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!
Property Details
Price:
$750,000
MLS #:
41085207
Status:
Active
Baths:
0
Address:
1347 University Ave
Type:
Residential Income
Subtype:
Quadruplex
City:
Berkeley
Listed Date:
Feb 8, 2025
State:
CA
ZIP:
94702
Lot Size:
5,150 sqft / 0.12 acres (approx)
Year Built:
1943
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Flooring
Wood, Carpet, Tile, Vinyl
Heating
Natural Gas, Wall Furnace
Exterior
Lot Features
Level with Street, Front Yard
Parking Features
Carport
Parking Spots
4.00
Sewer
Public Sewer
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address1347 University Ave Berkeley CA
- CityBerkeley
- CountyAlameda
- Zip Code94702-1710
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1347 University Ave
Berkeley, CA
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