Marcus & Millichap has been selected to exclusively market for sale 1283 University Ave, an exceptional asset located in the thriving city of Berkeley, California. Situated on a large parcel of land totaling 5,693 square feet, the property offers its tenants four (4) spacious one-bedroom/one-bathroom floor plans. 1283 University is conveniently located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized institution and prides itself on being the number one public university in the nation and the fourth best globally. 1283 University Ave is one of the highest current CAP rates of any four-plex on market, and presents an attractive choice for investors looking to expand their portfolio in core Bay Area.
For sale
$1,450,000
1283 University Ave, Berkeley, CA 94702
--beds
--baths
2,650sqft
Est.:
Quadruplex,
Built in 1943
-- sqft lot
$-- Zestimate®
$547/sqft
$-- HOA
What's special
Large parcel of land
- 52 days
- on Zillow |
- 428 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 02:22am
Listed by:
Eymon Binesh 02060059 650-546-1030,
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML82011080

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Kitchen
- Features: Countertop_Formica
Heating
- Electric, Wall Furnace
Cooling
- None
Features
- Flooring: Laminate, Vinyl Linoleum
Interior area
- Total structure area: 2,650
- Total interior livable area: 2,650 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Accessibility
- Accessibility features: Parking
Features
- Stories: 2
Lot
- Size: 5,693 Square Feet
Details
- Parcel number: 0572081025
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex,
Materials
- Foundation: Wood Frame
- Roof: Composition
Condition
- Year built: 1943
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Berkeley
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $209,951
- Annual tax amount: $22,594
- Date on market: 6/14/2025
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Building, Land, OvenRangeAllUnits
- Lease term: Month To Month
- Loading
- Loading