Flip report generated Feb 9, 2025
The Flip Potential of
2004 Essex St Berkeley, CA
is medium.
Current Specs
3 Bed / 1.5 Bath
1,638 sqft
$710 per sqft
Estimated Value$1,162,379
Flip Advice
The property at 2004 Essex St, Berkeley, is a charming single-family home with 3 beds and 1.5 baths, spanning 1,638 sqft. Located in South Berkeley, it benefits from a vibrant community atmosphere and a median listing price around $998K. However, its last sold price of $1,015K indicates a potential market stabilization, which could affect flip profitability.
To enhance flip potential, consider minor cosmetic upgrades like fresh paint and landscaping, which can attract buyers without a significant investment. Given the current market dynamics, aiming for a sale price around $1.3M after these improvements could yield a reasonable return on investment.
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