10
See all 10 photos
$1,350,000
Est. payment /mo
3 BD
2 BA
5,194 SqFt
Pending
1337 University Ave Berkeley, CA 94702-1763
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UPDATED:
03/01/2025 09:21 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 5,194 sqft
Price per Sqft $259
MLS Listing ID MR41085101
Bedrooms 3
Originating Board Bridge MLS
Year Built 1944
Lot Size 10,150 Sqft
Property Sub-Type Five or More Units
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. At just $675K per fourplex ($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 None
Flooring Carpet - Partial, Tile, Vinyl, Hardwood
Laundry In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer , Washer, Dryer
Exterior
Exterior Feature Concrete
Parking Features Spaces per Unit - 1
Garage Spaces 8.0
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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Listed by Joey Wang • Keller Williams Realty