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2018 Blake St, Berkeley, CA, 94704

0beds
0baths
0sqft
$2,188,000
--price/sqft
$14,079/moest. monthly cost
$563,160/yrincome needed

About This Home

Rare Berkeley development opportunity. Property includes approved entitlements for a 6-story residential building, allowing redevelopment of the existing single-family home into a 12-unit, ~50-bedroom student housing project. Walking distance to Downtown Berkeley BART and close to UC Berkeley campus, with convenient access to San Francisco and the greater Bay Area. Fully entitled projects are uncommon in Berkeley's restrictive development environment, offering a shovel-ready opportunity in a high-demand student housing market.

Getting Around

93
WalkingWalker's Paradise
67
TransitGood Transit
95
BikeBiker's Paradise

Schools

8/10
Sylvia Mendez ElementaryGrades K-50.5 mi
10/10
Willard Middle SchoolGrades 6-80.6 mi
9/10
Berkeley High SchoolGrades 9-120.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedroom1

  • Area: 0

Bedroom2

  • Area: 0

Bedroom3

  • Area: 0

Bedroom4

  • Area: 0

Dining Room

  • Area: 0

Family Room

  • Area: 0

Interior Area

  • Total structure area: 0

Kitchen

  • Area: 0

Living Room

  • Area: 0

Master Bedroom

  • Area: 0

Property

Details

  • Parcel number: 55182121
  • Special condition: Standard

Lot

  • Lot size: 5,189 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,063$132,756
Home Insurance *$469$5,628
Property Taxes $2,149$25,788
Electricity $398$4,786
Total$14,079$168,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$482,708/yr
40% on housing$422,370/yr
45% on housing$375,440/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 94704$528
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94704$897
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$2,350,000
2026-03-09Listed for sale$2,450,000
2020-12-23Sold$1,100,000
2020-11-06Pending sale$890,000
2020-10-27Listed for sale$890,000

For Sale by Agent

AgentHuan Fang
BrokerageSuen, Peter

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