1245 Berkeley Way Berkeley, CA 94702
Fourth Street-Berkeley Marina Neighborhood
2
Beds
4
Baths
2,429
Sq Ft
7,879
Sq Ft Lot
Highlights
- Updated Kitchen
- 0.18 Acre Lot
- No HOA
- Rosa Parks Elementary School Rated A
- Wood Flooring
- Detached Garage
About This Home
As of August 2020Travel seven minutes by bicycle to the west, and you’ll find yourself at Berkeley’s beautiful waterfront—seven minutes to the east, and you’ll arrive at prestigious UC Berkeley. Such access to amazing amenities in an urban setting is hard to find, and it’s one of the many things that make 1245 Berkeley Way so special. This 4-unit (2, 1BR and 2 Studios, all with updated kitchens and bathrooms) investment opportunity sits on an impressive 7,900 square-foot lot that features verdant, mature landscaping as well as a 2-car garage that’s ripe for AUD redevelopment. The building is currently leased to four, quality tenants, grossing the current owners $10,000 per month in revenue. Should any of these tenants move out though, close proximity to popular grocery stores (Trader Joe’s), major retailers (Target), essential public transit (North Berkeley BART), and entertaining nightlife mean any future vacancies will be short lived.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,319
Year Built
- Built in 1898
Lot Details
- 7,879 Sq Ft Lot
- Rectangular Lot
- Back Yard
Home Design
- Quadruplex
- Wood Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Parking
- Detached Garage
- Parking Lot
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Additional Features
- Updated Kitchen
- Laundry in unit
Community Details
- No Home Owners Association
- 2,429 Sq Ft Building
- Bridge Aor Association
Listing and Financial Details
- Assessor Parcel Number 57208116
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,610,000 | -- | -- |
| 02/04/2025 02/04/25 | Off Market | $1,690,000 | -- | -- |
| 08/31/2020 08/31/20 | Sold | $1,690,000 | -0.6% | $696 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | For Sale | $1,700,000 | +5.6% | $700 / Sq Ft |
| 08/07/2017 08/07/17 | Sold | $1,610,000 | +15.4% | $623 / Sq Ft |
| 07/08/2017 07/08/17 | Pending | -- | -- | -- |
| 06/20/2017 06/20/17 | For Sale | $1,395,000 | -- | $540 / Sq Ft |
Source: bridgeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $29,319 | $1,793,427 | $538,028 | $1,255,399 |
| 2023 | $28,494 | $1,758,275 | $527,482 | $1,230,793 |
| 2022 | $27,773 | $1,723,800 | $517,140 | $1,206,660 |
| 2021 | $29,648 | $1,690,000 | $507,000 | $1,183,000 |
| 2020 | $26,589 | $1,675,044 | $520,200 | $1,154,844 |
| 2019 | $25,723 | $1,642,200 | $510,000 | $1,132,200 |
| 2018 | $25,278 | $1,610,000 | $500,000 | $1,110,000 |
| 2017 | $5,999 | $68,236 | $54,082 | $14,154 |
| 2016 | $5,549 | $66,897 | $53,021 | $13,876 |
| 2015 | $5,415 | $65,893 | $52,225 | $13,668 |
| 2014 | $5,301 | $64,602 | $51,202 | $13,400 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $845,000 | New Conventional | |
| Previous Owner | $1,090,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,690,000 | Fidelity National Title Co | |
| Grant Deed | $1,610,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Home in Berkeley, CA
Source: bridgeMLS
MLS Number: 40912938
APN: 057-2081-016-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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