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720 Gilman St, Berkeley, CA, 94710

2beds
2baths
1,592sqft
$699,000
$439price/sqft
$4,911/moest. monthly cost
$196,440/yrincome needed

About This Home

It seems like we all work where we live these days. Make it official! 720 Gilman is a rare opportunity to own a distinctive tri-level live/work loft in Berkeley’s historic Tannery Lofts. Originally converted in the mid-1990s from a former industrial building, this spacious and flexible condo blends character, volume, and functionality in one of West Berkeley’s most dynamic neighborhoods. Featuring 2 bedrooms, a loft space, and 1.5 baths across three levels, the home offers soaring ceilings, abundant natural light, and an open layout ideal for creatives, remote professionals, entrepreneurs, or anyone seeking a unique urban living experience. The flexible floor plan allows for seamless separation between living, working, and entertaining spaces. The first floor welcomes you with a spacious living area, while the kitchen opens to the dining area and is complemented by industrial-inspired details, warm finishes, and dramatic architectural lines throughout. A lofted upper level provides additional versatility for a home office, studio, guest space, or reading retreat. The unit also includes in-unit laundry, multiple levels of living space, and live/work zoning for added flexibility. Located in vibrant West Berkeley near 4th Street shopping, cafes, restaurants, breweries, parks, and transit, this home offers convenient access to SF, Emeryville, and the greater East Bay. Easy access to BART, freeways, and bike corridors makes commuting simple while still enjoying the creative energy and community feel that define this neighborhood. A truly unique Berkeley loft with historic character, modern flexibility, and endless potential. HES exempt.

Getting Around

84
WalkingVery Walkable
53
TransitGood Transit
90
BikeBiker's Paradise

Schools

9/10
Ruth Acty ElementaryGrades K-51.0 mi
9/10
Berkeley High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1903

Materials

  • Foundation: Concrete Perimeter,Earthquake Braced
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,See Remarks
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Refrigerator,Dryer,Washer,ENERGY STAR Qualified Appliances
  • Laundry features: Laundry Closet,Upper Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Counter - Solid Surface,Updated Kitchen
  • Window features: Window Coverings
  • Flooring: Hardwood,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,592
  • Total interior livable area: 1,592 sqft

Kitchen

  • Features: Counter - Solid Surface, Dishwasher, Eat-in Kitchen, Disposal, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 59234662
  • Special condition: Standard

Features

  • Levels: Three or More Stories,Three Or More
  • Pool features: None
  • Exterior features: Low Maintenance
  • Fencing: Wood
  • Has view: Yes
  • View description: Hills

Lot

  • Lot size: 1.89 Acres
  • Features: Paved

Parking

  • Total spaces: 2
  • Parking features: Parking Spaces,No Garage

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
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Tsunami

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 $3,534$42,408
Home Insurance *$140$1,680
Property Taxes $839$10,068
Electricity $398$4,786
Total$4,911$58,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,377/yr
40% on housing$147,330/yr
45% on housing$130,960/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

$439This listing

vs Other Active Listings

Avg $/sqft

ZIP 94710$454
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94710$798
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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$699,000
2026-07-21Price change$699,000
2026-05-26Listed for sale$749,000
2016-02-11Sold$615,000
2016-01-20Pending sale$615,000
2016-01-07Listed for sale$615,000
2015-09-16Listing removed$549,000
2015-07-27Price change$549,000
2015-07-15Listed for sale$589,000
2005-01-21Sold$494,000
1999-04-30Sold$234,000

For Sale by Agent

AgentGretchen Roethle
BrokerageSalt & Pine Real Estate

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