10 photos · MLS data verified October 9, 2026 · Updated every 15 min
$1,198,000
Active
0 Beds·0 Baths·2,352 sqft·5,400 sqft lot·Built 1942
2429 San Pablo Ave, Berkeley, CA 94702
Listed 4 days ago · | MLS# ML82063628
$509/sqft
2429 San Pablo Ave is a home in Berkeley 94702 with 2,352 square feet of living space, built in 1942. It is listed at $1,198,000, or $509 per square foot.
Est. $7,726/moP&I $6,216 · Tax $1,248 · Insurance $262 · HOA $0Assumes 20% down ($239,600) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use a property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
5Active in Berkeley
3.0 moInventory
Why This Home Stands Out
🏠
2,352 sqft
Built in 1942.
⚡
Just Listed, 4 Days on Market
Early showings often see the most competition.
Best fit forActive BuyersBerkeley SearchersMove-Up / Move-In
About 2429 San Pablo Ave
Four-Unit Value-Add Opportunity in Berkeleys West Berkeley Corridor! This uniform four-unit multifamily asset has four 1-bedroom, 1-bathroom apartments at 588 SF each (2,352 SF total) on a 0.12-acre lot, with four dedicated surface parking spaces. Three of the four units are leased (75% occupied), and the vacant unit lets a buyer set it at the $2,500 market rent on day one. In-place rents average ~$2,357 per unit, about 6% below market. In-place NOI of ~$69.6K (5.81% cap, 10.59 GRM) grows to a projected ~$76.3K stabilized NOI (6.37% pro forma cap, 9.98 GRM) as the building leases up and rents reach market. Electric and gas are individually metered, keeping owner-paid utilities low. Located along San Pablo Avenue, one of the East Bays most established residential and commercial corridors, near UC Berkeley, regional transit, and local dining and retail. Zoned C-W (West Berkeley Commercial). Priced at $1,198,000 ($299,500/unit, $509/SF).
MLS ID #ML82063628, Eymon Binesh. Listing provided by Marcus & Millichap · MLSListings Inc.
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Property Details for 2429 San Pablo Ave
Overview
- Property Type
- Fourplex
- Year Built
- 1942
- Stories
- 2
- Bathrooms
- 0 Full
- Living Area
- 2,352 sqft
- Lot Size
- 5,400 sqft (0.12 acres)
- Price/sqft
- $509
- Status
- Active
Interior
- Heating
- Gas
- Cooling
- None
Exterior and Parking
- Roof
- Rolled hot mop
- Foundation
- Concrete perimeter
- Zoning
- C-W
Community and HOA
- Utilities
- Public, Water public
- County
- Alameda
- City
- Berkeley
Schools
- School District
- Berkeley Unified
- Berkeley Schools
- View Berkeley schools
Listing
- MLS Number
- ML82063628
- Listed
- October 5, 2026
- Days on Market
- 4
- Listing Agent
- Eymon Binesh
- Listing Brokerage
- Marcus & Millichap
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
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📄Berkeley Market ReportFree 9-page PDF with bedroom breakdowns, comp data and pricing trends, updated monthly.Email Me the Report →📋Berkeley Buyer BriefA personalized brief with comp data, offer strategy and neighborhood context.Email Me the Report →🎯Berkeley Offer StrategyComp analysis and bid recommendations before you write an offer on this home.Email Me the Report →
Location
2429 San Pablo Ave, Berkeley, CA 94702 · Alameda County
Market Context
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Get My Offer Range →Frequently Asked Questions
Listed at $1,198,000 ($509/sqft).
Listed October 5, 2026. That is 4 days on market as of October 9, 2026.
Est. $7,726/mo with 20% down ($239,600) at 6.75%. That is principal and interest $6,216, property tax $1,248 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 5 active listings in Berkeley.
Yes. As of October 9, 2026, 2429 San Pablo Ave is an active listing at $1,198,000.
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Timothy Alston
Broker · DRE# 01328224 · Over 23 Years Experience
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Listed 4 days ago.
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Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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