2 Panoramic Way 302, Berkeley, California 94704, Berkeley, - bed, bath
ACTIVE$599,000
2 Panoramic Way 302, Berkeley, California 94704
1Bed
1Bath
598Sqft
8,093Lot
Year Built
1967
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
-
HOA
$617.12
Days on market
-
Sold On
-
MLS number
25611983
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Rare opportunity to own a top-floor condo in Berkeley's coveted Panoramic Hill neighborhood just a short walk to UC Berkeley and Memorial Stadium. Ideal for investors or owner-occupants, this light-filled 1BD/1BA unit features an updated kitchen and bath with granite countertops, a private balcony surrounded by mature trees, and secure gated parking.Prime location with high rental demand, offering strong income potential. Walking distance to campus, downtown, BART, and hiking trails. Includes on-site laundry and elevator access. A compelling blend of lifestyle and investment.
Nearby schools
7/10
Emerson Elementary School
Public,•K-5•0.5mi
6/10
John Muir Elementary School
Public,•K-5•0.9mi
6/10
Leconte Elementary School
Public,•K-5•1.1mi
7/10
Kaiser Elementary School
Public,•K-5•1.5mi
6/10
Malcolm X Elementary School
Public,•K-5•1.7mi
8/10
Willard Middle School
Public,•6-8•0.8mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Berkeley High School
Public,•9-12•1.2mi
2/10
Oakland International High School
Public,•9-12•2.5mi
7/10
Oakland Technical High School
Public,•9-12•2.6mi
2/10
Fremont High
Public,•9-12•6.9mi
Price History
Date
Event
Price
10/28/25
Listing
$599,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 33% |
| Baths | 1 | 1 | 50% |
| Square foot | 598 | 737 | 17% |
| Lot Size | 8,093 | 10,972 | 33% |
| Price | $599K | $616K | 42% |
| Price per square foot | $1,002 | $818.5 | 92% |
| Built year | 1967 | 9810981 | 92% |
| HOA | $617.12 | $699 | 42% |
| Days on market | 7 | 156 | 8% |
Condition Rating
Fair
Built in 1967, this property is over 50 years old. While the listing mentions an 'updated kitchen and bath with granite countertops,' the kitchen images show dated white cabinets and a very old-fashioned fluorescent light fixture, despite having newer stainless steel appliances and what appears to be granite counters. This suggests a partial or older renovation, not a comprehensive modern update. The building's elevator also appears significantly dated. The flooring is a well-maintained laminate. Overall, the property is functional and maintained, but many elements are outdated and would benefit from further modernization, aligning with the 'Fair' condition.
Pros & Cons
Pros
Prime Location & Walkability: Situated in Berkeley's coveted Panoramic Hill, offering a short walk to UC Berkeley, Memorial Stadium, downtown, BART, and hiking trails, appealing to a wide range of buyers.
Strong Investment Potential: Ideal for investors or owner-occupants due to its prime location and high rental demand, promising strong income potential.
Updated Interior Features: The unit boasts an updated kitchen and bath with granite countertops, providing modern amenities and reducing immediate renovation needs.
Top-Floor & Light-Filled Unit: As a top-floor condo, it benefits from abundant natural light and potentially reduced noise, enhancing living comfort.
Convenient Building Amenities: Includes secure gated parking, on-site laundry, elevator access, and a private balcony, adding significant convenience and value for residents.
Cons
Compact Unit Size: At 598 sqft with 1 bedroom and 1 bathroom, the unit is relatively small, which may limit its appeal to individuals or couples without extensive space requirements.
High Monthly Association Fee: The association fee of $617.12 per month is substantial for a 1-bedroom unit, impacting overall affordability and potential investment returns.
Building Age: Built in 1967, the building is over 50 years old, which could lead to higher maintenance costs or less modern infrastructure compared to newer constructions, despite unit updates.