641 641 Alvarado Rd, Berkeley, California 94705, Berkeley, 94705 - 5 bed, 4 bath
641 641 Alvarado Rd
Berkeley, California 94705
Property Price
SUMMARY
Analysis of 641 641 Alvarado Rd, Berkeley, California 94705 reveals a Fairly Priced Property with a current list price of $2,495,000 aligned with the estimated $2,422,825 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 641 641 Alvarado Rd Subject | $2,495,000* List Price | 5 | 4 | 2,467 | $982 | - |
A 252 The Uplands Sold | $2,405,000 | 3 | 3 | 2,395 | $1,004 | 0.3 mi |
B 260 Alvarado Rd Pending | $2,150,000 List Price | 4 | 3 | 2,607 | $825 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1912, this property has undergone an extensive and high-end renovation within the last 5 years, bringing it to current quality standards. The kitchen is fully modernized with premium stainless steel appliances (including a Wolf range), contemporary cabinetry, and stone countertops. Bathrooms have been completely updated with designer tile work, modern vanities, and new fixtures. The interior features pristine refinished hardwood floors, updated windows and doors, and modern light fixtures throughout. With a newer roof and well-maintained systems, the property shows no signs of deferred maintenance and offers a perfect blend of historic character and new-construction quality.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11600, living area = 2467.
- Renovated Historic Character
This 1912 estate perfectly balances timeless architectural charm with extensive modern upgrades, including a remodeled kitchen, updated baths, and a newer roof and windows.
- Income-Generating Potential
The property includes a fully equipped lower-level in-law suite with a private entrance, bedroom, and kitchen, offering excellent versatility for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2467, other record living area = 2156.
- Unique Access Constraints
The reliance on a private tram for primary access, while architecturally unique, may pose long-term maintenance costs and accessibility challenges for some buyers.
- Limited Usable Flat Land
While the lot exceeds 11,000 square feet, the steep hillside topography likely restricts the amount of level outdoor space available for traditional yard use or recreation.
About 641 641 Alvarado Rd
Rare opportunity to own a historic hillside property just moments from the vibrant Elmwood District, College Avenue and Cal Berkeley, and just above the renowned Claremont Resort and Club. Believed to be the first home built on this coveted stretch of Alvarado in 1912, this extensively updated residence—including updated windows, doors, roof, kitchen and baths—showcases timeless character, breathtaking views, and exceptional versatility. The main home features 4 bedrooms and 2.5 baths across the first two levels. Spacious living areas include a grand living room with an expansive picture window framing magnificent outlooks, a formal dining room, and an additional sitting room ideal for flexible living. The lower-level in-law unit includes 1 bedroom, 1 full bath, a private living room, and an efficiency kitchen, offering excellent potential for guests, extended family, or income. Set on a beautiful 11,000+ lot, the home is uniquely accessed via a private tram, offering both convenience and a distinctive architectural experience. With easy ride-share access and a premier East Bay hillside location, this is a stunning and truly special property. Two Car Carport.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 11,600 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Berkeley Unified Schools
John Muir Elementary School
Grades K-5 • 0.4 mi
Kaiser Elementary School
Grades K-5 • 0.5 mi
Chabot Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 2,467 | 2,528 | 48% |
| Lot Size | 11,600 | 6,324 | 79% |
| Price | $2.50M | $2.31M | 62% |
| Price per sq ft | $1.0K | $927 | 62% |
| Built year | 1912 | 1922 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 164 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,495,000
Initial Listing
Sold
Jun 5, 2009
$957,000
Public Record