1347 University Ave , Berkeley, CA 94702-1710

  • $750,000
  • $750,000
1347 University Ave , Berkeley, CA 94702-1710
  • Quadruplex, Residential Income
  • Property Type
  • 1943
  • Year Built
Closed
1347 University Ave , Berkeley, CA 94702-1710
1347 University Ave , Berkeley, CA 94702-1710
  • $750,000
  • $750,000

Description

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!

  • Address 1347 University Ave
  • City Berkeley
  • State/county CA
  • Zip/Postal Code 94702-1710

Details

Updated on April 5, 2025 at 3:42 am
  • Property ID: 41085207
  • Price: $750,000
  • Land Area: 0.1182 Acres
  • Garage Size: x x
  • Year Built: 1943
  • Property Type: Quadruplex, Residential Income
  • Property Status: Closed

Additional details

  • Sewer: Public Sewer
  • Heating: Natural Gas,Wall Furnace
  • Flooring: Carpet, Tile, Vinyl, Wood
  • County: Alameda
  • Property Type: Residential Income
  • Parking: Carport

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