1337 University Ave

berkeley, CA 94702-1763

$600,000

  • sold

INTERESTED? LET'S CONNECT

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!

Details

5,000 Sq Ft Exterior Space

Investment

Built in 1944

MLS/Listing ID 41085208

4 Units

Amenities & Features

Construction - Asphalt

Parking - Carport

Listing Courtesy of KELLER WILLIAMS REALTY, JOEY WANG - 510-592-4244

CRMLS

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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