$1,050,000
SOLD DEC 16, 2024

2304 Roosevelt Ave Berkeley, CA 94703

Downtown Berkeley Neighborhood
4 Beds
4 Baths
2,292 Sq Ft
4,200 Sq Ft Lot

Recently Sold

$458 Per Sq Ft

6% Above List Price

21 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Hot Water Heating System
  • Washington Elementary School Rated A
  • Garden
  • 3-minute walk to Becky Temko Tot Park

About This Home

As of December 2024

To access the marketing package, copy/paste: Seated in the neighborhood of Central Berkeley and only six blocks from the UC Berkeley campus, 2304 Roosevelt Avenue is an investment opportunity that’s too lucrative to ignore. With four 1BR/1BA units, three garages, and a rear yard that’s dripping with ADU potential, there are no shortage of ways for this property to generate strong monthly cash flow. Speaking of cash, three units will be delivered occupied providing the new owners with an immediate source of income, while the fourth unit will be delivered renovated and ready to rent. Offered at $995,000, this is an unbeatable fourplex (especially for a first-time investor) in a high-demand location near popular commercial streets (Shattuck Avenue, Telegraph Avenue), stable employers (Alta Bates Medical Center, Berkeley City Hall), great public transportation (BART), anchor retail (Trader Joe’s, Berkeley Bowl) and one of the best colleges on the planet.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 10/23/2024

Keller Williams Realty

Last Buyer's Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 10/23/2024

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 1924

Lot Details

  • 4,200 Sq Ft Lot
  • Garden
  • Front Yard

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Shingle Roof
  • Shingle Siding
  • Metal Construction or Metal Frame
  • Asphalt
  • Stucco

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5519086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,240

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: East on Bancroft Way, right on Roosevelt Ave
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Total Bedrooms: 4
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Front Yard, Garden
  • Construction Type: Metal, Stucco, Frame, Asphalt, Shingles

Garage/Parking

  • Parking Features: Garage, Off Street, Side Yard Access, Uncovered Park Spaces 2+

Utilities

  • Heating: Floor Furnace, Wall Furnace, Hot Water
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4200
  • Parcel Number: 5519086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 9, 2024
Sold by
Brar Anantvir
Bought by
Fnu Jasanpreet
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
139
Current Estimated Value
$1,085,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,574
Avg. Annual Appreciation
6.49%
Original Mortgage
$840,000
Outstanding Balance
$837,066
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$248,508

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 6, 2024
Sold by
Mary Elizabeth Wright Mish Declaration O and Wright Peter T
Bought by
Samra Manpreet and Jasanpreet Fnu
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$837,066
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$248,508
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title Compan
Grant Deed $1,050,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $995,000 -- --
12/16/2024 12/16/24 Sold $1,050,000 +5.5% $458 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $995,000 -- $434 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

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 $5,240 $82,480 $53,730 $28,750
2023 $5,089 $80,862 $52,676 $28,186
2022 $4,905 $79,276 $51,643 $27,633
2021 $4,850 $77,723 $50,631 $27,092
2020 $4,374 $76,926 $50,112 $26,814
2019 $3,962 $75,417 $49,129 $26,288
2018 $3,843 $73,939 $48,166 $25,773
2017 $3,660 $72,488 $47,221 $25,267
2016 $3,381 $71,068 $46,296 $24,772
2015 $3,315 $70,000 $45,600 $24,400
2014 $3,497 $68,629 $44,707 $23,922
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2024

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    7 in this area

    139 Total Sales

    Joey Wang
    Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 41077214

bridgeMLS

APN: 055-1908-006-00

California Alameda County Berkeley 94703 Downtown Berkeley

2304 Roosevelt Ave, Berkeley, CA

This home is located at 2304 Roosevelt Ave, Berkeley, CA 94703 and is currently priced at $1,050,000, approximately $458 per square foot. This property was built in 1924. 2304 Roosevelt Ave 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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