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Sold for $925,000 on 04/03/25
  • $925,000

    1347 University Ave, Berkeley, CA 94702

    4beds
    4baths
    2,362sqft
    Quadruplex
    Built in 1943
    -- sqft lot
    $888,400 Zestimate®
    $392/sqft
    $4,385 Estimated rent

    Owner options

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    $4,385/mo

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    $4,385/mo

    Rent Zestimate®

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    $5,748/mo

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    $5,748/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: April 04, 2025 at 08:16pm

    Listed by:

    Joey Wang DRE #01890931 510-592-4244,

    Keller Williams Realty

    Bought with:

    Saundra Leonard, DRE #00877856

    KW Bay Area Estates

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41085207MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Natural Gas, Wall Furnace, Hot Water
    Cooling
    • No Air Conditioning
    Appliances
    • Included: Dryer, Washer, Gas Water Heater
    • Laundry: Dryer, Gas Dryer Hookup, Laundry Closet, Washer, Washer/Dryer Hookups, Inside, Washer/Dryer Stacked Incl
    Features
    • Tub w/Shower Over
    • Flooring: Hardwood, Partial Carpeting, Tile, Vinyl
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 2,362
    • Total interior livable area: 2,362 sqft

    Property

    Parking
    • Parking features: Carport - 2 Or More, Space Per Unit - 1, Uncovered Park Spaces 2+
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Front Yard, Landscape Misc
    • Fencing: Partial Fence,Partial
    Lot
    • Size: 5,227 sqft
    • Features: Level, Landscape Front, Paved
    Details
    • Parcel number: 5720736
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete, Asphalt, Shingles, Siding - Stucco, Wood
    Condition
    • Year built: 1943

    Utilities & green energy

    • Utilities for property: All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
    Location
    • Region: Berkeley

    Other

    Other facts
    • Listing terms: None
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    Estimated market value
    $888,400