
Berkeley, California 94702
This Dual-Dwelling Residential Asset is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $1,104,346 Fair Market Value by 18%. This valuation gap offers $205,346 in Instant Equity. Featuring a Condition Rating of 3, the property includes a 2008 foundation retrofit and a detached income-generating cottage. Its prime location near Berkeley Bowl West and San Pablo Park ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2756 Acton St Subject 0 bd · 0 ba · 1,630 sqft · $678 | $899,000* List Price | 0 | 0 | 1,630 | $678 | - |
A 1241 Ashby Ave Sold 7 bd · 3 ba · 1,986 sqft · $529 · 0.3 mi | $1,050,000 | 7 | 3 | 1,986 | $529 | 0.3 mi |
B 2840 Stanton St Pending 2 bd · 2 ba · 1,466 sqft · $631 · 0.1 mi | $925,000 List Price | 2 | 2 | 1,466 | $631 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent significant renovations in 2008 (approximately 18 years ago), including updates to the kitchen, bathrooms, electrical system, roof, and foundation. While the renovations are nearing the 20-year mark, the home appears well-maintained, functional, and move-in ready with preserved character and updated systems.
The property features two homes on a single lot, including a detached income-generating cottage, offering excellent flexibility for rental revenue or multigenerational living.
Major updates performed in 2008, including a foundation retrofit, electrical system overhaul, and roof replacement, provide peace of mind and reduce immediate maintenance costs.
Situated in a highly desirable Berkeley neighborhood near San Pablo Park and Berkeley Bowl West, the property offers exceptional access to local culinary landmarks and community amenities.
With two separate dwellings situated on a 3,500-square-foot lot, the property offers minimal private yard space and close proximity between the front and rear units.
The Building Emissions Saving Ordinance (BESO) scores indicate potential needs for energy efficiency improvements, particularly for the rear cottage which scored an 8.5.
A fantastic opportunity to own two homes on one lot in a great Berkeley location, just blocks from San Pablo Park! The charming and spacious front home offers 3 bedrooms, 2 bathrooms, and a large basement with plenty of room for storage, a workshop, or a creative maker space. Updates in 2008 include the roof, kitchen, bathrooms, electrical system, and foundation retrofit. Tucked away at the rear of the property is a charming, detached cottage*, currently generating rental income.** Whether you're looking for a home with supplemental income, a multigenerational living opportunity, or a smart investment, this property offers flexibility and value. This location is accessible to what foodies dream of: Café Bolita, Third Culture Bakery, Tanzie’s, and blocks to Berkeley Bowl West. Every want for communal living. Open Sunday 2-4. Back unit shown to those with agent confirmation. Building Emissions Saving Ordinance (BESO): Home Energy Score of 5 for Front House, 8 for Rear House. *,**Buyer to investigate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.2 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,630 | 1,939.842 |
| Lot Size | 3,500 | 5,015.791 |
| Price | $899.0K | $1.78M |
| Price per sq ft | $552 | $1.0K |
| Built year | 1927 | 1925 |
| HOA | $0 | $443 |
| Days on market | 10 | 32 |
Oct 14, 2026
$899,000
Initial Listing
May 19, 2008
$351,000
Public Record
Jun 10, 2005
$640,000
Public Record
Jul 12, 2004
$231,500
Public Record
Jan 23, 2003
$375,000
Public Record