$925,000
$750,000
23.3%For more information regarding the value of a property, please contact us for a free consultation.
1347 University Ave Berkeley, CA 94702
4 Beds
2,362 SqFt
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,362 sqft
Price per Sqft $391
MLS Listing ID 41085207
Bedrooms 4
Year Built 1943
Lot Size 5,150 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Natural Gas, Wall Furnace, Hot Water
Cooling No Air Conditioning
Flooring Hardwood, Partial Carpeting, Tile, Vinyl
Laundry Dryer, Gas Dryer Hookup, Laundry Closet, Washer, Washer/Dryer Hookups, Inside, Washer/Dryer Stacked Incl
Exterior
Exterior Feature Front Yard, Landscape Misc
Utilities Available All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Building
Lot Description Level, Landscape Front, Paved
New Construction No
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 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.
Bought with SaundraLeonard