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1522 Harmon Street, Berkeley, California 94703, Berkeley, - bed, bath

home-pic
ACTIVE$1,938,000
1522 Harmon Street, Berkeley, California 94703
0Bed
0Bath
Sqft
6,750Lot
Year Built
1925
Close
-
List price
$1.94M
Original List price
$1.94M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41109943
Home ConditionGood
Features
Patio
View-

About this home

Exceptional 4-unit property in the heart of Berkeley— an owner/occupier dream or great for an investor. Live in one, rents the others, build wealth, and enjoy all Berkeley has to offer! Two units are leased and income-generating from day one, two units delivered vacant at COE. The triplex includes three well-maintained units: a sunlit 3BD/2BA upper residence with soaring ceilings and formal dining room, plus two lower-level units (3BD/1BA and 2BD/1BA). A lush, shared backyard features a BBQ area, raised garden beds, and vibrant flowers—perfect for relaxation and community. At the rear of the property sits a newly upgraded (like new!), fully permitted 1BD/1BA ADU with a private patio, ideal as an owner’s unit or premium fourth rental. Whether you’re an investor seeking strong cash flow or a buyer looking to live on-site while generating income, this turnkey compound delivers rare versatility. Located near shops, transit, and parks, it combines location, lifestyle, and long-term value. Don’t miss your chance to own this Berkeley gem.

Nearby schools

6/10
Malcolm X Elementary School
Public,•K-5•0.3mi
1/10
Sankofa Academy
Public,•PK-5•0.7mi
8/10
Peralta Elementary School
Public,•K-5•1.0mi
6/10
Leconte Elementary School
Public,•K-5•1.0mi
7/10
Washington Elementary School
Public,•K-5•1.3mi
7/10
Emerson Elementary School
Public,•K-5•1.7mi
6/10
John Muir Elementary School
Public,•K-5•1.8mi
5/10
Oxford Elementary School
Public,•K-5•2.7mi
7/10
Cragmont Elementary School
Public,•K-5•3.1mi
8/10
Willard Middle School
Public,•6-8•1.3mi
6/10
Claremont Middle School
Public,•6-8•1.4mi
7/10
Martin Luther King Middle School
Public,•6-8•2.2mi
2/10
Oakland International High School
Public,•9-12•1.4mi
8/10
Berkeley High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.7mi
2/10
Fremont High
Public,•9-12•6.3mi

Price History

Date
Event
Price
09/01/25
Listing
$1,938,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot00
Lot Size6,7505,748
63%
Price$1.94M$1.27M
75%
Price per square foot$0$0
Built year19259565963
63%
HOA
Days on market65146
13%
Condition Rating
Good
This property, built in 1925, presents a mixed condition. The description highlights a 'newly upgraded (like new!)' ADU, which is reflected in the images showing a modern kitchen with a farmhouse sink, subway tile backsplash, and new appliances, along with a contemporary bathroom. This ADU unit is in excellent condition. The other units, while described as 'well-maintained,' feature older styles. Their kitchens have painted cabinets, older tile flooring, and functional but not new stainless steel appliances. The bathrooms in these units are clean and functional but show dated vanities and tile work. However, the main units also boast well-maintained hardwood floors. Overall, the property is move-in ready with no immediate renovation required, fitting the 'Good' criteria, primarily due to the excellent condition of the ADU and the general upkeep of the other units, despite their older aesthetic.
Pros & Cons

Pros

Exceptional Income Potential & Flexibility: This 4-unit property offers immediate income generation with two units already leased, while two units delivered vacant provide flexibility for owner-occupancy or setting market-rate rents.
Prime Berkeley Location: Situated in the desirable heart of Berkeley, the property benefits from convenient access to local shops, public transit, and parks, enhancing its long-term value and tenant appeal.
Newly Upgraded & Permitted ADU: A 'like new,' fully permitted 1BD/1BA Accessory Dwelling Unit (ADU) with a private patio significantly boosts the property's value, modernization, and rental income potential.
Diverse & Well-Maintained Unit Mix: The triplex features varied unit sizes (3BD/2BA, 3BD/1BA, 2BD/1BA) described as well-maintained, catering to a broad range of potential tenants or owner-occupiers.
Desirable Shared Outdoor Amenities: A lush, shared backyard equipped with a BBQ area and raised garden beds provides an attractive communal space, fostering relaxation and community among residents.

Cons

Age of Property & Potential System Upgrades: Built in 1925, the property may have original or older core systems (plumbing, electrical, foundation) that could require significant capital expenditure or ongoing maintenance, despite the triplex being 'well-maintained'.
Impact of Berkeley Rent Control: As an investment property in Berkeley, it is subject to the city's stringent rent control ordinances, which can limit rental income growth and add complexity to tenant management for the non-vacant units.
Lack of Dedicated Parking: The property description does not mention dedicated parking for any of the four units, which can be a significant inconvenience and a drawback for tenants and owner-occupiers in a dense urban environment like Berkeley.

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