
Berkeley, California 94707
This Spanish Revival Residence is a High-Potential Investment Opportunity, listed at $1,349,000—positioned well below the $1,518,462 Fair Market Value by 11%. This valuation gap provides $169,462 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features San Francisco Bay views, high-end Bosch appliances, and an expansive 10,620 SQFT private park lot. Located near top-rated schools like Berkeley High, it perfectly balances architectural charm with significant equity upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 491 Vincente Avenue Subject | $1,349,000* List Price | 3 | 2 | 1,898 | $800 | - |
A 74 Florida Avenue Sold | $1,300,000 | 4 | 3 | 1,796 | $724 | 0.6 mi |
B 58 Arlington Ave Sold | $1,700,000 | 4 | 2 | 1,842 | $923 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1928 Spanish Revival is move-in ready and has been well-maintained with significant modern updates. The kitchen features high-end Bosch and Miele appliances, and the home includes a new electrical panel and EV charger wiring. While it retains vintage architectural details like beamed ceilings and a period fireplace, the interior finishes, hardwood floors, and updated systems place it firmly in the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10620, living area = 1898.
This 1928 Spanish Revival home features rich period details including beamed ceilings and a vintage fireplace, paired with desirable views of the San Francisco Bay.
The massive 10,620 SQFT lot functions as a private park with mature oaks, ancient boulders, and a footbridge, offering a rare level of outdoor space and privacy for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1898, other record living area = 1667.
The property has an Energy Assessment score of 4, indicating that the 1920s structure may require additional investments in insulation or modern systems to improve efficiency.
With only a one-car detached garage, the off-street parking may be insufficient for modern multi-vehicle households.
Tucked away in Berkeley’s coveted Thousand Oaks neighborhood, this architecturally rich and playful 3+BD/2BA Spanish Revival embraces natural beauty, beginning with an outdoor seating area bordered by one of Berkeley’s classic glacial erratics. The 1898 SQFT home opens to a cozy living room with San Francisco Bay views, beamed ceiling, vintage fireplace, and hardwood floors throughout. A wrought iron bannister leads to the bright dining room and adjacent kitchen with Bosch and Miele appliances, plus laundry with new W/D. Upstairs bedrooms feature high ceilings and French doors opening to a deck and an untouched, oversized backyard. The yard is a massive private park with mature oaks, a footbridge, ancient boulders, and fruit trees. The upper level includes a full bath and flexible room with built-ins for office or play. Downstairs offers another flexible space with exterior access and a sunny bedroom with ensuite bath. Upgrades include new electrical panel and EV charger wiring. A one car detached garage ensures off-street parking. Ideally situated near Solano Ave, Colusa Circle, parks, and Thousand Oaks Elementary. Energy Assessment score: 4
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,898 | 2,042 | 40% |
| Lot Size | 10,620 | 5,775 | 89% |
| Price | $1.35M | $1.75M | 15% |
| Price per sq ft | $711 | $908 | 19% |
| Built year | 1928 | 1925 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 161 | 2% |
Apr 8, 2026
$1,349,000
Initial Listing