2935 2935 Florence, Berkeley, California 94705, Berkeley, 94705 - 0 bed, 0 bath
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Berkeley, California 94705
This Versatile Residential Income Triplex is listed at $1,875,000, representing a stable acquisition priced accurately to its $1,870,202 Fair Market Value. The 1912 estate features a classic main home with a Refreshed Kitchen, Hardwood Floors, and a Private Patio, alongside a separate duplex for immediate rental income. Maintaining a Good Condition Rating, the property is situated in the prestigious Elmwood district near Top-Rated Schools like Willard Middle and Berkeley High. This is a strategic asset for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2935 2935 Florence Subject | $1,875,000* List Price | 0 | 0 | 3,176 | $589 | - |
A 2417 Webster St Sold | $1,775,000 | 0 | 0 | 0 | 0.1 mi | |
B 2923 Wheeler Street Active | $1,495,000 List Price | 0 | 0 | 2,819 | $530 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and demonstrates pride of ownership with a blend of historic 1912 charm and modern updates. The kitchen has been refreshed with painted cabinetry and stainless steel appliances, and the bathrooms appear updated and clean. Featuring hardwood floors, updated light fixtures, and a newly landscaped yard, the home is well-maintained with no immediate renovations required, fitting the 'good' criteria for its age and renovation history.
This rare triplex configuration, featuring a classic main home plus a separate duplex, provides exceptional versatility for rental income, house-hacking, or multi-generational living in a high-demand rental market.
Boasting a high walkability score, the property is ideally situated near College Avenue shops, Whole Foods, and Ashby BART, ensuring strong long-term appreciation and tenant desirability.
The 1912 main residence successfully blends original Berkeley character, such as floor-to-ceiling windows and period built-ins, with modern essentials like a refreshed kitchen and stainless steel appliances.
The corner location near Ashby Avenue, a major Berkeley thoroughfare, may result in increased ambient street noise and higher traffic volume compared to mid-block properties.
Housing three distinct units on a 4,500-square-foot lot results in limited private outdoor space and may create privacy challenges between the main house and the duplex occupants.
Rare Elmwood opportunity at 2935 Florence Street — classic Berkeley home plus duplex on a shared lot. Corner location near Ashby Ave, just moments to College Avenue shops, restaurants, and Whole Foods. Main home features original details with modern updates, expansive light-filled living room with near floor-to-ceiling windows and brick fireplace, dining area with French doors to private porch, refreshed kitchen with painted cabinetry and stainless steel appliances, lower-level powder room, and newly landscaped fenced yard. Upstairs offers three spacious bedrooms and a shared bath. Duplex includes two similar one-bedroom, one-bath units with bright living rooms, hardwood floors, and period built-ins — ideal for rental income or extended family. Close to Alta Bates, Telegraph Ave, and under one mile to Ashby BART.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 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 | 3,176 | 2,057 | 80% |
| Lot Size | 4,500 | 5,044 | 40% |
| Price | $1.88M | $1.77M | 80% |
| Price per sq ft | $590 | $486 | 60% |
| Built year | 1912 | 1912 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 210 | 20% |
Feb 19, 2026
$1,875,000
Initial Listing
Jan 12, 2023
$1,675,000
Public Record