1337 University Ave, Berkeley, CA 94702
Fourplex · 2 recorded sales since 2025
Sold April 2025
Listing Agent: Joey Wang (DRE #01890931) · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Saundra Leonard · KW Bay Area Estates · MLS #41085208 · Source: CRMLS
About this fourplex
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!
Listing description from the April 2025 sale, as reported to CRMLS.
Sale history
