2535 Hillegass Ave Berkeley, CA 94704
Elmwood NeighborhoodEstimated payment $16,249/month
Highlights
- No HOA
- Fireplace
- Heating Available
- Emerson Elementary School Rated A
- Cooling Available
About This Home
Showing on Saturday May 10th, 11:00AM-12:30PM. 2535 Hillegass Ave in Berkeley, CA. This South of Campus UC Berkeley property comprises 11 separate rentals across three buildings: a large single family home, a two story cottage, and a cabin. An Owner Occupant can live in the house or the cottage and receive significant rental income from the other units. Amenities include shared laundry facilities and off-street parking for additional rental income. Each building is separately metered for PG&E and billed separately for water, with current tenants covering all utilities to help reduce operating expenses for future owners. The well-maintained building boasts several updates, including a seismic retrofit, exterior drywall replacement, and upgraded electrical systems. It also features a large backyard with plenty of space for adding an ADU or exploring other value-add opportunities. Situated in a prime location in South Berkeley, the property is just a short walk from UC Berkeley and the vibrant coffee shops, restaurants, and transportation options in Downtown Berkeley.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,992
Year Built
- Built in 1900
Lot Details
- 7,974 Sq Ft Lot
Interior Spaces
- 2-Story Property
- Fireplace
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Bridge Aor Association
- South Campus Subdivision
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 | $16,992 | $807,551 | $244,365 | $570,186 |
| 2023 | $16,593 | $798,581 | $239,574 | $559,007 |
| 2022 | $16,187 | $775,925 | $234,877 | $548,048 |
| 2021 | $16,155 | $760,577 | $230,273 | $537,304 |
| 2020 | $15,010 | $759,707 | $227,912 | $531,795 |
| 2019 | $14,118 | $744,814 | $223,444 | $521,370 |
| 2018 | $13,819 | $730,211 | $219,063 | $511,148 |
| 2017 | $13,318 | $715,897 | $214,769 | $501,128 |
| 2016 | $12,700 | $701,862 | $210,558 | $491,304 |
| 2015 | $12,503 | $691,320 | $207,396 | $483,924 |
| 2014 | $12,556 | $677,778 | $203,333 | $474,445 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Price Changed | $2,795,000 | 0.0% | $685 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $2,795,000 | -3.5% | $685 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $2,895,000 | 0.0% | $709 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $2,895,000 | -- | $709 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $340,000 | Placer Title Company | |
| Grant Deed | $190,000 | Placer Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $586,000 | New Conventional | |
| Closed | $657,000 | New Conventional | |
| Closed | $220,000 | Credit Line Revolving | |
| Closed | $266,500 | Credit Line Revolving | |
| Closed | $593,000 | Unknown | |
| Closed | $57,000 | Credit Line Revolving | |
| Closed | $200,000 | Stand Alone Second | |
| Closed | $175,000 | Stand Alone Second | |
| Closed | $424,000 | No Value Available | |
| Closed | $19,000 | Purchase Money Mortgage | |
| Closed | $34,000 | No Value Available |
Source: bridgeMLS
MLS Number: 41090232
APN: 055-1843-019-00
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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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