2 Panoramic Way 302, Berkeley, California 94704, Berkeley, - bed, bath
ACTIVE$658,000
2 Panoramic Way 302, Berkeley, California 94704
1Bed
1Bath
598Sqft
8,093Lot
Year Built
1967
Close
-
List price
$658K
Original List price
$768K
Price/Sqft
-
HOA
$617.12
Days on market
-
Sold On
-
MLS number
AR25117271
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Deck
ViewCity Lights,Neighborhood
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
09/08/25
Price Change
$658,000
05/28/25
Listing
$768,000
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 | $658K | $641K | 58% |
| Price per square foot | $1,100 | $818.5 | 92% |
| Built year | 1967 | 9810981 | 92% |
| HOA | $617.12 | $699 | 42% |
| Days on market | 160 | 160 | 50% |
Condition Rating
Good
Built in 1967, this condo features an updated kitchen with stainless steel appliances and granite countertops, and an updated bathroom also with granite. The flooring throughout appears to be well-maintained laminate or engineered wood. While the bathroom light fixture shows some age, the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' category's criteria for properties with updates within the last 5-15 years.
Pros & Cons
Pros
Prime Location: The property boasts an exceptional location in Berkeley’s coveted Panoramic Hill, offering walking distance to UC Berkeley, Memorial Stadium, downtown, BART, and hiking trails, making it highly desirable for various demographics.
Strong Investment Potential: Explicitly highlighted for its high rental demand and strong income potential, this unit is ideal for investors seeking a reliable income stream in a sought-after area.
Updated Interior & Amenities: The unit features an updated kitchen and bath with granite countertops, a private balcony, secure gated parking, on-site laundry, and elevator access, enhancing its appeal and convenience.
Top-Floor Unit: Being a top-floor condo, it likely benefits from reduced noise from above, potentially better natural light, and desirable city lights and neighborhood views.
Versatile Appeal: The property is suitable for both owner-occupants and investors, offering a compelling blend of lifestyle and financial opportunity.
Cons
Compact Size: With only 598 sqft and 1 bedroom/1 bathroom, the unit is relatively small, which may limit its appeal to buyers seeking more spacious living arrangements or those with families.
High Association Fees: The monthly association fee of $617.12 is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability for some buyers.
Building Age: Built in 1967, the building is over 50 years old, which could imply potential for future common area maintenance issues or less modern infrastructure compared to newer constructions, despite unit updates.