$250,000
SOLD SEP 3, 2025

2945 Otis St Berkeley, CA 94703

South Berkeley Neighborhood
-- Bed
-- Bath
1,509 Sq Ft
1,540 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

17% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • 3-minute walk to Ashby Station
  • Cooling Available
  • Malcolm X Elementary School Rated A
  • No HOA
  • 4-minute walk to Grove Park

About This Home

As of September 2025

CONTRACTOR'S SPECIAL. Single-story 2-unit mixed-use building consisting of one (1) retail storefront (1979 Ashby) and one (1) tenant-occupied 1BD/1BA apartment (2945 Otis). Building square footage is 1,509sf (per tax record), and lot size is 1,540sf (per tax record). Retail unit faces a highly trafficked stretch of Ashby Blvd between Martin Luther King Jr. Way and Adeline St. The property is located directly across the street from Ashby BART Station, which is expected to benefit from several high-density housing projects currently in the planning stages.

Last Agent to Sell the Property

Sara Garabedian

Red Oak Realty License #02034258 Listed on: 08/07/2025

Red Oak Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,623

Year Built

  • Built in 1907

Lot Details

  • 1,540 Sq Ft Lot
  • Corner Lot

Home Design

  • Bitumen Roof
  • Wood Siding

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • South Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53159820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,623

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Subdivision Name: South Berkeley
  • Directions: MLK to Ashby
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Other
  • Other Equipment: None

Exterior Features

  • Roof: Bitumen
  • Lot Features: Corner Lot
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1540
  • Parcel Number: 53159820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Aug 28, 2025
Sold by
Living Trust Of Claus Frank Kroeger and Kruse Connie
Bought by
Otis Street Holdings Llc
Seller's Agent
Sara Garabedian
Red Oak Realty
Buyer's Agent
Sara Garabedian
Red Oak Realty
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Outstanding Balance
$162,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Frank Kroeger Claus Frank and Frank Claus
Bought by
Kroeger Claus Frank and Living Trust Of Frank Claus Kr
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Grant Deed $250,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $250,000 -16.7% $166 / Sq Ft
08/16/2025 08/16/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $300,000 -- $199 / 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
2025 $4,623 $123,464 $30,667 $92,797
2024 $4,623 $121,043 $30,065 $90,978
2023 $4,491 $118,670 $29,476 $89,194
2022 $4,346 $116,343 $28,898 $87,445
2021 $4,297 $114,062 $28,331 $85,731
2020 $3,950 $112,893 $28,041 $84,852
2019 $3,721 $110,679 $27,491 $83,188
2018 $3,618 $108,509 $26,952 $81,557
2017 $3,419 $106,383 $26,424 $79,959
2016 $3,428 $104,297 $25,906 $78,391
2015 $3,363 $102,731 $25,517 $77,214
2014 $3,788 $100,719 $25,017 $75,702
Source: Public Records

Agents Affiliated with this Home

  • Sara Garabedian

    Seller's Agent in 2025

    Sara Garabedian

    Red Oak Realty

    (510) 499-1235

    2 in this area

    77 Total Sales

    Sara Garabedian
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Map

Source: bridgeMLS

MLS Number: 41107456

bridgeMLS

APN: 053-1598-020-00

California Alameda County Berkeley 94703 South Berkeley

2945 Otis St, Berkeley, CA

This home is located at 2945 Otis St, Berkeley, CA 94703 and is currently priced at $250,000, approximately $165 per square foot. This property was built in 1907. 2945 Otis St is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Emerson Elementary School, and John Muir 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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