1718 Bancroft Way Berkeley, CA 94703
Downtown Berkeley NeighborhoodEstimated payment $10,513/month
Highlights
- Wood Flooring
- Corner Lot
- Laundry Facilities
- Washington Elementary School Rated A
- No HOA
- 4-minute walk to Becky Temko Tot Park
About This Home
Discover this unique mixed-use property located in the heart of Berkeley. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level and three commercial/retail spaces at street level. The vacant residential unit is a 1-bedroom, 1-bathroom space with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are vacant commercial spaces, offering unique convenience for this considering potential construction or a build-out. The second level also features two tenant-occupied and pleasant 1-bedroom units. The vacant commercial spaces have storefront facades, high ceilings, and natural light. Two adjacent commercial units on Roosevelt Avenue share a bathroom and kitchenette with internal access, allowing for consolidation. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s. Minutes from downtown Berkeley.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,891
Lot Details
- 4,494 Sq Ft Lot
- Corner Lot
Parking
- Parking Lot
Home Design
- Stucco
Flooring
- Wood
- Carpet
- Linoleum
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 5519085
Community Details
Overview
- No Home Owners Association
- 5,207 Sq Ft Building
- Bridge Aor Association
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,891 | $645,844 | $152,963 | $492,881 |
| 2023 | $17,453 | $633,182 | $149,964 | $483,218 |
| 2022 | $20,226 | $620,768 | $147,024 | $473,744 |
| 2021 | $18,120 | $608,596 | $144,141 | $464,455 |
| 2020 | $17,876 | $602,356 | $142,663 | $459,693 |
| 2019 | $19,308 | $590,546 | $139,866 | $450,680 |
| 2018 | $15,607 | $578,968 | $137,124 | $441,844 |
| 2017 | $14,579 | $567,616 | $134,435 | $433,181 |
| 2016 | $16,189 | $556,490 | $131,800 | $424,690 |
| 2015 | $15,918 | $548,134 | $129,821 | $418,313 |
| 2014 | $15,514 | $537,398 | $127,278 | $410,120 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $1,700,000 | -- | $326 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $420,000 | Commercial | |
| Closed | $250,000 | Unknown | |
| Closed | $105,000 | Commercial |
Source: bridgeMLS
MLS Number: 41096404
APN: 055-1908-005-00
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