
Berkeley, California 94702
This Turnkey Craftsman Cottage is a High-Potential Investment Opportunity, listed at $995,000—positioned well below the $1,293,520 Fair Market Value by 23%. This valuation gap offers $298,520 in Instant Equity. Featuring a Mint Condition Rating with modern infrastructure, a remodeled kitchen, and a private patio, the home offers immediate lifestyle appeal in the walkable Poet’s Corner neighborhood. With proximity to top-rated schools like Berkeley High, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2435 Valley Street Subject | $995,000* List Price | 2 | 1 | 1,067 | $1,212 | - |
A 1436 1436 Delaware St Sold | $1,040,000 | 2 | 1 | 976 | $1,066 | 0.7 mi |
B 1419 Berkeley Way Sold | $1,200,000 | 3 | 2 | 1,020 | $1,176 | 0.6 mi |
C 1237 Ashby Ave Sold | $881,000 | 2 | 2 | 1,190 | $740 | 0.7 mi |
D 1564 Sacramento St Sold | $1,170,000 | 2 | 1 | 1,249 | $937 | 1.0 mi |
E 1349 Hearst Ave Active | $899,000 List Price | 2 | 1 | 1,038 | $866 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1908, the property has undergone a comprehensive recent renovation including a freshly remodeled bathroom and a kitchen with new counters, backsplash, and high-end Fisher & Paykel appliances. Critical systems are fully modernized with a full-house rewire, 200-amp panel, EV charger, and on-demand water heater, meeting the criteria for mint condition with no immediate maintenance required.
The property features significant high-value upgrades including a 200-amp electrical panel, EV charger, on-demand water heater, and full sewer lateral/BESO compliance, ensuring immediate move-in readiness and energy efficiency.
Situated in a highly desirable, bike-friendly neighborhood, the home offers exceptional walkability to local favorites like Strawberry Creek Park and Homemade Cafe without the need to cross major thoroughfares.
This 1908 shingled cottage masterfully blends vintage Craftsman details with modern elements such as vaulted ceilings, skylights, and Dutch doors that create a seamless connection to the professionally landscaped garden.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1067, other record living area = 812. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one bathroom serving two bedrooms, the layout may present functional challenges for households with multiple occupants or guests.
The interior living space of 1,067 square feet and a lot size of 3,320 square feet are relatively modest for the price point, potentially limiting options for buyers seeking larger rooms or significant yard space.
In the heart of Berkeley, this 1908 shingled cottage blends classic Craftsman character with modern California ease. Thoughtfully expanded and updated, it retains its vintage soul while adding soaring ceilings, skylights, clean architectural lines, and meaningful modern upgrades. The generous living room features coved ceilings, wainscoting, oak floors, elegant lighting, and a cozy gas fireplace. The personality-filled eat-in kitchen pairs a Fisher & Paykel induction range, redwood glass-doored cabinetry, vaulted ceilings, fresh new counters and backsplash, plus charming built-ins. A freshly remodeled bathroom and dedicated laundry area with storage add style and everyday function. At the rear, two light-filled, vaulted rooms with skylights each open to the backyard through Dutch doors. One serves as the primary bedroom, while the other flexes beautifully as a second bedroom, guest room, office, or studio. Substantial improvements include sewer lateral and BESO compliance (HES score 5), a full-house rewire, 200-amp electrical panel, EV charger, on-demand water heater, and insulated crawl space. Outside, professionally installed pavers create inviting spaces for dining and entertaining amid mature landscaping, including Chinese rice paper plants, and a stunning Japanese maple. A detached garage offers space for storage, a workshop, or creative pursuits. And then there’s Poet’s Corner: quiet, walkable, bike-friendly, and wonderfully connected. Homemade Cafe, Breads of India, Tanzie’s, and other neighborhood favorites are close by, along with easy strolls to Strawberry Creek Park, Charlie Dorr Park, and Hidden Cafe, all without crossing busy streets. Historic Berkeley soul, modern ease, a private garden retreat, and charm in all the right places. www.2435valleystreet.com
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,067 | 2,021.606 |
| Lot Size | 3,320 | 5,060.038 |
| Price | $995.0K | $1.75M |
| Price per sq ft | $933 | $1.0K |
| Built year | 1908 | 1926 |
| HOA | $0 | $549 |
| Days on market | 15 | 31 |
Aug 25, 2026
$995,000
Initial Listing
Mar 30, 2021
$1,235,000
Public Record