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2347 Woolsey Street, Berkeley, California 94705, Berkeley, 94705 - bed, bath

2347 Woolsey Street, Berkeley, California 94705 home-pic-0
ACTIVE$1,149,000
2347 Woolsey Street, Berkeley, California 94705
0Bed
0Bath
1,664Sqft
3,280Lot
Year Built
1923
Close
-
List price
$1.15M
Original List price
$1.3M
Price/Sqft
$691
HOA
-
Days on market
-
Sold On
-
MLS number
ML82016196
Home ConditionGood
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(50th), sqft - 1664(67th), beds - undefined(50th), baths - undefined(50th).

New Price. This beautifully updated triplex is located in the Heart of Berkeleys vibrant Elmwood neighborhood. This multi-family property with its' eclectic charm was built in 1923 and offers a perfect blend of historic charm and modern upgrades, making it an ideal choice for investors or owner-occupants seeking strong rental income in a high-demand market. Berkeleys rental market remains one of the strongest in the Bay Area, driven by proximity to UC Berkeley, a world-class employment hub, and limited housing supply. The Elmwood neighborhoods walkability (Walk Score of 92) being steps away from Telegraph Avenue. Enjoy access to iconic spots like the Smokehouse burger joint, Whole Foods, and diverse Ethiopian, Burmese, Thai, and Vietnamese restaurants. Explore Willard Park and boutique shops nearby. A commuter's and bikers paradise only 0.6 miles from Ashby BART station, with easy access to major freeways to Downtown Oakland (13 miles) and San Francisco (23 miles). Own this turnkey triplex in one of Berkeleys most sought-after neighborhoods with high rental potential.

Nearby schools

8/10
Peralta Elementary School
Public,•K-5•0.3mi
6/10
Leconte Elementary School
Public,•K-5•0.3mi
7/10
Emerson Elementary School
Public,•K-5•0.7mi
6/10
Malcolm X Elementary School
Public,•K-5•0.8mi
6/10
John Muir Elementary School
Public,•K-5•0.8mi
8/10
Willard Middle School
Public,•6-8•0.4mi
6/10
Claremont Middle School
Public,•6-8•0.7mi
8/10
Berkeley High School
Public,•9-12•1.3mi
2/10
Oakland International High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.5mi
2/10
Fremont High
Public,•9-12•6.1mi

Price History

Date
Event
Price
11/04/25
Price Change
$1,149,000-1.8%
10/17/25
Price Change
$1,170,000-2.3%
09/18/25
Price Change
$1,198,000-7.7%
07/29/25
Listing
$1,298,000
Condition Rating
Good
The property, built in 1923, is described as 'beautifully updated' with 'modern upgrades' and 'turnkey,' suggesting it is move-in ready with no immediate renovations required. The exterior images show a well-maintained building with a recently updated deck and visible AC units, indicating functional modern systems. While the description points to significant renovations, the absence of interior images, particularly of the kitchen and bathrooms, prevents a definitive assessment of their specific condition, style, and features to qualify for an 'Excellent' rating. However, the strong textual emphasis on modern updates and the well-kept exterior support a 'Good' condition score.
Pros & Cons

Pros

Exceptional Location & Walkability: Situated in Berkeley's vibrant Elmwood neighborhood with a Walk Score of 92, offering immediate access to diverse dining, shopping, and parks, enhancing tenant appeal.
Robust Rental Income Potential: A triplex in Berkeley's strong rental market, driven by UC Berkeley's proximity and limited housing supply, promises high demand and stable income for investors or owner-occupants.
Historic Charm with Modern Updates: The property beautifully blends its 1923 historic character with modern upgrades, appealing to a broad tenant base seeking unique and well-maintained living spaces.
Excellent Transit & Commuter Access: A 'commuter's and bikers paradise' with Ashby BART station just 0.6 miles away and easy freeway access to Oakland and San Francisco, making it highly desirable for commuters.
Turnkey Multi-Family Investment: As an updated triplex, it offers a ready-to-rent, multi-unit investment opportunity in a sought-after market, minimizing immediate landlord responsibilities.

Cons

Recent Price Reductions: Multiple price adjustments from the original listing price may indicate initial overvaluation or market resistance, potentially affecting buyer perception of value.
Limited Unit Square Footage: The total square footage of 1664 sqft for a triplex suggests relatively compact individual units, which could limit the tenant demographic or rental income potential compared to properties with larger units.
Age-Related Maintenance Considerations: While updated, a 1923-built property may still present ongoing maintenance challenges or require future investments in older systems not explicitly mentioned as upgraded.

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