Berkeley, CA 94702-1763,1337 University Ave
Berkeley, CA 94702-1763,1337 University Ave
Berkeley, CA 94702-1763,1337 University Ave
10
Listed by Joey Wang • Keller Williams Realty
Bought with Saundra Leonard • KWLGE
$825,000
$600,000
37.5%
Est.Price: ?

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6 BD
4 BA
2,832 SqFt

1337 University Ave Berkeley, CA 94702-1763

Est. payment /mo
SOLD DATE : 04/03/2025

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Key Details

Sold Price $825,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $291

MLS Listing ID MR41085208

Sold Date 04/03/25

Bedrooms 6

Originating Board Bridge MLS

Year Built 1944

Lot Size 5,000 Sqft

Property Sub-Type Fourplex

Property Description

Two adjacent fourplexes in the heart of Berkeley's commercial corridor, that can be bought separately or together. The properties are located on a major thoroughfare, just steps from Target, top dining options, and North Berkeley BART, ensuring seamless tenant connectivity across the Bay Area. 1337 University features two 1-bed/1-bath and two 2-bed/1-bath units, while 1347 University consists of four 1-bed/1-bath units, totaling eight rental units on a combined 10,150 sq. ft. lot. C-U zoning presents strong cash flow and redevelopment potential. Current rents sit at $11,800/month with a market potential of $17,000/month, offering significant rental upside. 1337 for $600K, 1347 for $750K ($1.35M total, under $170K/unit), this is an exceptional value-add opportunity in one of Berkeley's strongest rental markets. Buy one or both!

Location

State CA

County Alameda

Area Other Area

Interior

Heating Gas, Wall Furnace

Cooling Air Conditioning - None

Flooring Carpet - Partial, Tile, Vinyl, Hardwood

Laundry Gas Hookup, In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer

Exterior

Exterior Feature Concrete

Parking Features Spaces per Unit - 1

Garage Spaces 4.0

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 57-2073-7

Special Listing Condition Not Applicable

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agent

Agnes Cruz

Agent | License ID: 02119480

+1(650) 296-7512

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