2926 Ellis St, Berkeley, California 94703, Berkeley, 94703 - 3 bed, 1 bath
2926 Ellis St
Berkeley, California 94703
Property Price
SUMMARY
Analysis of 2926 Ellis St, Berkeley, California 94703 reveals a property with a current list price of $1,000,000, which is 8% above the estimated $917,519 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
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 | $638 | - |
A 1922 Woolsey St Sold | $1,025,000 | 3 | 1 | 1,193 | $859 | 0.3 mi |
B 1538 Ashby Sold | $755,000 | 3 | 2 | 1,228 | $615 | 0.2 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 1611 Julia St Sold | $930,000 | 4 | 2 | 1,536 | $605 | 0.2 mi |
F 2946 Harper St Sold | $1,145,000 | 4 | 2 | 1,892 | $605 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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 The description and property analysis highlight 'outdated systems & age-related concerns' and a 'limited bathroom count' (one for three bedrooms).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.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location & Walkability
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.
- Classic Craftsman Architecture
Features authentic Craftsman bungalow architecture with original period charm, character, and natural light, providing a strong foundation for restoration.
- Spacious & Private Outdoor Space
Boasts a nice-sized backyard, rare for the area, offering ample room for gardening, entertaining, or expansion, complemented by mature greenery for privacy.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
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.
- Outdated Systems & Age-Related Concerns
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.
- Limited Bathroom Count
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.
About 2926 Ellis St
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 4,560 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Berkeley Unified Schools
Malcolm X Elementary School
Grades K-5 • 0.2 mi
Leconte Elementary School
Grades K-5 • 0.6 mi
Sankofa Academy
Grades PK-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,438 | 1,398 | 51% |
| Lot Size | 4,560 | 4,880 | 41% |
| Price | $1.00M | $1.33M | 30% |
| Price per sq ft | $695 | $822 | 27% |
| Built year | 1907 | 1914 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 162 | 32% |
Pricing History
Listed for Sale
Nov 12, 2025
$1,000,000
Initial Listing