$1,465,000
●
House -
Off Market
1302 Channing Way
Berkeley, CA 94702
3 Beds
2 Baths
1,500 Ft²
$6,379
Est. Monthly
About This Property
Welcome to this delightful 3-bedroom, 2-bathroom Craftsman home
that beautifully blends timeless character with modern convenience.
Step inside to find the warmth of classic wood detailing, inviting
living spaces, and cedar-lined closets that add both charm and
function. The home is equipped with owned solar panels, offering
energy efficiency and cost savings for years to come. Adding
to its appeal, the original garage has been thoughtfully
transformed into a fully permitted Accessory Dwelling Unit (ADU).
Whether used as a rental, a private guest retreat, or a spacious
home office, the ADU provides exceptional flexibility and income
potential. Even with the garage conversion, there is still
ample off-street parking for 2+ vehicles, a rare and valuable
feature in this neighborhood. Located in the heart of Berkeley,
this home is just moments away from neighborhood parks, local
shops, cafes, and convenient transit options. With its blend of
historic Craftsman charm, practical updates, and versatile living
spaces, 1302 Channing Way is a home ready to grow with you for
years to come.
Unit Size
1,500 Ft²
Days on Market
14 days
Land Size
0.09 acres
Price per sqft
$866
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (bridgeMLS/CCAR/Bay East AOR #41107462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 24, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Compass | $1,299,000 | |
| Listed by Compass | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About West Berkeley
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Listed by: Andrea Gordon, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41107462
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41107462
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