafes.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2931, other record living area = 2533. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$1.90M vs avg $1.85M (+$49,338)50%
Size:2,931 sqft vs avg 1,982.5 sqft75%
Price/sqft:$648 vs avg $74125%
More Insights
Built in 1929 (97 years old).
Condition: Built in 1929, this duplex has received recent cosmetic updates such as fresh paint and refinished oak floors, and a new roof. However, the kitchens and bathrooms present a mixed condition. One kitchen features very dated yellow laminate countertops and an older white stove, while the other has a mix of newer stainless steel appliances and older elements. One bathroom is significantly outdated with pink tile, though the other appears recently updated with modern finishes. The listing also highlights 'Age-Related System Obsolescence' and 'Extremely Poor Energy Efficiency' (Home Energy Score of 1), indicating that major systems likely require future attention. Overall, the property is maintained but requires substantial updates to key areas to meet contemporary standards.
Year Built
1929
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$648
HOA
-
Days on market
-
Sold On
-
MLS number
41120084
Home ConditionFair
Features
Good View:
Patio
View-
About this home
Location, Location, Location! Prime north Berkeley location! Located on a tree-lined street of Classic era properties in the heart of Berkeley's sought-after neighborhood, minutes to the world-renowned UCB, downtown Berkeley BART, fabulous restaurants, performing arts theaters, music venues, and North Shattuck Corridor specialty shops, cafes, eateries and markets. This duplex has a total of 3+ bedrooms, 3 bathrooms and over 2900 sqft of living space, the brand new roof (except for the tiles), fresh paint, refinished oak floors, spacious living and dining areas, breakfast nooks, and attached 2 garages are features that add to the property's appeal. Each unit is separately metered for gas and electricity. Whether an investor or an owner-user, this special property offers great potential. Home Energy Score of 1 for both 2340 and 2344.
X
Xiuju Sun
Listing Agent
Nearby schools
5/10
Oxford Elementary School
Public,•K-5•0.8mi
7/10
Washington Elementary School
Public,•K-5•0.9mi
7/10
Cragmont Elementary School
Public,•K-5•1.1mi
7/10
Emerson Elementary School
Public,•K-5•1.3mi
6/10
Leconte Elementary School
Public,•K-5•1.4mi
6/10
John Muir Elementary School
Public,•K-5•1.7mi
6/10
Malcolm X Elementary School
Public,•K-5•1.8mi
8/10
Willard Middle School
Public,•6-8•1.2mi
8/10
Berkeley High School
Public,•9-12•0.7mi
Price History
Date
Event
Price
08/10/21
Sold
$1,653,000
Condition Rating
Fair
Built in 1929, this duplex has received recent cosmetic updates such as fresh paint and refinished oak floors, and a new roof. However, the kitchens and bathrooms present a mixed condition. One kitchen features very dated yellow laminate countertops and an older white stove, while the other has a mix of newer stainless steel appliances and older elements. One bathroom is significantly outdated with pink tile, though the other appears recently updated with modern finishes. The listing also highlights 'Age-Related System Obsolescence' and 'Extremely Poor Energy Efficiency' (Home Energy Score of 1), indicating that major systems likely require future attention. Overall, the property is maintained but requires substantial updates to key areas to meet contemporary standards.
Pros & Cons
Pros
Exceptional Location: Prime North Berkeley location on a tree-lined street, offering unparalleled access to UC Berkeley, downtown BART, diverse restaurants, cultural venues, and the North Shattuck Corridor's specialty shops and cafes.
Duplex Configuration & Income Potential: This property is a duplex with over 2900 sqft, 5 beds, and 3 baths, featuring separately metered gas and electricity for each unit, making it highly attractive for investors or owner-users seeking rental income.
Recent Key Property Upgrades: Significant recent updates include a brand new roof (except for tiles), fresh paint throughout, and refinished oak floors, reducing immediate maintenance and capital expenditure for the new owner.
Spacious Layout & Classic Charm: The property boasts over 2900 sqft of living space with spacious living and dining areas, breakfast nooks, and retains the desirable character of a 'Classic era' Berkeley home.
Valuable Attached Garages: The inclusion of two attached garages provides essential off-street parking and additional storage, a significant advantage in a densely populated urban area like Berkeley.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2931, other record living area = 2533. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Extremely Poor Energy Efficiency: Both units have a Home Energy Score of 1, indicating very low energy efficiency, which will likely lead to high utility costs and necessitate significant energy-related upgrades for improved performance.
Age-Related System Obsolescence: Built in 1929, despite recent cosmetic updates, the property may still have original or outdated major systems (e.g., plumbing, electrical, HVAC) that could require substantial future investment.
Unspecified Modernization Needs: While some areas are refreshed, the description does not detail updates to key areas like kitchens and bathrooms, suggesting potential for further modernization to meet contemporary standards and buyer preferences.