2529 Ellsworth St, Berkeley, California 94704, Berkeley, 94704 - 0 bed, 0 bath
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Berkeley, California 94704
Analysis of 2529 Ellsworth St, Berkeley, California 94704 is currently available with a list price of $1,980,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Berkeley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1909, the property has undergone a comprehensive modern renovation likely within the last 5 years. The kitchens feature updated white shaker cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms are fully modernized with new vanities and glass-enclosed showers. The interior shows mint condition finishes, including updated flooring and fresh paint, meeting the criteria for a recent high-end renovation.
Located just five blocks from UC Berkeley, the property is positioned in a high-demand rental corridor, ensuring a consistent pool of student and faculty tenants.
The inclusion of onsite parking is a significant competitive advantage in this densely populated neighborhood, where parking is scarce and highly valued by renters.
The combination of two 1-bedroom units and two studios is perfectly optimized for the local demographic, maximizing rental yield and minimizing vacancy risks.
Built in 1909, the property likely requires higher maintenance reserves and may need significant capital improvements for seismic safety or system upgrades.
At a list price of $1.98M for 2,139 square feet, the property commands a premium price point that may challenge immediate cash-on-cash returns for investors.
2529 Ellsworth Street is an opportunity no investor interested in Bay Area real estate should pass on. Well-located four-unit multifamily property in the heart of Berkeley, just five blocks from UC Berkeley. It features a desirable unit mix of two 1-bedroom units and two studios, making it ideal for strong and consistent rental income. Positioned between Telegraph Avenue and Shattuck Avenue, the property benefits from excellent walkability and close proximity to shopping, dining, banking, and everyday conveniences. The building offers onsite parking—an uncommon amenity in this high-demand neighborhood. Open Sat/Sun 6/27-28, 2:00-4:30pm
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,139 | 2,392 |
| Lot Size | 3,900 | 5,520 |
| Price | $1.98M | $1.19M |
| Price per sq ft | $926 | $542 |
| Built year | 1909 | 1924 |
| HOA | $0 | $0 |
| Days on market | 40 | 48 |
Jun 12, 2026
$1,980,000
Initial Listing
Apr 11, 2022
$1,870,000
Public Record
Sep 10, 2020
$1,200,000
Public Record