Active
1337 University Ave
Berkeley CA, 94702
$600,000
$211.86 per sqft
Active
6 Beds
2,832 sqft
Multi-family
Built in 1944
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!
41085208
MLSⓇ ID
February 8, 2025
Listed
February 15, 2025
Updated
Interior Features
Bedrooms
6
Interior Features
Updated Kitchen, Storage
Appliances
Gas Water Heater
Laundry Description
Gas Dryer Hookup, Laundry Closet, In Unit, Washer/Dryer Hookups
Floor Description
Hardwood, Partial Carpeting, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Natural Gas, Hot Water, Wall Furnace
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Front Yard, Side Yard, Landscape Front
Lot Features
Level, Landscape Front, Paved
Security
Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
Window
Window Coverings
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Carport - 2 Or More, Space Per Unit - 1, Uncovered Park Spaces 2
View
No
County
Alameda
Pool
No
Utilities
All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
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Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244
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