Real Estate Investing in Berkeley, California (94707)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Alameda County • Population: 12,728 • Data updated: September 2026

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Should you buy in 94707 (Berkeley, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 37.3 — hard to cash-flow at these prices.

What’s happening in Berkeley, CA (94707)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $1,786,398
Avg Monthly Rent $3,996
1% Rule ✗ Does Not Meet
Median Income $186,579
% Renters 14.2%

Market Analysis: 94707 Berkeley

This part of Alameda County is not an easy win. The 94707 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.

For an experienced owner, 94707 can be a worth a close look for hunting ground — but the discount at $1.8M reflects genuine risk that outside investors often underestimate.

Regionally, 94707 sits on the difficult end of the CA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

A sturdy renter share of 14% in 94707 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

New investors are better served looking at Berkeley's stable or hybrid ZIPs before stepping into 94707. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Berkeley:

D Needs Caution
Buy Confidence Score: 48/100
Affordability
0/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 9.6× the median income
Value Trend
Rising (+9.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,996/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
San Francisco-Oakland-Berkeley, CA Metro Area
Even conditions for buyers and sellers
38 days
Average time to sell
Average
7.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from San Francisco-Oakland-Berkeley, CA metro data
🏠

Property Strategy for 94707

Which property type performs best in this market?

Best for Cash Flow
3BR
1.7% cap rate
Best for Appreciation
4BR
+2.9% 5yr CAGR
Best Overall Value
5BR
$423,658/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $1,288,039 $2,980 1.7% +2.2% $644,019
3BR $1,582,381 $3,810 1.7% +2.8% $527,460
4BR $1,879,413 $4,520 1.7% +2.9% $469,853
5BR $2,118,290 +2.1% $423,658

Market Trends

Home Value History (with trend line)

$1.9M$1.7M$1.4M$1.2M$928K$680KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$4,851$4,369$3,887$3,404$2,922$2,440Jan 2026May 2026Jul 2026

📊 How Does 94707 Compare?

Metric 94707 Berkeley San Francisco-Oakland-Berkeley, CA California
Home Value $1,786,398 $1,269,347 N/A $761,003
5-Year CAGR 1.7% N/A N/A 5.7%
Avg Rent $3,996 $3,105 N/A -
Cap Rate 1.7% 1.8% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 94707 (Berkeley, CA). Anonymous, moderated, never written by AI.

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Property managers serving Alameda County

Manage rentals here? List your business →

Accountable Property Management offers residential, commercial, and HOA property management services in Hayward, CA and the Greater Bay Area Rental Market. summary from their website

Unclaimed — is this your business? Claim it free

Advent Properties, Inc. offers comprehensive, responsive, and professional property management and real estate services in the Bay Area, East Bay, and Sacramento regions. summary from their website

Unclaimed — is this your business? Claim it free

Community Association Management (CAM) provides management services for Common Interest Developments in the San Francisco Bay Area. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Fair
Cap Rate
1.7%
Low
5yr Growth
+1.7%
Slow

📊 Market Snapshot

Home Value $1,786,398
Monthly Rent $3,996
Price-to-Rent 37.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.7%
Cap Rate 1.7%
5-Year IRR 3.5%

📈 Home Appreciation

1-Year +9.3% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +1.7% ▲
10-Year CAGR +3.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.5%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+1.7%
Flat
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 94707

Population: 12,728

💰 Median Household Income
$186,579
This area
$186,579
State
$94,164
USA
$74,580
🏠 Renter Occupied
14.2%
This area
14.2%
State
39.3%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-16.6%
USA
3.7%
🎓 College Educated
85.6%
This area
85.6%
State
7.7%
USA
33.7%
👤 Median Age
53.7 years
This area
53.7 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
3.5%
This area
3.5%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 72.1%
Asian 14.9%
Other/Mixed 11.8%
Hispanic/Latino 3.5%
Black/African American 1.2%
👶 Under 18
18.5%
This area
18.5%
USA
22.0%
👴 65 and Over
31.3%
This area
31.3%
USA
17.3%
📊 Poverty Rate
1.4%
This area
1.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 94707

B+ Avg School Grade
1 Schools
24.2:1 Avg Class Size
$28,034 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Thousand Oaks Elementary

📚 K – 05 Elementary
👥
363 Students
👨‍🏫
24.2:1 Class Size
💰
$28,034 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Longfellow Arts and Technology Middle

📚 06 – 08 Middle
📍 1500 Derby St., Berkeley
👥
442 Students
👨‍🏫
13.5:1 Class Size
💰
$28,034 Per Student
A Very Good

Berkeley Arts Magnet at Whittier

📚 K – 05 Elementary
📍 1645 Milvia St., Berkeley
👥
404 Students
👨‍🏫
21.3:1 Class Size
💰
$28,034 Per Student
A Very Good

Malcolm X Elementary

📚 K – 05 Elementary
📍 1731 Prince St., Berkeley
👥
460 Students
👨‍🏫
19.2:1 Class Size
💰
$28,034 Per Student
A Very Good

Rosa Parks Environmental Science

📚 K – 05 Elementary
📍 920 Allston Way, Berkeley
👥
371 Students
👨‍🏫
20.6:1 Class Size
💰
$28,034 Per Student
A Very Good

Ruth Acty Elementary

📚 K – 05 Elementary
📍 1400 Ada St., Berkeley
👥
396 Students
👨‍🏫
20.8:1 Class Size
💰
$28,034 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 4,636 Off-Campus Students
C
Dominican School of Philosophy & Theology
66 students · 1.4 mi
D
Pacific School of Religion
128 students · 1.7 mi
C
Church Divinity School of the Pacific
54 students · 1.8 mi
D
Graduate Theological Union
178 students · 1.8 mi
C
California Jazz Conservatory
20 students · 2.0 mi
C
Berkeley City College
6,547 students · 2.0 mi
A
University of California-Berkeley
45,699 students · 2.1 mi
D
Institute of Buddhist Studies
50 students · 2.3 mi

Investor Insight: With 4,636 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical rental rate in Berkeley, CA?

The typical rental in Berkeley, CA commands about $3,996/mo monthly. That rent profile stable cash flow against the $1.8M purchase basis.

Are homes affordable in Berkeley, CA?

Berkeley, CA home values average about $1.8M. That price point suits investors targeting rentals with $3,996/mo in monthly income.

What strategy should investors use in Berkeley, CA?

Investors usually favor careful cash-flow rentals with hands-on management in Berkeley, CA. With home values at $1.8M and rents near $3,996/mo, other strategies can work but produce measured rather than outsized returns.

Are there empty rentals in Berkeley, CA?

Berkeley, CA sees elevated vacancy, which is reasonable relative to the broader CA rental market.

Is Berkeley, CA good for landlords?

For rental operators, Berkeley, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

You know 94707 now. You don’t know where it ranks.

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How 94707 ranks in San Francisco-Oakland-Berkeley, CA

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Cash Flow → Appreciation → Affordable →
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