OFF MARKET

Off market aug 2020 for $1.6M

$1,655,826

Est. refi paymentEst. refi $7,735/mo

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•

— ba

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sq ft

1245 Berkeley Way, Berkeley, CA 94702

About this home

Travel seven minutes by bicycle to the west, and you’ll find yourself at Berkeley’s beautiful waterfront—seven minutes to the east, and you’ll arrive at prestigious UC Berkeley. Such access to amazing amenities in an urban setting is hard to find, and it’s one of the many things that make 1245 Berkeley Way so special. This 4-unit (2, 1BR and 2 Studios, all with updated kitchens and bathrooms) investment opportunity sits on an impressive 7,900 square-foot lot that features verdant, mature landscaping as well as a 2-car garage that’s ripe for AUD redevelopment. The building is currently leased to four, quality tenants, grossing the current owners $10,000 per month in revenue. Should any of these tenants move out though, close proximity to popular grocery stores (Trader Joe’s), major retailers (Target), essential public transit (North Berkeley BART), and entertaining nightlife mean any future vacancies will be short lived.

Multi-familyProperty Type

1898Year Built

7,879 sq ftLot Size

Listed by JOEY WANG •DRE #01890931 • KELLER WILLIAMS REALTY

Bought with ALEX MICHAS •DRE #01942824 • Golden Gate Sothebys International Realty

Redfin checked: a few seconds ago

•Source:Greater Lansing AoR #40912938

Listing provided courtesy of Greater Lansing AoR

Redfin Estimate

$1,655,826

$34K since sold in August 2020$35K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.2% higher than the average sale price ($1.40M) of 6 comparable homes.

SOLD OCT 6, 2026
$740,000
A
4 beds3 baths2,244 sq ft
2221 - 2223 San Pablo Ave, Berkeley, CA 94702
SOLD SEP 18, 2026
$1,265,000
B
5 beds3 baths1,957 sq ft
1152 Francisco St, Berkeley, CA 94702
SOLD AUG 21, 2026
$1,355,946
C
4 beds3 baths2,380 sq ft
1616 Francisco St, Berkeley, CA 94703
SOLD SEP 22, 2026
$1,000,000
D
4 beds2 baths1,332 sq ft
2013 9th St, Berkeley, CA 94710
SOLD OCT 6, 2026
$2,050,000
E
3 beds2 baths1,489 sq ft
2129 Roosevelt Ave, Berkeley, CA 94703
SOLD OCT 16, 2026
$1,995,000
F
4 beds2 baths1,741 sq ft
1700 Francisco St, Berkeley, CA 94703

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Earn from this home

Sell

$381,895

Est. take-home

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Refinance

Est. cash available

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Market trends in 94702, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

124.8%

3.9% MoM

Median sale price

$1.2M

$352 MoM

Avg. days on market

16d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN SUN, 1PM TO 4PM
$1,449,888
8 beds5 baths3,791 sq ft
1213-1215 Carrison St, Berkeley, CA 94702
OPEN SUN, 12PM TO 3PM
$1,250,000
3 beds2 baths1,723 sq ft
1413 Harmon St, Berkeley, CA 94702
OPEN SUN, 2PM TO 5PM
$824,000
2 beds2 baths900 sq ft
1324 Burnett, Berkeley, CA 94702
OPEN SUN, 2PM TO 4PM
$979,000
2 beds1.5 baths1,315 sq ft
1555 Acton St, Berkeley, CA 94702
See all

Provided by Redfin

Sale history for 1245 Berkeley Way

Date

Event

Price

APPFOLIO #2

Jun 12, 2025

Rental Removed

$2,750

May 20, 2025

Listed for Rent

$2,750

Apr 18, 2024

Rental Removed

$2,750

Apr 10, 2024

Listed for Rent

$2,750

APPFOLIO #1

Apr 10, 2024

Rental Removed

$2,750

Mar 26, 2024

Listed for Rent

$2,750

Greater Lansing AoR #40912938

Aug 31, 2020

Sold

$1,690,000

Jul 17, 2020

Listed

$1,700,000

bridgeMLS, Bay East AOR, or Contra Costa AOR #40786276

Aug 9, 2017

Listing Removed

—

Aug 7, 2017

Sold

$1,610,000

Jun 20, 2017

Listed

$1,395,000

SDMLS #301752436

Aug 7, 2017

Sold

$1,610,000

Jun 20, 2017

Listed

$1,395,000

Year

Property tax

Land + Additions

Assessment*

2025

$31,945 (+9.0%)

$559,758 + $1,306,102

$1,865,860

2024

$29,319 (+2.9%)

$548,786 + $1,280,502

$1,829,288

2023

$28,494 (+2.6%)

$538,028 + $1,255,399

$1,793,427

2022

$27,773 (−6.3%)

$517,140 + $1,206,660

$1,723,800

2021

$29,648 (+11.5%)

$517,140 + $1,206,660

$1,723,800

2020

$26,589 (+3.4%)

$507,000 + $1,183,000

$1,690,000

2019

$25,723 (+1.8%)

$520,200 + $1,154,844

$1,675,044

2018

$25,278 (+321.3%)

$510,000 + $1,132,200

$1,642,200

2017

$5,999 (+8.1%)

$54,082 + $14,154

$68,236

2016

$5,549 (+2.5%)

$54,082 + $14,154

$68,236

2015

$5,415 (+2.2%)

$53,021 + $13,876

$66,897

2014

$5,300 (+8.4%)

$51,202 + $13,400

$64,602

2013

$4,891 (+3.1%)

$51,202 + $13,400

$64,602

2012

$4,746 (+3.4%)

$50,971 + $13,340

$64,311

2011

$4,591 (+1.3%)

$49,971 + $13,078

$63,049

2010

$4,535 (+0.8%)

$48,992 + $12,822

$61,814

2009

$4,498 (+13.0%)

$48,625 + $12,726

$61,351

2008

$3,981

$48,741 + $12,756

$61,497

Tax history for 1245 Berkeley Way

Year

Property tax

Land + Additions

Assessment*

2025

$31,945 (+9.0%)

$559,758 + $1,306,102

$1,865,860

2024

$29,319 (+2.9%)

$548,786 + $1,280,502

$1,829,288

2023

$28,494 (+2.6%)

$538,028 + $1,255,399

$1,793,427

2022

$27,773 (−6.3%)

$517,140 + $1,206,660

$1,723,800

2021

$29,648 (+11.5%)

$517,140 + $1,206,660

$1,723,800

2020

$26,589 (+3.4%)

$507,000 + $1,183,000

$1,690,000

2019

$25,723 (+1.8%)

$520,200 + $1,154,844

$1,675,044

2018

$25,278 (+321.3%)

$510,000 + $1,132,200

$1,642,200

2017

$5,999 (+8.1%)

$54,082 + $14,154

$68,236

2016

$5,549 (+2.5%)

$54,082 + $14,154

$68,236

2015

$5,415 (+2.2%)

$53,021 + $13,876

$66,897

2014

$5,300 (+8.4%)

$51,202 + $13,400

$64,602

2013

$4,891 (+3.1%)

$51,202 + $13,400

$64,602

2012

$4,746 (+3.4%)

$50,971 + $13,340

$64,311

2011

$4,591 (+1.3%)

$49,971 + $13,078

$63,049

2010

$4,535 (+0.8%)

$48,992 + $12,822

$61,814

2009

$4,498 (+13.0%)

$48,625 + $12,726

$61,351

2008

$3,981

$48,741 + $12,756

$61,497

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,879 Sq. Ft.

Year renovated

1950

Sq. Ft.

2,585

Year built

1898

Style

Multi-Family (2-4 Unit)

County

Alameda County

APN

057 208101600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

R-2A

Restricted Multiple-Family Residential District

The purpose of the Restricted Multiple-Family Residential (R-2A) district is to: Implement the General Plan by encouraging the development of medium-density residential areas characterized by small multiple-family and garden-type apartment structures with a maximum of open space consistent with this type of development; Make available housing for persons who desire apartment-type accommodations with a maximum of open space; Protect adjacent properties from unreasonable obstruction of light and air; and permit only land use intensity which is compatible with existing low-density residential structures and is not detrimental to the immediate neighborhood.

Permitted uses

Include but are not limited to:

Agriculture-Other
Housing-Other
Park & open space

Mar 5, 2024 • Final

Minor

Remove and replace a gas water heater in the laundry room.

Plumbing

Water heater

Sep 19, 2023 • Final

Minor

Remove and replace a tankless gas water heater on a building.

Gas

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking & Garage Information
Parking Features: Garage

Interior

Heating & Cooling
Heating: Natural Gas, Wall Furnace
Has Heating: Yes

Interior Features
Flooring: Tile, Wood

Multi-Unit Information
# of Units Total: 4
Tenant Pays: Gas

Exterior

Exterior Features
Lot Features: Back Yard
Roof: Shingle

Property Information
Year Built: 1898

Lot Information
Lot Size Acres: 0.18
Lot Size Area: 7879.0
Lot Size Square Feet: 7879.0
Lot Size Units: Square Feet

Location

Location Information
Directions: Chestnut and Berkeley Way Cross Street: Chestnut St.

Public facts

Beds: 2
Baths: 4.0
Sq. Ft.: 2,585
Stories: 2.0
Lot Size: 7,879 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1898
Year Renovated: 1950
County: Alameda County
APN: 057 208101600

Home facts updated by county records on Sep 16, 2026

Other

Miscellaneous Information
Construction Materials: Wood Siding

Around this home

Schools

K - 12
Preschool & daycare

Oxford Elementary School

Public K-5 • Assigned • 0.1mi

9/10

Martin Luther King Middle School

Public 6-8 • Assigned • 0.9mi

9/10

Berkeley High School

Public 9-12 • Assigned • 0.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 82° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

16 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Berkeley, CA • 94702

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 5 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.57M – $1.91M

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New listings for sale in 94702

OPEN SUN, 1PM TO 4PM

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1213-1215 Carrison St, Berkeley, CA 94702

Updated kitchen • Flex room • Rental income

OPEN SUN, 12PM TO 3PM

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OPEN SUN, 2PM TO 5PM

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OPEN SUN, 2PM TO 4PM

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Fenced backyard • Spacious deck • Masonry fireplace

Home values near 1245 Berkeley Way

Data from public records.

Address	Redfin Estimate
1281 Berkeley Way, Berkeley, CA 4 Beds \| 2.5 Baths \| 1814 Sq. Ft.	$1,275,360
1265 Berkeley Way, Berkeley, CA 2 Beds \| 1 Baths \| 1093 Sq. Ft.	$717,462
1275 Berkeley Way, Berkeley, CA 3 Beds \| 3 Baths \| 1737 Sq. Ft.	$1,502,554
1914 Chestnut Street, Berkeley, CA 2 Beds \| 1 Baths \| 987 Sq. Ft.	$1,280,557
1955 Chestnut Street, Berkeley, CA 24 Beds \| 24 Baths \| 16536 Sq. Ft.	$3,681,168
1912 Chestnut Street, Berkeley, CA 2 Beds \| 1 Baths \| 1031 Sq. Ft.	$1,124,637
1910 Chestnut Street, Berkeley, CA 2 Beds \| 1 Baths \| 987 Sq. Ft.	$1,202,649

Address	Redfin Estimate
1287 Berkeley Way, Berkeley, CA 2 Beds \| 1 Baths \| 1054 Sq. Ft.	$1,128,289
1285 Berkeley Way, Berkeley, CA 4 Beds \| 3 Baths \| 3605 Sq. Ft.	$1,088,667
1913 Chestnut Street, Berkeley, CA 2 Beds \| 1 Baths \| 978 Sq. Ft.	$1,034,514
1284 Hearst Avenue, Berkeley, CA 4 Beds \| 2 Baths \| 1766 Sq. Ft.	$1,017,938
1905 Chestnut Street, Berkeley, CA 2 Beds \| 1.5 Baths \| 1052 Sq. Ft.	$1,118,674
1274 Hearst Avenue, Berkeley, CA 2 Beds \| 1 Baths \| 938 Sq. Ft.	$1,087,265
1906 Chestnut Street, Berkeley, CA 3 Beds \| 2 Baths \| 1606 Sq. Ft.	$1,295,564

Address	Redfin Estimate
1239 Berkeley Way, Berkeley, CA 4 Beds \| 2 Baths \| 2784 Sq. Ft.	$1,401,269
1246 Berkeley Way, Berkeley, CA - Beds \| - Baths \| 5975 Sq. Ft.	—
1282 Hearst Avenue, Berkeley, CA 3 Beds \| 2 Baths \| 1426 Sq. Ft.	$1,660,651
1270 Hearst Avenue, Berkeley, CA 3 Beds \| 2 Baths \| 1932 Sq. Ft.	$1,815,678
1901 Chestnut Street, Berkeley, CA 3 Beds \| 2 Baths \| 1376 Sq. Ft.	$1,065,979
1951 Chestnut Street, Berkeley, CA - Beds \| 36 Baths \| 17555 Sq. Ft.	—
1907 Chestnut Street, Berkeley, CA 3 Beds \| 3 Baths \| 1647 Sq. Ft.	$1,178,717

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 94702, CA

Sale history for 1245 Berkeley Way

Tax history for 1245 Berkeley Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94702

Home values near 1245 Berkeley Way

More real estate resources