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!
Sold for $825,000 on 04/03/25
$825,000
1337 University Ave, Berkeley, CA 94702
6beds
4baths
2,832sqft
Quadruplex
Built in 1944
-- sqft lot
$792,000 Zestimate®
$291/sqft
$3,709 Estimated rent
Home value
$792,000
$713,000 - $879,000
$3,709/mo
Zestimate® history
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What's special
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#: 41085208
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Natural Gas, Wall Furnace, Hot Water
Cooling
- No Air Conditioning
Appliances
- Laundry: Gas Dryer Hookup, In Unit, Washer/Dryer Hookups
Features
- Updated Kitchen, Storage
- Flooring: Partial Carpeting, Tile, Vinyl
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 2,832
- Total interior livable area: 2,832 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, Side Yard, Landscape Front
- Fencing: Partial Fence,Partial
Lot
- Size: 4,791 sqft
- Features: Level, Paved
Details
- Parcel number: 5720737
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete, Asphalt, Shingles, Siding - Stucco, Wood
Condition
- Year built: 1944
Utilities & green energy
- Utilities for property: 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
Location
- Region: Berkeley
Other
Other facts
- Listing terms: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Sold | $825,000+37.5%$291/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41085208 | ||
| 3/1/2025 | Pending sale | $600,000$212/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41085208 | ||
| 2/8/2025 | Listed for sale | $600,000$212/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41085208 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $236,097 +2% |
| 2024 | $8,014 +2.7% | $231,469 +2% |
| 2023 | $7,802 +3.2% | $226,930 +2% |
Find assessor info on the county website
Neighborhood: North Berkeley
Nearby schools
GreatSchools rating
- 7/10Oxford Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Martin Luther King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Berkeley High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$792,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$792,000