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Off market
  • $1,992,100

    2924 Florence St, Berkeley, CA 94705

    8beds
    4baths
    3,598sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $1,992,100 Zestimate®
    $554/sqft
    $4,561 Estimated rent

    Home value

    $1,992,100

    $1.75M - $2.27M

    $4,561/mo

    Zestimate® history
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    Owner options

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    $4,561/mo

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    $4,561/mo

    Rent Zestimate®

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    $12,685/mo

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    $12,685/mo

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    What's special

    ON THE MARKET FOR THE FIRST TIME OVER 20 YEARS! Tremendous opportunity to own an investment property in desirable Claremont Elmwood area. Claremont Hotel and Club is a few blocks away. Alta Bates Hospital is one block away. Restaurants and shops on College Ave is within walking distance. Great location: Within one mile from Rockridge and Ashby BART, Berkeley Bowl, Whole Foods, and UC Berkeley Campus. Significant upside on rents. All rents are below market. Buyout opportunity to make this building the primary residence.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,598 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Stucco
    Lot
    • Size: 5,980 Square Feet
    • Features: Level
    Details
    • Parcel number: 5215727

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    Condition
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Berkeley

    Financial & listing details

    • Price per square foot: $554/sqft
    • Tax assessed value: $1,753,520
    • Annual tax amount: $29,494
    • Lease term: 12 Months, Month To Month
    • Total actual rent: 598663
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    5/18/2021Sold$1,620,000-4.7%$450/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40938012 Report a problem
    3/10/2021Pending sale$1,699,900$472/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40938012 Report a problem
    3/1/2021Price change$1,699,900-5.6%$472/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40938012 Report a problem
    2/17/2021Listed for sale$1,799,900-7.7%$500/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40938012 Report a problem
    7/16/2020Listing removed$1,950,000$542/sqft
    Source: BING REALTY #40897573 Report a problem
    3/3/2020Listed for sale$1,950,000$542/sqft
    Source: BING REALTY #40897573 Report a problem
    3/17/2012Listing removed$1,600
    Source: JU Property Management Report a problem
    10/3/2011Price change$1,600+6.7%
    Source: JU Property Management Report a problem
    9/30/2011Listed for rent$1,500
    Source: JU Property Management Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,494 +21.8%$1,753,520 +16.9%
    2024$24,222 +5.5%$1,500,000 +6.6%
    2023$22,952 -11.1%$1,407,600 -14.8%
    2022$25,832 +167.6%$1,652,400 +413.8%
    2021$9,655 +9.2%$321,595 +1%
    2020$8,841 +8.2%$318,298 +2%
    2019$8,170 -70.5%$312,058 +2%
    2018$27,689 +261.8%$305,941 -74.5%
    2017$7,653 +6.3%$1,200,000 +308.1%
    2016$7,197 +1.8%$294,061 +1.5%
    2015$7,070 -1.2%$289,646 +2%
    2014$7,156 $283,974 +0.5%
    2013-- $282,692 +2%
    2012-- $277,148 +2%
    2011-- $271,716 +0.8%
    2010-- $269,685 -0.2%
    2009-- $270,327 +2%
    2008-- $265,027 +2%
    2007-- $259,831 +2%
    2006-- $254,738 +2%
    2005-- $249,743 +2%
    2004-- $244,847 +1.9%
    2003-- $240,360 +2%
    2002-- $235,649 +2%
    2001$4,863 $231,027
    Find assessor info on the county website

    Neighborhood: Elmwood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Berkeley (510) 644-6315

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,992,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,992,100