Home » Real Estate » CA » Berkeley » 94702 » 1365 Neilson St, Berkeley, CA, 94702
$945,000

1365 Neilson St, Berkeley, CA, 94702

2 Beds
2 Baths
1,312 Square Feet
Rare opportunity to redevelop special 1940s Westbrae property in prime location. Transparent price, with below-market owner financing available. Property is entitled with a grandfathered permit for 13kw solar system with higher NEM 2 rates! Home is currently gutted to the walls and subfloor, & ready to be reimagined and rebuilt to your taste. Easy access to North Berkeley BART, Monterey Market, Whole Foods, Westbrae Biergarten, Berkeley Horticultural Nursery, Acme Bakery, GIOIA pizzeria, coffeehouses, bike stores, bagel stores, community gardens, sports courts, parks and much more. Home is currently laid out as legal duplex, consisting of two mirror-image 1/br/1ba units, attached back-to-back, well suited to be remodeled for owner occupancy. Two free-standing 10x18 garages on the spacious lot provide additional options for flexible uses or further ADU or other development. This former rental has been removed from the Berkeley rental market, and thus is subject to rental restrictions per applicable Berkeley municipal code.
Offered By
HOMECOIN.COM

Property Details

Property Type Residential
Status Active
Bedrooms 2
Bathrooms (Full) 2
Property Sub Type Single Family Residence
Square Feet 1,312
MLS # 41058450

Market Trends

New Properties On Market
5
150% Increase In New Listings
Average Asking Price
$1,306,980
$574,980 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$819
$194 Increase In List Price/Sq. Ft.
Data as of May 18, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.


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Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). 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. Properties may or may not be listed by the office/agent presenting the information.
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). 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. Properties may or may not be listed by the office/agent presenting the information.