2 months on rocket

2238 Roosevelt Ave, Berkeley, CA, 94703

$1,747,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2238 Roosevelt Ave, Berkeley$1,747,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1924
HeatingWall Furnace
CoolingOther
MLS #41050897
Lot Size0.15 Acres
StatusActive

About 2238 Roosevelt Ave

Nestled in the heart of Berkeley with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility to suit various needs. Situated just minutes away from shopping, restaurants, the Berkeley Marina, hiking trails, parks, and convenient freeway access, residents will enjoy the vibrant lifestyle that Berkeley has to offer. This property's central location not only provides easy access to amenities and outdoor recreational activities but also positions it as an attractive investment opportunity in one of Berkeley's most sought-after neighborhoods. Whether you're looking to revitalize it for rental income or envisioning it as your next renovation project, this Berkeley gem invites you to bring your vision to life and make the most of its potential in this dynamic city.

Property Details

Property Features

Property Information:

  • Year Built: 1924

Listing Office:

  • Office Name: Cal Bay Realty, Inc.
  • Office Phone: (510) 335-9095
  • Listing Agent: Daniel Donate

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Other

Other

Directions Information:

  • Directions: Bancroft Way/Roosevelt Cross Street: Bancroft Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,747,000

Tax Information:

  • Annual Amount: $6,593
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Berkeley, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$879

Avg. Days On Market

18

# of Sold Homes

47

2238 Roosevelt Ave vs Berkeley

63 DAYS ON ROCKET

+45 Days

$1,747,000

+$359K More

KEY TAKEAWAY

This property is $359K more than the Median Sold Price in Berkeley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41050897

Listing Office:

  • Office Name: Cal Bay Realty, Inc.
  • Office Phone: (510) 335-9095
  • Listing Agent: Daniel Donate

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 2021Home Sold
$1,100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,593$102,150
2020$6,593$101,103
2019$5,746$99,120
2018$5,396$97,177
2017$5,396$95,272

History based on county public records data.

Payment Calculator

$8,787

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,304

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2164273
6
/10
  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-2164274
8
/10
  • Berkeley Arts Magnet At Whittier

  • 1645 Milvia St

  • 0.75 miles

  • Public Magnet Grades KG-5

school-card-donut-2164275
8
/10
  • Jefferson Elementary School

  • 1400 Ada St

  • 0.97 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,325. Most Berkeley, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2238 Roosevelt Ave

What is the listing price of this property?

The listing price of 2238 Roosevelt Ave property is $1,747,000.

What type of property is this?

The property 2238 Roosevelt Ave is a house located in Berkeley, California, 94703.

Is this property for sale now?

Active Listing: 2238 Roosevelt Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,593 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 27, 2021 for $1,100,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2238 Roosevelt Ave is 1924.

Rocket HomesCaliforniaAlameda CountyBerkeley947032238 Roosevelt Ave

This home is located at 2238 Roosevelt Ave in Berkeley, CA and zip code 94703 in the Central Berkeley neighborhood. This home, which was built in 1924, sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $1,747,000.

Berkeley, CA housing market in March 2024 saw over 34 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. The inventory of homes for sale in Berkeley, CA between February 2024 and March 2024 increased by 32.7%. While the average time on the market in March 2024 was 18 days, the median list price was $1,388,000.

From Rocket Homes Real Estate and based on county public records data.

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