1167 Grizzly Peak Blvd

• 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.