1347 University Ave Berkeley, CA 94702
Listing Courtesy of:  bridgeMLS / Keller Williams Realty / Joey Wang

  1347 University Ave Berkeley, CA 94702

Pending (34 Days)
$750,000

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!

MLS #:
41085207
Lot Size
5,150 SQFT
Type
Multifamily
Year Built
1943
County
Alameda County

Listed By

Joey Wang, Keller Williams Realty
Source
bridgeMLS
Last checked Mar 14 2025 at 10:00 AM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Washer
  • Laundry: Dryer
  • Laundry: Washer
  • Windows: Window Coverings
  • Gas Water Heater
  • Laundry: Laundry Closet
  • Laundry: Gas Dryer Hookup
  • Laundry: Inside
  • Laundry: Washer/Dryer Hookups
  • Laundry: Washer/Dryer Stacked Incl
  • Tub W/Shower Over
Lot Information
  • Level
  • Landscape Front
  • Paved
Heating and Cooling
  • Wall Furnace
  • Hot Water
  • Natural Gas
  • No Air Conditioning
Flooring
  • Tile
  • Vinyl
  • Partial Carpeting
  • Hardwood
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, All Public Utilities, Natural Gas Available
  • Sewer: Public Sewer
Parking
  • Carport - 2 or More
  • Space Per Unit - 1
  • Uncovered Park Spaces 2+
Living Area
  • 2,362 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Bay East© 2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at: 3/14/25 03:00