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Property view

1337 University Ave, 
Berkeley, CA 94702

$825,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Joey Wang

Bought with KW Bay Area Estates

Keller Williams Realty

925-934-2900

MLS#

41085208

Source:

CRMLS

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About This Home

1337 University Ave

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!

Home Facts

Multi-Family

Built in 1944

Price Summary

600,000

MLS #:

41085208

Sold:

April 3, 2025


Structure

Structure

Year Built:

1944


Lot

Lot Size (Sq. Ft):

5,000


Finances & Disclosures

Finances

Price:

$600,000

Source:CRMLS
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