About this home

Rare investment opportunity on iconic College Avenue in Berkeley. This expansive single-family property features specialized use potential and flexible living configurations ideal for investors, owner-occupants, or income-focused buyers. The main level offers five bedrooms, two bathrooms, oversized living spaces, basement access. Two rooms share access to a private patio deck, creating additional outdoor appeal. Additional bedrooms - six located on the upper level - along with two kitchens, two bathrooms, and attic access, offering versatile occupancy and layout possibilities. The property also features an attached art studio with a private entrance and dedicated bathroom. Currently operated in a manner similar to single-room occupancy (SRO) use, the property presents multiple potential income-producing opportunities, subject to buyer verification and local regulations. Possible uses may include owner-occupancy with supplemental rental income or maximizing rental potential across multiple sections. Conveniently located near shops, dining, transit, and neighborhood amenities, this property offers strong long-term investment potential. Property could benefit from and may require updates and improvements, providing an opportunity to increase ROI. Buyer to investigate and verify permit status, bedroom and bathroom count, and square footage of all living areas to their satisfaction.Buyer to verify current occupancy, rents, tenancy, lease, and expenses to their satisfaction. Property is exempt from BESO as an REO per BESO. Pending exemption certificate.

Facts and features

Schools

• Willard Middle School

  middle · 6-8 · 0.3 mi

  10

• Berkeley High School

  high · 9-12 · 1.0 mi

  9

• Malcolm X Elementary School

  elementary · K-5 · 1.3 mi

  8

• Maybeck High School

  high · 9-12 · 0.1 mi

• Berkeley Rose Waldorf School

  elementary · 1-8 · 0.2 mi

• East Bay School for Girls

  elementary · K-5 · 0.2 mi

Price history

• Sep 22, 2026 · Price Changed$1,799,950
• Jul 28, 2026 · Price Changed$1,899,950
• Jun 27, 2026 · Price Changed$1,999,950
• May 21, 2026 · Listed$2,099,000
• Sep 25, 2025 · Listing Removed—
• Aug 26, 2025 · Listed For Rent$1,500
• May 16, 2025 · Listing Removed—
• Apr 16, 2025 · Listed For Rent$1,500

Tax history

• 2025$50,293 tax · $1,932,104 assessed
• 2024$41,714 tax · $1,894,234 assessed
• 2023$32,702 tax · $1,820,700 assessed
• 2022$28,467 tax · $1,785,000 assessed
• 2021$25,575 tax · $1,513,600 assessed
• 2020$19,379 tax · $1,112,857 assessed
• 2019$18,389 tax · $1,091,045 assessed
• 2018$18,039 tax · $1,069,661 assessed

Home value

$1,980,000

• Collateral Analytics$1,980,000
• Quantarium$1,852,816

Where it is