OFF MARKET

Off Market Aug 2020 for $1.6M

$1,926,584

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

•

4 ba

•

2,429

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

$793Est. Price/Sq.Ft.

1 car garageParking

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:bridgeMLS, Bay East AOR, or Contra Costa AOR #40912938

Redfin Estimate

$1,926,584

$237K since sold in August 2020$328K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.5% higher than the average sale price ($1.47M) of 6 comparable homes.

SOLD JUL 27, 2026
$1,875,000
A
3 beds2 baths1,776 sq ft
1009 Addison St, Berkeley, CA 94710
SOLD AUG 21, 2026
$1,355,946
B
4 beds3 baths2,380 sq ft
1616 Francisco St, Berkeley, CA 94703
SOLD JUL 31, 2026
$1,917,838
C
3 beds2 baths1,420 sq ft
1646 10th St, Berkeley, CA 94710
SOLD MAY 22, 2026
$810,000
D
2 beds2 baths1,956 sq ft
940 Delaware St, Berkeley, CA 94710
SOLD JUL 31, 2026
$1,150,000
E
3 beds1 bath1,440 sq ft
1613 Kains, Berkeley, CA 94702
SOLD MAR 25, 2026
$1,685,000
F
4 beds2 baths2,636 sq ft
2231 Byron St, Berkeley, CA 94702

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Earn from this home

Sell

$633,438

Est. take-home

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Refinance

Est. cash available

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Market trends in 94702, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

130.0%

2.4% MoM

Median sale price

$1.2M

$16K MoM

Avg. days on market

13d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN TODAY, 11AM TO 2PM
$849,000
2 beds2 baths900 sq ft
1324 Burnett, Berkeley, CA 94702
OPEN TODAY, 2PM TO 4PM
$1,495,000
4 beds2.5 baths2,753 sq ft
1220 Channing Way, Berkeley, CA 94702
OPEN TODAY, 2PM TO 4PM
$1,840,000
4 beds3.5 baths2,332 sq ft
2619 Mathews St, Berkeley, CA 94702
OPEN TODAY, 1PM TO 3:30PM
$1,098,000
4 beds3 baths2,404 sq ft
1269 Hopkins St, Berkeley, CA 94702
OPEN TODAY, 1PM TO 3:30PM
$1,098,000
4 beds3 baths2,404 sq ft
1265 Hopkins St, Berkeley, CA 94702
$799,000
4 beds3 baths2,244 sq ft
2221 - 2223 San Pablo Ave, Berkeley, CA 94702
OPEN TODAY, 2PM TO 4PM
$1,125,000
4 beds3.5 baths2,052 sq ft
1106 Russell St, Berkeley, CA 94702
OPEN TODAY, 1PM TO 3PM
$1,095,000
— beds— baths2,390 sq ft
1226 Haskell 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

$1/sq ft

May 20, 2025

Listed for Rent

$2,750

$1/sq ft

Apr 18, 2024

Rental Removed

$2,750

$1/sq ft

Apr 10, 2024

Listed for Rent

$2,750

$1/sq ft

APPFOLIO #1

Apr 10, 2024

Rental Removed

$2,750

$1/sq ft

Mar 26, 2024

Listed for Rent

$2,750

$1/sq ft

bridgeMLS, Bay East AOR, or Contra Costa AOR #40912938

Aug 31, 2020

Sold

$1,690,000

$696/sq ft

Aug 31, 2020

Sold

$1,690,000

$696/sq ft

Aug 5, 2020

Pending

—

Jul 17, 2020

Listed

$1,700,000

$700/sq ft

Jul 17, 2020

Listed

$1,700,000

$700/sq ft

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

Aug 9, 2017

Listing Removed

—

Aug 7, 2017

Sold

$1,610,000

$663/sq ft

Aug 7, 2017

Sold

$1,610,000

$663/sq ft

Jul 9, 2017

Pending

—

Jun 20, 2017

Listed

$1,395,000

$574/sq ft

Jun 20, 2017

Listed

$1,395,000

$574/sq ft

+25

Rare Berkeley fourplex with updated plumbing, electric, kitchens & baths – and delivered vacant! Close to BART, Transbay Express bus, UC Berkeley, parks & newly-expanded 4th Street shopping district. Oversize level lot with gardens, parking, and expansion potential. Separate metering for gas & electric, & branched water lines ready for private sub-meters. Sewer lateral compliant. A special property!

SDMLS #301752436

Aug 7, 2017

Sold

$1,610,000

$663/sq ft

Jun 20, 2017

Listed

$1,395,000

$574/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$31,945 (+9.0%)

$548,786 + $1,280,502

$1,829,288

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%)

$548,786 + $1,280,502

$1,829,288

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 Jul 28, 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 Information
Total # of Parking Spaces: 5
Parking Features: Detached, Parking Lot

Interior

Interior Features
Interior Features: Updated Baths, Updated Kitchen
Laundry Features: In Unit
Flooring: Hardwood, Tile

Unit 1 Information
Unit 1 # of Bathrooms: 1

Unit 2 Information
Unit 2 # of Bathrooms: 1

Unit 3 Information
Unit 3 # of Bathrooms: 1

Unit 4 Information
Unit 4 # of Bathrooms: 1

Multi-Unit Information
Number Of Units Total: 4

Exterior

Building Information
Construction Materials: Wood Siding
Building Area Total: 2,429

Exterior Features
Exterior Features: Back Yard

Property Information
Living Area: 2429
Living Area Units: Square Feet
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1898

Lot Information
Lot Size Square Feet: 7879
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Features: Regular

Utilities

Utility Information
Separate Meter: Electric, Gas

Heating & Cooling
Has Heating
Heating: Natural Gas, Wall Furnace
Cooling: No Air Conditioning

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 Jul 28, 2026

Around this home

Schools

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

$1.83M – $2.22M

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OPEN TODAY, 1PM TO 3:30PM

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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.	$1,189,979
1239 Berkeley Way, Berkeley, CA 4 Beds \| 4 Baths \| 4894 Sq. Ft.	$1,601,379

Address	Redfin Estimate
1295 Berkeley Way, Berkeley, CA 2 Beds \| 1 Baths \| 1011 Sq. Ft.	$1,217,052
1265 Berkeley Way, Berkeley, CA 2 Beds \| 1 Baths \| 1093 Sq. Ft.	$780,107

Address	Redfin Estimate
1287 Berkeley Way, Berkeley, CA 2 Beds \| 1 Baths \| 1054 Sq. Ft.	$1,116,373
1285 Berkeley Way, Berkeley, CA 4 Beds \| 3 Baths \| 3605 Sq. Ft.	$1,290,880

Property information provided by undefined .

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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