2817 2817 Palm Ct, Berkeley, California 94705, Berkeley, 94705 - 0 bed, 0 bath
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Berkeley, California 94705
This Rare Elmwood Duplex is a premier Residential Income Asset listed at $1,550,000, positioned near its $1,463,656 Fair Market Value. Currently holding a Condition Rating of 4, the property presents a significant Value-Add opportunity for modernization across two 2-bedroom units with a two-car garage. Boasting a 91 Walk Score, the location offers unparalleled access to UC Berkeley, College Avenue, and top-rated schools like Emerson Elementary and Willard Middle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2817 2817 Palm Ct Subject | $1,550,000* List Price | 0 | 0 | 2,380 | $615 | - |
A 2923 Wheeler Street Active | $1,495,000 List Price | 0 | 0 | 2,819 | $530 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951 and on the market for the first time in decades, the property is in functional but dated condition. The kitchens feature older cabinetry and mixed-age appliances, while the bathrooms retain vintage tiling and fixtures. Although the hardwood floors appear well-maintained and the structure seems sound, the lack of recent renovations to major systems, light fixtures, and interior finishes places it firmly in the fair category, requiring cosmetic and functional updates to meet modern standards.
Boasting a Walk Score of 91, this property is situated in one of Berkeley’s most coveted neighborhoods, just steps from the College Avenue corridor, UC Berkeley, and local transit.
This rare duplex features two distinct 2-bedroom, 1-bathroom units with separate addresses, offering an ideal opportunity for high rental yield or a multi-generational living arrangement.
Unlike many properties in high-density Berkeley areas, this duplex includes a dedicated two-car garage, providing essential parking and storage for both units.
Being on the market for the first time in decades suggests the property may require significant cosmetic or structural updates to meet modern standards and maximize market rent.
With a total lot size of approximately 4,140 square feet, the property offers minimal private yard space, which may be a drawback for tenants or owners seeking significant outdoor amenities.
First time on the market in decades. Rare Elmwood Berkeley duplex at 2817 Palm Court with true income in one of Berkeley’s most walk-friendly neighborhoods. Two units with separate addresses 2817 and 2819, each offering 2 bedrooms and 1 bathroom, plus 1 dedicated garage parking space per unit for a total 2 car garage. Approx 2,380 square feet total on an approx 4,140 square foot lot, built in 1951. Ideal for rental income and long-term investment. Prime location near the College Avenue corridor, Elmwood shops, cafes, dining, parks, UC Berkeley, Alta Bates, and BART. Walk Score 91, Transit Score 55, Bike Score 66. A special opportunity to secure a rarely available duplex in 94705.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,380 | 2,057 | 60% |
| Lot Size | 4,140 | 5,044 | 20% |
| Price | $1.55M | $1.55M | 50% |
| Price per sq ft | $651 | $486 | 60% |
| Built year | 1951 | 1915 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 210 | 20% |
Feb 25, 2026
$1,550,000
Initial Listing