
Berkeley, California 94702
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $1,040,000—positioned slightly above the $1,023,726 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained structure with significant Expansion Potential via the large garage. Located in the desirable Poets Corner neighborhood, the home offers proximity to top-rated schools like Berkeley High. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to add value through strategic renovations and ADU conversion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2426 West Street Subject | $1,040,000* List Price | 2 | 1 | 1,066 | $960 | - |
A 2534 Mathews Street Sold | $825,000 | 2 | 1 | 1,190 | $693 | 0.2 mi |
B 2220 Browning St Sold | $960,000 | 2 | 2 | 1,019 | $942 | 0.3 mi |
C 1342 Russell St Sold | $950,000 | 3 | 1 | 1,136 | $836 | 0.6 mi |
D 2230 Sacramento St Sold | $1,090,000 | 3 | 1 | 995 | $1,095 | 0.3 mi |
E 2220 Acton St Active | $849,000 List Price | 2 | 1 | 998 | $851 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this home is well-maintained but dated. The kitchen features older cabinetry and is missing appliances, while the bathroom retains vintage pink tiling and fixtures likely over 30 years old. While functional, it requires cosmetic updates and likely system modernizations to meet modern standards.
Situated in the highly desirable Poets Corner neighborhood, this property is in a sought-after Berkeley area known for its community stability and long-term residents.
The property includes a large garage with significant potential for expansion or an ADU conversion, providing an excellent opportunity to add value and square footage.
Built in 1929, the home retains its original architectural charm and has been well-cared for by the same family for over fifty years, offering a solid foundation for restoration.
Having served as a rental for over 20 years, the interior requires modern updates and cosmetic improvements to achieve true move-in condition.
With only two bedrooms and one bathroom in a 1,066-square-foot layout, the current configuration may be restrictive for growing families or those needing a home office.
This Berkeley home has been in the family for maybe half a century or more. It's been well cared for by the family during their ownership. For the last 20 plus years the home has been rented. The home has lots of original charm with a bit of updating to truly make it move-in condition. The location is highly desirable. This is an area that people move into and stay a long time. The large garage has potential for expansion.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 1,066 | 1,190 | 32% |
| Lot Size | 4,550 | 3,695 | 74% |
| Price | $1.04M | $1.32M | 37% |
| Price per sq ft | $976 | $1.0K | 42% |
| Built year | 1929 | 1924 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 105 | 3% |
May 31, 2026
$1,040,000
Initial Listing