1337 University Ave, Berkeley, CA 94702
- $825,000
- 6
- BD
- 2,832
- SqFt
Listed by Joey Wang, (510) 592-4244 from Keller Williams Realty
(If provided) CoList: from
Sold listing courtesy of Saundra Leonard from KWLGE
- Sold Price
- $825,000
- List Price
- $600,000
- Closing Date
- Apr 03, 2025
- MLS#
- EB41085208
- Status
- SOLD
- Sqft. of Residence
- 2,832
- Lot Size
- 5,000
- Listing Area
- Berkeley Map Area 4
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!
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Additional Information
- Acres
- 0.11
- Age
- 81
- Amenities
- Storage Area(s), Balcony/Patio, Window Covering(s)
- Cooling System
- Air Conditioning - None
- Days On Market
- Unknown
- Exterior Features
- Concrete
- Floor Covering
- Carpet - Partial, Tile, Vinyl, Hardwood
- Garage Parking
- Spaces per Unit - 1
- Heating System
- Gas, Wall Furnace
- Laundry Facilities
- Gas Hookup, In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer
- Living Area
- 2,832
- Lot Description
- Grade - Level
- Lot Size
- 5,000
- Neighborhood
- Berkeley Map Area 4
- Numberof Units
- 4
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
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