$1,625,000
$15M PRICE DROP

1718 Bancroft Way Berkeley, CA 94703

Downtown Berkeley Neighborhood

Estimated payment $10,483/month

Total Views 4,134
-- Bed
-- Bath
5,207 Sq Ft
$312 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • 4-minute walk to Becky Temko Tot Park
  • Washington Elementary School Rated A
  • Heating System Uses Natural Gas

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.

Listing Agent

Elic Suazo

Red Oak Realty License #01751791 Listed on: 06/10/2025

Red Oak Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,891

Lot Details

  • 4,494 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Linoleum

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5519085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,891

Lot Details

0

Listing Details

  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Directions: Bancroft Way & Roosevelt
  • Garage Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Linoleum, Carpet, Wood
  • Appliances: Dryer, Washer, Gas Water Heater

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4494
  • Parcel Number: 5519085

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $1,625,000 -4.4% $312 / Sq Ft
05/07/2025 05/07/25 For Sale $1,700,000 -- $326 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $420,000 Commercial
Closed $250,000 Unknown
Closed $105,000 Commercial
Source: Public Records

Source: bridgeMLS

MLS Number: 41100908

bridgeMLS

APN: 055-1908-005-00

California Alameda County Berkeley 94703 Downtown Berkeley

1718 Bancroft Way, Berkeley, CA

This home is located at 1718 Bancroft Way, Berkeley, CA 94703 and is currently priced at $1,625,000, approximately $312 per square foot. 1718 Bancroft Way is a home located in Alameda County with nearby schools including Washington Elementary School, Berkeley Arts Magnet at Whittier School, and Oxford Elementary School.

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.

bridgeMLS 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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Elic Suazo
Listing Agent
Elic Suazo
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Red Oak Realty
(415) 225-6095