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1021 Cragmont Ave

Cragmont · Berkeley

1021 Cragmont Ave

Style

Single Family Residence

Zoning

R-1H

Year built

1913

Existing

3 bd · 3 ba

Interior

2,281 sf

Lot size

5,586 sf

$1,795,000

For Sale

Development Scenarios

Here's how you can use existing housing laws to add more housing units to this property. For illustrative purposes only, as actual site conditions should be verified in person.

ADU

Add 2 potential units to the backyard
$471K-$686K estimated cost
$409K-$818K future value add

Single-Family Homes and ADUs on Separate Lots

Add 1 potential unit
$388K-$481K estimated cost
$423K-$573K future value add
Loading infill model...

Density level

Density controls will appear after the model finishes loading.

Generating the lot configuration for this scenario and density...

Financials

These estimates model the potential development economics for this scenario using local construction costs and comparable sale prices. They're provided for illustrative purposes only and aren't financial advice.

Selected ScenarioADU
Estimated Project Cost
$2,320,110
ADU scenario · 2 new units · 746 new sf
Build Cost / SF
$
ADU build cost$471,260
20% of project cost
Property acquisition$1,848,850
80% of project cost
Estimated Project Value (2 Year)
$2,204,240
$2,335,806 1-year project value ·
-5.0% total ROI
-$115,870 potential ROI
Added scenario value$409,240
19% of completed value
Current property value$1,795,000
81% of completed value
Acquisition80%
Soft Costs3%
Hard Costs17%
Value Projections
Today list price$1,795,000
24-month added value$409,240
24-month project value$2,204,240
Potential ROI-$115,870
Assumptions
Current sale / sf$840
Average sale / sf$958
Annual growth-24.3%
Comp bedrooms3
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft746 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
N/A
# of new homes
2
Total homes
2
Per Home
N/A
Per Home
$236K
Per Home
$1.16M
# of original sq ft
2,138
# of new sq ft
746
Total sq ft
2,884
Per Sq Ft
N/A
Per Sq Ft
$632
Per Sq Ft
$804
Total
$1.85M
Total
$471K
Total
$2.32M
Financing Estimate
Construction Loan

Estimate construction proceeds, cash required, and interest-only payments.

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$471K
Loan proceeds
65% loan-to-cost
$306K
Cash required
Unfinanced development cost
$165K
Monthly payment
Interest-only estimate
$3K

Timeline

Typical project phasing based on the selected scenario, density, and generated development scope.

Estimated Total Duration

13 months

ADU

Design

Concept design, site planning, and early coordination.

1 month

Month 1

Permitting

Planning review, entitlement approvals, and building permits.

3 months

Month 2 - Month 4

Site Work

Utility coordination, grading, and site preparation.

3 months

Month 5 - Month 7

Construction

Vertical construction through final inspection.

6 months

Month 8 - Month 13

Property Overview

MLS: bridgeMLS

Property information from bridgeMLS

Listed by Scott Leverette · Golden Gate Sothebys Intl Rlty

bridgeMLS © 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 2, 2026 at 3:54 PM PDT.

Location

Data from Type Five
Jurisdiction
Berkeley
Zoning
R-1H
Overlay Districts
Hillside Overlay, Open Creek Setback (BMC 17.08)
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Euclid Av & Cragmont Av)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
No
Landslide Risk
Yes
Fault Zone
Yes

Fire Risk

Data from Type Five
Fire Hazard Zone
Berkeley Fire Zone 2
Fire Responsibility
LRA
Wildfire Protection Req.
Yes
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