Marcus & Millichap has been selected to exclusively market for sale 1283 University Ave, an exceptional asset located in the thriving city of Berkeley, California. Situated on a large parcel of land totaling 5,693 square feet, the property offers its tenants four (4) spacious one-bedroom/one-bathroom floor plans. 1283 University is conveniently located within close proximity to the University of California, Berkeley and Downtown Berkeley’s Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized institution and prides itself on being the number one public university in the nation and the fourth best globally. 1283 University Ave is one of the highest current CAP rates of any four-plex on market, and presents an attractive choice for investors looking to expand their portfolio in core Bay Area.
Property Details
Price:
$1,450,000
MLS #:
ML82011080
Status:
Active
Baths:
0
Address:
1283 University Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Berkeley
Listed Date:
Jun 14, 2025
State:
CA
ZIP:
94702
Lot Size:
5,693 sqft / 0.13 acres (approx)
Year Built:
1943
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Schools
Interior
Accessibility Features
Parking
Cooling
None
Flooring
Laminate
Heating
Electric, Wall Furnace
Exterior
Garage Spaces
4.00
Parking Features
Off Street
Parking Spots
4.00
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Taxes
$22,594
Map
Community
- Address1283 University Avenue Berkeley CA
- Area699 – Not Defined
- CityBerkeley
- CountyAlameda
- Zip Code94702
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1283 University Avenue
Berkeley, CA
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