
Berkeley, California 94709
This Renovated Northside Quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,600,000—positioned well below the $1,895,114 Fair Market Value by 15%. This significant valuation gap offers $295,114 in Instant Equity. Boasting an Excellent Condition Rating, the property features Modern Kitchens with Quartz Countertops and Refinished Hardwood Floors. Located steps from UC Berkeley and served by Top-Rated Schools, the asset provides a vacant unit for immediate "house hacking" and a large attic for future expansion. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2421 Hilgard Ave Subject | $1,600,000* List Price | 0 | 0 | 2,890 | $656 | - |
A 1936 Berryman St Sold | $1,855,000 | 0 | 0 | 2,725 | $681 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1928, the property has undergone extensive recent renovations. The interiors feature a modern kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances. Bathrooms have been updated with contemporary patterned tiling and modern fixtures. The unit shown displays high-quality finishes, including refinished hardwood floors and updated lighting, meeting current market standards with no apparent deferred maintenance.
Situated in Berkeley’s coveted Northside neighborhood just steps from UC Berkeley, the property benefits from exceptionally high rental demand and a supply-constrained market.
The large attic space offers significant potential for future expansion, while the delivery of one vacant unit allows for immediate owner-occupancy or market-rate repositioning.
Built in 1928, this character-rich fourplex offers timeless appeal in a quiet, tree-lined residential pocket, making it a highly desirable asset for long-term hold.
With only a one-car garage for four units, the property may face challenges in a high-density area where street parking is notoriously difficult for tenants.
As a structure from 1928, the building likely requires ongoing maintenance and potential capital improvements to modernize systems and maintain its historic integrity.
Tucked into Berkeley’s Northside neighborhood just moments from UC Berkeley, 2421 Hilgard Ave offers a rare opportunity to own a classic fourplex in one of the city’s most sought-after residential pockets. Set on a quiet, tree-lined street near the Euclid corridor, the property combines a peaceful setting with close access to campus, shops, and dining. The building features four 1BD/1BA units across 2,890 sq ft, along with a 1-car garage and a large attic space that may offer future expansion potential (buyer to verify). One unit will be delivered vacant, providing an immediate opportunity for owner occupancy while maintaining income from the remaining units. With strong, consistent rental demand tied to its campus-adjacent location, this is a unique chance to own a character-rich asset in a supply-constrained North Berkeley neighborhood.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,890 | 2,890 | 50% |
| Lot Size | 3,000 | 4,788 | 33% |
| Price | $1.60M | $1.60M | 50% |
| Price per sq ft | $554 | $554 | 50% |
| Built year | 1928 | 1927 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 187 | 33% |
Apr 1, 2026
$1,600,000
Initial Listing
Apr 26, 2017
$1,380,000
Public Record
Nov 30, 2016
$1,800,000
Public Record