2 months on rocket

2005 Berkeley Way, Berkeley, CA, 94704

$2,380,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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2005 Berkeley Way, Berkeley$2,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1955
HeatingWall Furnace
CoolingNone
MLS #41073440
Lot Size0.14 Acres
StatusActive

About 2005 Berkeley Way

Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.

Property Details

Property Features

Property Information:

  • Year Built: 1955

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Washer

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North Berkeley Cross Street: Milvia Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,380,000

Tax Information:

  • Annual Amount: $31,794
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Berkeley, CA.

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Berkeley, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$905

Avg. Days On Market

19

# of Sold Homes

66

2005 Berkeley Way vs Berkeley

68 DAYS ON ROCKET

+49 Days

$2,380,000

+$980K More

KEY TAKEAWAY

This property is $980K more than the Median Sold Price in Berkeley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41073440

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 1995Home Sold
$292,000
May 05, 1989Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
2021$31,794$2,203,251
2020$31,794$2,180,678
2019$30,148$2,137,920
2018$9,185$2,096,000
2017$9,185$417,953

History based on county public records data.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,202

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1257566
9
/10

  • Berkeley Arts Magnet at Whittier (BAM)

  • 1645 Milvia St

  • 0.27 miles

  • Public Magnet Grades KG-5

school-card-donut-1257567
6
/10

  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-1257568
8
/10

  • Ruth Acty Elementary School

  • 1400 Ada St

  • 0.88 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,045. Typical income of Berkeley, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2005 Berkeley Way

What is the listing price of this property?

The listing price of 2005 Berkeley Way property is $2,380,000.

What type of property is this?

The property 2005 Berkeley Way is a house located in Berkeley, California, 94704.

Is this property for sale now?

Active Listing: 2005 Berkeley Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $31,794 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 1995 for $292,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2005 Berkeley Way is 1955.

Rocket Homes›California›Alameda County›Berkeley›94704›2005 Berkeley Way

This home is located at 2005 Berkeley Way in Berkeley, CA and zip code 94704 in the North Berkeley neighborhood. This home, which was built in 1955, sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $2,380,000.

While more than 54 listings in Berkeley, CA in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. The number of homes for sale in Berkeley, CA increased by 2.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 19 days, the median list price was $1,400,000.

From Rocket Homes Real Estate and based on county public records data.

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