1535 Ashby Ave, Berkeley, CA 94703
BERKELEY · Alameda County
Key Facts
Description
Attention developers, investors, contractors, and owner-users. Rare Berkeley development opportunity on Ashby Avenue near Sacramento Street. This offering includes two contiguous parcels to be sold together: APNs 53-1611-09 and 53-1611-10. Each parcel is approximately 5,400 sq ft, for a combined total of approximately 10,800 sq ft of land. (The combined lot sq ft was shown in property information.) The list price reflects the combined price for both parcels. The property includes a vacant lot APN 53-1611-10 — see MLS #41135931, and a former office building with an additional structure APN 53-1611-09 -- this MLS. Both parcels have not been in use for many years, creating an opportunity for redevelopment, repositioning, or future planning. Located within the City of Berkeley’s R-2A Middle Housing zoning district, the property may offer potential for multi-unit residential development. Buyer to verify all zoning, allowable use, development potential, and requirements directly with the City of Berkeley. The location provides convenient access to major corridors and transit, including approximately 0.5 miles to Ashby BART, 1.2 miles to the I-80/580 Ashby Avenue entrance, and about 2 miles to UC Berkeley, with nearby access to neighborhood amenities. A rare opportunity to acquire contiguous Berkeley parcels in a supply-constrained market and consider the next chapter for this site. Property to be sold in its present “as-is” condition. Both parcels must be conveyed together.
Property Information
Property Type
Commercial Sale
Sub-Type
Industrial
Living Area
1,963 sq ft
Lot Size
0.24 acres
Zoning
R-2A
Days on Market
22
MLS® Listing#
41135928
Property Features
Parking
Lot Features
Construction
Financial Details
HOA
None
Parcel Number
5316119
Affordability Calculator
$250,000
Estimated monthly payment
$6,653/mo
Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Berkeley, CA
- $1,000,000
- Median Listing Price
- 35
- Median Days on Market
- 1,583
- Median Sq Ft
- $680
- Median Price / Sq Ft
- 268
- Active Listings
- This home’s price is 25% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Berkeley, CA.
Location
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Points of Interest in Berkeley, CA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1406 San Pablo Ave, Berkeley, CA | $879,000 | 2 | 2 | 1,150 |
| 1406 San Pablo Ave A, Berkeley, CA | $879,000 | 2 | 2 | 1,150 |
| 2841 7th Street, Berkeley, CA | $879,000 | 2 | 2 | 1,627 |
| 2841 7th Street, Berkeley, CA | $879,000 | 2 | 2 | 1,627 |
| 1515 Blake St, Berkeley, CA | $899,000 | 3 | — | 1,768 |
| 3207-3213 Ellis St, Berkeley, CA | $899,000 | 4 | — | 1,760 |
Moving Cost Estimate
EXIT Agents in Berkeley
Listing Courtesy: Bay Area Modern Real Estate - 5108420757
Presented by: Hiroko Tsumori
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.