2926 Ellis St, Berkeley, California 94703, Berkeley, 94703 - 3 bed, 1 bath
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Berkeley, California 94703
This 1907 Craftsman Bungalow serves as a high-potential Value-Add Asset in South Berkeley, listed at $1,000,000. Although the price sits above the $917,520 Fair Market Value by 8%, the property’s 4,560 sqft lot and proximity to Ashby BART and Berkeley Bowl drive significant long-term value. The home carries a Condition Rating of 5, necessitating an Extensive Renovation to update original systems and the single-bathroom layout. With access to Malcolm X Elementary and top-rated Berkeley High School, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2926 Ellis St Subject | $1,000,000* List Price | 3 | 1 | 1,438 | $618 | - |
A 1538 Ashby Sold | $755,000 | 3 | 2 | 1,228 | $615 | 0.2 mi |
B 1922 Woolsey St Sold | $1,025,000 | 3 | 1 | 1,193 | $859 | 0.3 mi |
C 2910 Martin Luther King Jr Way Sold | $925,000 | 2 | 1 | 1,126 | $821 | 0.1 mi |
D 1812 Woolsey St Sold | $840,000 | 2 | 3 | 1,204 | $698 | 0.3 mi |
E 2946 Harper St Sold | $1,145,000 | 4 | 2 | 1,892 | $605 | 0.1 mi |
F 1530 Stuart St Active | $900,000 List Price | 4 | 3 | 1,680 | $536 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1907, this Craftsman bungalow is explicitly marketed as needing an 'extensive renovation' and a 'new vision' to 'bring it back to life.' The description and property analysis highlight 'outdated systems & age-related concerns' and a 'limited bathroom count' (one for three bedrooms). While the exterior appears intact, the lack of interior photos combined with the strong language indicating a need for substantial rehabilitation points to a property requiring significant investment in repairs and updates to meet modern living standards. It's not a tear-down as the architectural charm and potential for restoration are emphasized, but it's far from move-in ready.
Situated on a quiet, tree-lined street in a highly convenient South Berkeley pocket, offering unbeatable access to Berkeley Bowl, Ashby BART, local cafés, and parks.
Features authentic Craftsman bungalow architecture with original period charm, character, and natural light, providing a strong foundation for restoration.
Boasts a nice-sized backyard, rare for the area, offering ample room for gardening, entertaining, or expansion, complemented by mature greenery for privacy.
The property is explicitly marketed as needing a 'new vision' and significant work to 'restore, reimagine, or bring it back to life,' indicating substantial investment in renovations and updates.
As a 1907 build, the home likely has original or outdated systems (electrical, plumbing, HVAC) and may present common age-related issues such as lead paint or asbestos, requiring further inspection and potential remediation.
With only one bathroom for three bedrooms, the property offers a less desirable bath-to-bed ratio, which may necessitate a costly bathroom addition or reconfiguration to meet modern living standards.
Set on a quiet, tree-lined street in one of South Berkeley’s most convenient pockets, this classic Craftsman bungalow is ready for new vision. Full of character, natural light, and original period charm, the home offers the ideal canvas for someone looking to restore, reimagine, or create their own Berkeley retreat. Outside, a nice-sized backyard provides room to garden, entertain, or expand your outdoor living space—hard to find in this location and full of potential for anyone who wants to design their own oasis. Mature greenery in the front and rear gives the property a natural sense of privacy and charm. The neighborhood is known for its warm community feel and unbeatable access—just minutes to Berkeley Bowl, Ashby BART, cafés, parks, and the vibrant energy that defines Berkeley living. With its authentic Craftsman architecture, great lot, and tremendous upside, 2926 Ellis St is a rare opportunity for buyers, builders, or anyone who loves the beauty of an older home and wants to bring it back to life. A true Berkeley original—ready for your touch.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,438 | 2,200 |
| Lot Size | 4,560 | 5,160 |
| Price | $1.00M | $1.70M |
| Price per sq ft | $695 | $997 |
| Built year | 1907 | 1926 |
| HOA | $0 | $500 |
| Days on market | 252 | 31 |
Nov 12, 2025
$1,000,000
Initial Listing