Berkeley, CA 94702-1763,1337 University Ave
Berkeley, CA 94702-1763,1337 University Ave
Berkeley, CA 94702-1763,1337 University Ave
10
Listed by Joey Wang • Keller Williams Realty
Bought with Saundra Leonard • KWLGE
$1,750,000
$1,350,000
29.6%
Est.Price: ?

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3 BD
2 BA
5,194 SqFt

1337 University Ave Berkeley, CA 94702-1763

Est. payment /mo
SOLD DATE : 04/01/2025

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Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,194 sqft

Price per Sqft $336

MLS Listing ID MR41085101

Sold Date 04/01/25

Bedrooms 3

Year Built 1944

Lot Size 10,150 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

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 Berkeley Map Area 4

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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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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