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1167 Grizzly Peak Blvd
Score
72
Berkeley, CA

1167 Grizzly Peak Blvd

995K
2 bd • 2 ba • 1,660 sf

This analysis was generated on 3/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$995,000

Price/Sq.Ft

$599

Year Built

1940

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Floors: Classic and durable flooring, adds approximately $5,000 in value • Black Framed Windows and Doors: Modern and stylish, enhances natural light, adds approximately $8,000 in value • Updated Kitchen: Modern appliances and finishes, adds approximately $12,000 in value • Vaulted Ceilings • Updated Kitchen Appliances • Outdoor Deck • Landscaped Yard • Price Position: The property is listed at $599.40 per square foot. Without comparable sales data, it's difficult to assess whether this is a competitive price. • Appreciation Trend: The property sold for $1,250,000 in 2022, a 25.6% increase from its previous listing price. However, it is now listed at $995,000, a 20.4% decrease from its 2022 sale price. • Investment Opportunity: After $10,000 in renovations, potential $20,000 equity gain (200.0% ROI) • Rental Income: $3,550/month with 99% occupancy (0.0% cap rate) • Schools: Good school ratings (7/10 and 8/10) contribute a moderate premium to property values. Homes in this area may command a 4-6% higher price compared to similar properties in areas with lower-rated schools. • Safety: While violent crime is lower than state and national averages, property crime is significantly higher. Robbery, burglary, and motor vehicle theft are all substantially elevated compared to state and national figures. • Future Development: No specific major developments are currently planned that would directly impact this property. The proximity to UC Berkeley suggests ongoing smaller-scale developments and renovations in the surrounding area. • Good natural light in the living areas due to large windows and doors. Kitchen and dining area also have ample light. • Functional layout with good flow between living spaces. Kitchen is conveniently located near the dining area. Outdoor deck extends living space.
Hardwood Floors

Hardwood Floors

Classic and durable flooring, adds approximately $5,000 in value

Black Framed Windows and Doors

Black Framed Windows and Doors

Modern and stylish, enhances natural light, adds approximately $8,000 in value

Updated Kitchen

Updated Kitchen

Modern appliances and finishes, adds approximately $12,000 in value

The Bad

• Bathroom Renovation (MEDIUM priority): $10,000 • Berkeley's high property crime rate (196.8% above the national average) may deter some buyers. • The property's age (built in 1940) may require ongoing maintenance and potential upgrades. • Fluctuations in interest rates could impact buyer affordability and demand.

The Ugly

No critical issues identified
Outdated Bathroom

Outdated Bathroom

Bathroom is outdated with pink tile and older fixtures.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $42,600 with 99% occupancy rate Value Investors: Projected 12.6% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $10,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$201,099

Property History

Price History
Ownership Timeline
$1,250,000Financed
May 13, 2022
Alcharse LlcMykyta Yarovoi, Lesia Parkhomenko
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 31, 2020
2014 Kira Wattenburg King The Kira WattenburgAlcharse Llc
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jan 31, 2019
Eric John Wattenburg, Kira Wattenburg KingKira Wattenburg King, Kira Wattenburg King Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Aug 1, 2018
Carol Marie Wattenburg, Cb99 TrustWillard H Wattenburg, Whw 2012 Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Dec 12, 2014
Willard Harvey WattenburgWillard H Wattenburg, Cb99 Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$17,805
2024 Tax Assessment
6.8%from previous year
Assessed Value$1,235,000
Tax Rate1.44%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Details about nearby schools in this area

Financials

Monthly Costs
Market Rent (2 bed)

$3,550

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$995,000
Price/sqft
$599
Layout
2 bd2 ba
Days on market
14 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,580,000

37.0%

Your price is 37.0% below average

Median Price

$1,640,000

39.3%

Based on 6 recent sales

Price per Sq.Ft

$988

39.3%

Your price is 39.3% below average $/sqft

Comparable Properties

1279 Grizzly Peak, Berkeley, CA 94708
Price: $1,430,000
Sq.Ft: 1,538
Beds/Baths: 2/2
$/Sq.Ft:
$93055.1%
Sale Date: 3/10/2025
663 Grizzly Peak Blvd, Berkeley, CA 94708
Price: $1,350,000
Sq.Ft: 1,664
Beds/Baths: 3/2
$/Sq.Ft:
$81135.4%
Sale Date: 1/16/2025
717 Hilldale Ave, Berkeley, CA 94708
Price: $1,850,000
Sq.Ft: 1,876
Beds/Baths: 3/2
$/Sq.Ft:
$98664.5%
Sale Date: 2/26/2025
2026 Eunice St, Berkeley, CA 94709
Price: $1,650,000
Sq.Ft: 1,471
Beds/Baths: 3/2
$/Sq.Ft:
$1,12287.1%
Sale Date: 2/19/2025
1032 Keith Avenue, Berkeley, CA 94708
Price: $1,640,000
Sq.Ft: 1,554
Beds/Baths: 3/2
$/Sq.Ft:
$1,05576.1%
Sale Date: 1/16/2025
740 Keeler Ave, Berkeley, CA 94708
Price: $1,560,000
Sq.Ft: 1,526
Beds/Baths: 3/2
$/Sq.Ft:
$1,02270.6%
Sale Date: 1/16/2025

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