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Duplex with ADU Potential

1241-1241B Ashby Ave, Berkeley, CA 94702

For Sale
$1,050,000

Two-unit property with updated interiors, flexible occupancy options, and preliminary plans for additional residential space.

Property SizeContact for details
Days on Market209

Property Features for 1241-1241B Ashby Ave

General Information

Standard status Active
Property subtype Duplex

Site & Location

Neighborhood South Berkeley
Public Transit Yes

Units

Unit Mix 1 x 3 beds/1 bath, 1 x 4 beds/2 baths
Multifamily Units 2

Additional Details

Gross Income $93,240

Amenities

No Air Conditioning
Forced Air

Building Details

Year Built 1925
Listing Agency: BHG Reliance Partners
Listed By: Derek Han · License #01738860
Source: Kw
Added: Apr 15 Changed: Nov 8 Last Checked: Nov 8 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHG Reliance Partners

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this Berkeley duplex includes two separate residences with practical layouts and updated interior finishes. Unit A provides 3 beds/1 bath, while Unit B is configured with 4 beds/2 baths. Both units include modern kitchens, renovated bathrooms, recessed lighting, and forced-air heating; the property does not have air conditioning.

The property includes a backyard and preliminary plans for an ADU or additional units, subject to buyer verification. Its South Berkeley location is near Ashby BART, Berkeley Bowl West, parks, schools, and dining. Oakland, San Francisco, and UC Berkeley are also identified as convenient commute destinations.

Key Highlights

  • Two‑unit duplex built in 1925
  • Unit A: 3 beds/1 bath
  • Unit B: 4 beds/2 baths

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,175
Businesses Nearby

Demographics for 94702, CA

17,637
Population
8,209
Households
2.1
Avg Household Size
39
Median Age
65%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
13,567
Density / Sq Mi
$99,135
Median Household Income
$66,516
Median Earnings
$1,974
Median Rent
$1,168,200
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Berkeley, CA

$595 Jul
$524 Aug
$561 Sep
$568 Oct

Properties on Market for Duplexes in Berkeley

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with updated interiors, flexible occupancy options, and preliminary plans for additional residential space.
Where is this duplex located?
The property is located at 1241-1241B Ashby Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1925; Unit A: 3 beds/1 bath; Unit B: 4 beds/2 baths
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