1337 University Ave Pending Save Request In-Person Tour Request Virtual Tour
Berkeley,CA 94702-1763
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $211
MLS Listing ID MR41085208
Bedrooms 6
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
Special Listing Condition Not Applicable