CA > Berkeley
Berkeley, CA 94702,1337 University Ave
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Berkeley, CA 94702,1337 University Ave
Berkeley, CA 94702,1337 University Ave
Berkeley, CA 94702,1337 University Ave
Berkeley, CA 94702,1337 University Ave
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Devin Ratoosh

Devin Ratoosh

+1(510) 919-5499
$ 1,350,000
Est. payment /mo
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Pending

1337 University Ave Berkeley, CA 94702

5,194 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,194 sqft

Price per Sqft $259

MLS Listing ID 41085101

HOA Y/N No

Year Built 1944

Lot Size 10,150 Sqft

Acres 0.23

Property Sub-Type 5 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

Rooms

Basement None

Interior

Interior Features Storage

Heating Natural Gas, Hot Water, Wall Furnace

Cooling None

Flooring Hardwood, Partial Carpeting, Tile, Vinyl

Fireplace No

Window Features Window Coverings

Appliance Dryer, Washer, Gas Water Heater

Laundry Dryer, Laundry Closet, In Kitchen, In Unit, Washer, Washer/Dryer Hookups

Exterior

Utilities Available All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Level, Landscape Front, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5720737

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Joey Wang • Keller Williams Realty
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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