1337 University Ave, Berkeley, CA 94702
  • MLS#: 41085101 ( Multi-Family )
  • Street Address: 1337 University Ave
  • Viewed: 4
  • Price: $1,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1944
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94702
  • Provided by: Keller Williams Realty
  • Contact: Joey Joey
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Two adjacent fourplexes in the heart of Berkeleys 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 Berkeleys strongest rental markets. Buy one or both!
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Features
Property Type
  1. Multi-Family