2703 Mathews St, Berkeley, California 94702, Berkeley, 94702 - 4 bed, 4 bath
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2703 Mathews St
Berkeley, California 94702
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,654Sq Ft
2,720Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,488,765
16% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $999,000—positioned well below the $1,194,087 Fair Market Value by 16%. This valuation gap offers $195,087 in Instant Equity. Featuring a Mint Condition Rating with a fully equipped ADU, this property offers significant rental income potential. With a Walk Score of 88 and modern interior finishes, it balances lifestyle convenience with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$1,488,765+$238,765 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Berkeley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2703 Mathews St Subject 4 bd · 4 ba · 1,654 sqft · $900 | $1,250,000* List Price | 4 | 4 | 1,654 | $900 | - |
A 1349 Hearst Ave Sold 2 bd · 1 ba · 1,038 sqft · $910 · 1.0 mi | $945,000 | 2 | 1 | 1,038 | $910 | 1.0 mi |
B 2756 Acton St Active 5 bd · 3 ba · 1,630 sqft · $552 · 0.2 mi | $899,000 List Price | 5 | 3 | 1,630 | $552 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1910, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and shaker cabinets, updated bathrooms with contemporary fixtures, new double-pane windows, and fresh paint throughout, placing it in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property includes a fully equipped ADU with a private entrance, full kitchen, and laundry, offering significant potential for rental income or multi-generational living.
- Modernized Dual Primaries
Featuring two primary bedrooms and updated interiors with quartz countertops and stainless steel appliances, the home combines classic charm with modern convenience.
- Exceptional Walkability
Boasting a Walk Score of 88 and a Bike Score of 90, the residence is ideally located in the San Pablo Park neighborhood, minutes from local dining and shopping.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1654, other record living area = 1606. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Limited Lot Size
With a lot size of only 2,720 square feet, the outdoor space is relatively small for a four-bedroom property, which may limit yard utility and privacy.
- Vintage Infrastructure
Originally built in 1910 with a moderate Home Energy Score of 5, the property may require ongoing maintenance typical of century-old structures despite recent cosmetic updates.
About 2703 Mathews St
EXQUISITE, Transparently Priced Home with an ADU in Berkeley’s Coveted San Pablo Park Neighborhood! Brimming with classic charm and modern updates, this turnkey property features rich hardwood floors, plush carpeting, double-pane windows, fresh interior paint, and contemporary fixtures throughout. The heart of the main home is a seamless, open-concept living space where the living room flows effortlessly into the dining area and a gourmet kitchen. The kitchen boasts stainless steel appliances, gorgeous granite countertops, classic shaker-style cabinetry, and a convenient breakfast bar. Designed for ultimate comfort, every room feels like a primary bedroom, offering exceptional space and ample closet space. Don't miss the fully independent ADU. Featuring its own private entrance, a full kitchen, dedicated laundry, and a beautifully appointed bathroom, this space is perfect for multi-generational living, long-term guests, or rental income. Boasting a Walk Score of 88 and a Bike Score of 90, this home places you just minutes from Berkeley's premier dining, local shopping, vibrant parks, and commuter lines. The property also features a solid Home Energy Score of 5. This rare, dual-unit gem is transparently priced, offering a straightforward opportunity for savvy buyers. It is a true must-see! Schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 2,720 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 4.0 | 2.2 |
| Square foot | 1,654 | 1,939.842 |
| Lot Size | 2,720 | 5,015.791 |
| Price | $1.25M | $1.78M |
| Price per sq ft | $756 | $1.0K |
| Built year | 1910 | 1925 |
| HOA | $0 | $443 |
| Days on market | 23 | 32 |
Pricing History
Listed for Sale
Oct 23, 2026
$1,250,000
$999,000
+25% Price Increase
Initial Listing
Price Change
Oct 1, 2026
$999,000
Initial Listing