There are multiple listings for this address:
1337 University Ave
Berkeley, CA, 94702-1763
$1,350,000
Beds
0 Baths
SqFt
0.23 Acres
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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!

Property Details

Price:
$1,350,000
MLS #:
41085101
Status:
Active
Baths:
0
Address:
1337 University Ave
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Feb 7, 2025
State:
CA
ZIP:
94702
Lot Size:
10,150 sqft / 0.23 acres (approx)
Year Built:
1944
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Schools

Interior

Appliances
Gas Water Heater
Cooling
None
Heating
Natural Gas, Wall Furnace

Exterior

Lot Features
Level with Street
Parking Spots
8.00

Financial

Association Fee
0.00
Tenant Pays
Gas

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Community

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1337 University Ave
Berkeley, CA
1337 University Ave
Berkeley, CA, 94702-1763
$600,000
Beds
0 Baths
SqFt
0.11 Acres
Add
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!

Property Details

Price:
$600,000
MLS #:
41085208
Status:
Active
Baths:
0
Address:
1337 University Ave
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Feb 8, 2025
State:
CA
ZIP:
94702
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1944
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Gas Water Heater
Cooling
None
Heating
Natural Gas, Wall Furnace

Exterior

Lot Features
Level with Street
Parking Spots
8.00

Financial

Association Fee
0.00
Tenant Pays
Gas

Map

Community

Similar Listings Nearby