2327 10th St #4 · Berkeley, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 3/10 · Minor
- Hot days now (above 82°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 9/10 · Severe
- Unhealthy air days now
- 16 days/yr
- Unhealthy air days in 30 yrs
- 16 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +19.9/30.0
- ARV discount +7.5/15.0
- DSCR +6.3/10.0
- 1% rule +5.9/10.0
- Schools +5.7/10.0
- Livability +3.9/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$590,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Another Price Reduction!! West Berkeley location with sunset views living all come together in this top-floor, end-unit condo at The Astro, an intimate 4-unit building. Nestled at the back of the property for added privacy, this bright 2-bedroom, 1-bath home enjoys exposure on multiple sides, bringing in natural light throughout the day & capturing both sunrise and sunset skies from its balcony. A signature Berkeley breeze flows easily through the open-concept living and dining area, creating an inviting space for relaxing, entertaining, or working from home.The kitchen/dining combo offers a functional layout ideal for everyday cooking and hosting, with easy connection to the main living space. Two well-proportioned bedrooms provide peaceful retreats, well suited for sleeping, guests, or a home office. Shared backyard functions as an extension of the living area, perfect for BBQs, casual gatherings, or quiet evenings under the stars. Practical features enhance day-to-day convenience, including an oversized deeded parking space & generous storage for bikes, boards, luggage, and gear. The easy going HOA adds to the low-maintenance lifestyle. Located in an excellent neighborhood, this condo sits near the heart of the action, near boutiques and cafes, renowned Berkeley Bowl and much more.
Key facts
- Generous storage
- Natural light
- Shared backyard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/4.0-bath condo listed at $590k.
Deal economics
- At list price, monthly cash flow is $712 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($6k rent vs $590k).
- Recommended offer: $537k (9.0% below list) — sets the bar for market timing.
- Cap rate 7.7% vs local median 2.0% in Berkeley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#74 in CA, #2,860 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, amenities A+, commute A+; Watch: crime F, cost of living F.
- Berkeley Unified (urban): math 61% / reading 67% proficiency, ranked #175 of 1,400 in CA (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising (+2.2%/yr); 30 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,742 units permitted in Alameda County in 2024 (856 in 5+ unit buildings).
- At $6,443/mo this rent would consume 76% of the median local household income ($102k/yr) (locally 764% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k of value loss. Plan a longer hold.
- Alameda County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 103 days — a 9% lower offer ($537k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 5y ago; this cycle's ask has dropped $59k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 103 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.09% ✓
- Cap rate
- 7.74%
- Cash-on-cash
- 5.18%
- DSCR
- 1.23
- GRM
- 7.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.24% rent growth · sell at horizon
- IRR
- -9.1%
- Equity multiple
- 0.67×
- Total profit
- $-54,838
- Equity at exit
- $87,971
- IRR
- -0.7%
- Equity multiple
- 0.95×
- Total profit
- $-7,940
- Equity at exit
- $51,012
Cash invested: $165,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City Berkeley
- 0 Strongly Tenant-Friendly · D+78
ZIP-level market 94710
- Rents YoY
- 2.2%
- Active inventory
- 30
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $6,443 medium interval (Pro) →
- Mortgage (P&I)
- −$3,094
- Tax est. 1.5%
- −$738 /mo · $8,850/yr
- Insurance
- −$246
- HOA
- −$300
- Vacancy / Maint / Mgmt
- −$1,353
- Net cashflow
- $712
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $147,500
- Closing costs
- $17,700
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1316 Russell St Berkeley, CA | 4.0 | 2.5 | 2200 | $8,500 | $3.86 | 1d | 1 | 0.75mi |
| 1730 Francisco St Berkeley, CA | 5.0 | 3.5 | 2250 | $8,000 | $3.56 | 24d | 1 | 1.12mi |
HOA detail condo
- Monthly dues
- $300 · $3,600/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 30 events
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2026-06-09days on market $590,000 Active 103 DOM
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2026-06-08days on market $590,000 Active 102 DOM
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2026-06-07days on market $590,000 Active 101 DOM
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2026-06-04days on market $590,000 Active 98 DOM
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2026-06-03days on market $590,000 Active 97 DOM
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2026-06-02days on market $590,000 Active 96 DOM
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2026-06-01days on market $590,000 Active 95 DOM
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2026-05-31days on market $590,000 Active 94 DOM
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2026-05-18price $590,000 1313-char remark
Show marketing remark (1313 chars)
Another Price Reduction!! West Berkeley location with sunset views living all come together in this top-floor, end-unit condo at The Astro, an intimate 4-unit building. Nestled at the back of the property for added privacy, this bright 2-bedroom, 1-bath home enjoys exposure on multiple sides, bringing in natural light throughout the day & capturing both sunrise and sunset skies from its balcony. A signature Berkeley breeze flows easily through the open-concept living and dining area, creating an inviting space for relaxing, entertaining, or working from home.The kitchen/dining combo offers a functional layout ideal for everyday cooking and hosting, with easy connection to the main living space. Two well-proportioned bedrooms provide peaceful retreats, well suited for sleeping, guests, or a home office. Shared backyard functions as an extension of the living area, perfect for BBQs, casual gatherings, or quiet evenings under the stars. Practical features enhance day-to-day convenience, including an oversized deeded parking space & generous storage for bikes, boards, luggage, and gear. The easy going HOA adds to the low-maintenance lifestyle. Located in an excellent neighborhood, this condo sits near the heart of the action, near boutiques and cafes, renowned Berkeley Bowl and much more.
-
2026-03-20price $599,000 1313-char remark
Show marketing remark (1313 chars)
Another Price Reduction!! West Berkeley location with sunset views living all come together in this top-floor, end-unit condo at The Astro, an intimate 4-unit building. Nestled at the back of the property for added privacy, this bright 2-bedroom, 1-bath home enjoys exposure on multiple sides, bringing in natural light throughout the day & capturing both sunrise and sunset skies from its balcony. A signature Berkeley breeze flows easily through the open-concept living and dining area, creating an inviting space for relaxing, entertaining, or working from home.The kitchen/dining combo offers a functional layout ideal for everyday cooking and hosting, with easy connection to the main living space. Two well-proportioned bedrooms provide peaceful retreats, well suited for sleeping, guests, or a home office. Shared backyard functions as an extension of the living area, perfect for BBQs, casual gatherings, or quiet evenings under the stars. Practical features enhance day-to-day convenience, including an oversized deeded parking space & generous storage for bikes, boards, luggage, and gear. The easy going HOA adds to the low-maintenance lifestyle. Located in an excellent neighborhood, this condo sits near the heart of the action, near boutiques and cafes, renowned Berkeley Bowl and much more.
-
2026-03-12price $629,000 1313-char remark
Show marketing remark (1313 chars)
Another Price Reduction!! West Berkeley location with sunset views living all come together in this top-floor, end-unit condo at The Astro, an intimate 4-unit building. Nestled at the back of the property for added privacy, this bright 2-bedroom, 1-bath home enjoys exposure on multiple sides, bringing in natural light throughout the day & capturing both sunrise and sunset skies from its balcony. A signature Berkeley breeze flows easily through the open-concept living and dining area, creating an inviting space for relaxing, entertaining, or working from home.The kitchen/dining combo offers a functional layout ideal for everyday cooking and hosting, with easy connection to the main living space. Two well-proportioned bedrooms provide peaceful retreats, well suited for sleeping, guests, or a home office. Shared backyard functions as an extension of the living area, perfect for BBQs, casual gatherings, or quiet evenings under the stars. Practical features enhance day-to-day convenience, including an oversized deeded parking space & generous storage for bikes, boards, luggage, and gear. The easy going HOA adds to the low-maintenance lifestyle. Located in an excellent neighborhood, this condo sits near the heart of the action, near boutiques and cafes, renowned Berkeley Bowl and much more.
-
2026-02-26$649,000 Active 1313-char remark
Show marketing remark (1313 chars)
Another Price Reduction!! West Berkeley location with sunset views living all come together in this top-floor, end-unit condo at The Astro, an intimate 4-unit building. Nestled at the back of the property for added privacy, this bright 2-bedroom, 1-bath home enjoys exposure on multiple sides, bringing in natural light throughout the day & capturing both sunrise and sunset skies from its balcony. A signature Berkeley breeze flows easily through the open-concept living and dining area, creating an inviting space for relaxing, entertaining, or working from home.The kitchen/dining combo offers a functional layout ideal for everyday cooking and hosting, with easy connection to the main living space. Two well-proportioned bedrooms provide peaceful retreats, well suited for sleeping, guests, or a home office. Shared backyard functions as an extension of the living area, perfect for BBQs, casual gatherings, or quiet evenings under the stars. Practical features enhance day-to-day convenience, including an oversized deeded parking space & generous storage for bikes, boards, luggage, and gear. The easy going HOA adds to the low-maintenance lifestyle. Located in an excellent neighborhood, this condo sits near the heart of the action, near boutiques and cafes, renowned Berkeley Bowl and much more.
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2025-08-09historical
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2021-08-18price
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2021-08-06New
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥82°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 9/10 Extreme 16 unhealthy d/yr today · 16 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $77,313
- − Mortgage interest
- −$33,049
- − Property taxes
- −$8,850
- − Insurance
- −$2,950
- − Repairs & maintenance
- −$6,185
- − Management
- −$6,185
- − HOA
- −$3,600
- − Depreciation
- −$17,164
- Taxable loss
- −$670
- Est. tax savings @ 24.0%
- +$161
- After-tax cash flow
- $8,710/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Berkeley Unified
- NCES district ID
- 0604740
- Math proficiency
- 61% ▲ 2.00%
- Reading proficiency
- 67% ▲ 2.00%
- Median HH income
- $66,202
- Composite
- 57.37/100
- National rank
- #2288
- State rank
- #175 of 1400 in CA
Livability — Berkeley
- Score
- 77/100
- State rank
- #74
- US rank
- #2860
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Berkeley, CA
- County
- Alameda County · 1,614,355 people
- City population
- 121,632
- Metro
- San Francisco-Oakland-Berkeley, CA
- Population (ZIP)
- 8,380
- Household income
- $102,227
- Rent vs Own
- Severe rent burden
- 764.0
Population outlook (Alameda County) Hauer SSP2
- Today (2025)
- 1,928,884 people
- By 2030
- 2,069,146 · +7.3%
- By 2040
- 2,338,405 · +21.2%
- By 2050
- 2,586,608 · +34.1%
- By 2075
- 3,061,911 · +58.7%
- By 2100
- 3,234,133 · +67.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 48% Hispanic / Latino 20% Asian 13% Two or more races 13% Black 9% Native American 2%
- Hispanic origin (detail)
- Mexican 13% Puerto Rican 2%
- Common ancestry
- Scotch-Irish 4% Romanian 3% Slovak 3%
- Foreign-born
- 20% · Canada, China, South Korea
- Languages at home
- 73% English-only · Spanish 15% Chinese 3% Other Indo-European 3%
Political lean MEDSL · Alameda
- 2024 margin
- Solid D (+53.6) · D 74.6% · R 21.0% · Other 4.4%
- 2008→2024 swing
- -5.9pp toward R · 2008: 59.5pp · 2024: 53.6pp
- All cycles
- 2024: D+53.6 2020: D+62.5 2016: D+64.4 2012: D+59.8 2008: D+59.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -444.39%
- Current HPI
- 283.2007
- Rent YoY
- ▲ 2.24%
- Metro
- San Francisco-Oakland-Berkeley, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
||
| Financial Services | 3 | $174B |
|
||
| Retail | 3 | $44B |
|
||
| Insurance | 3 | $26B |
|
||
| Media / Entertainment | 2 | $115B |
|
||
| Pharmaceuticals / Biotech | 2 | $62B |
|
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Price history
-9.1% since first listed22 events — show timeline
- 2026-05-18 Price Changed $590,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2026-03-20 Price Changed $599,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2026-03-12 Price Changed $629,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2026-02-26 Listed $649,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-08-09 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-07-10 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-07-03 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-06-20 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-06-19 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-06-12 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-05-28 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-05-22 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-05-12 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-04-25 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-04-12 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-04-02 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2025-03-13 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2024-09-24 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2024-07-04 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2021-10-15 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2021-08-18 Price Changed — bridgeMLS, Bay East AOR, or Contra Costa AOR
- 2021-08-06 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…