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1337 University Ave

Berkeley, CA 94702

$825,000
Last Sold Price
6
Beds
Baths
2,832 Sq. Ft.
$291 / Sq. Ft.
2,832
Sq. Ft.
$291
per Sq. Ft.

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...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!

Property Details for 1337 University Avenue

City
BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Spaces per Unit - 1
Park Spaces Total
4

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By KW Bay Area Estates, Saundra Leonard, DRE #00877856

Add your commute
LISTING UPDATED: 04/04/2025 08:14 PM

Property Details for 1337 University Avenue

StatusSold
MLS #41085208
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1944
Lot Size0.11 AC / 5,000 SF
CountyAlameda County

Building Information for 1337 University Avenue

Stories-Residences4Year Built1944Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$4,991 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,323

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1337 University Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Partial Carpeting, Tile, Vinyl
  • Laundry: Gas Dryer Hookup, In Closet, Inside Unit, Washer/Dryer Hookups
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Gas, Hot Water, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: All Public Utilities, Carbon Mon Detector, Double Strapped Water Htr, Individual Electric Meter, Individual Gas Meter, Natural Gas Available, Natural Gas Connected, Smoke Detector, Water Heater Gas, Window Coverings
  • City Transfer Tax: Yes
  • Exterior: Asphalt, Concrete, Shingles, Siding - Stucco, Wood
  • Lot Description: Landscape Front, Level, Partial Fence, Paved
  • Lot Sq Ft Apx: 5000
  • Lot Size Square Feet: 5000.0
  • Roof: Shingle
  • Sq Ft Apx: 2832
  • Yard Description: Front Yard, Landscape Front, Partial Fence, Patio, Side Yard
  • Year Built: 1944
  • Acres: 0.11
Location Details
  • Directions to Property: East on University Ave
  • FIPS Code: 06001
  • Census Tract: 4222.00
  • Parcel Number: 57-2073-7
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Patio, Updated Kitchen
  • Some Units Have: Patio, Updated Baths
  • Units Total: 4
  • Basement: None
  • Parking Description: Carport - 2 Or More, Space Per Unit - 1, Uncovered Park Spaces 2+
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month, Security Deposit, Written Agreement
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Annual Gross Sched Income: $62,412
  • Operating Expenses: Insurance, License/Ads, Maintenance/Repair, Management, Trash Removal
Unit 1 Details
  • Unit #/Address - 1: 1
  • Occupied By 1: Tenant
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 584
  • Rent 1: 1710
Unit 2 Details
  • Unit #/Address - 2: 2
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 702
  • Rent 2: 880
Unit 3 Details
  • Unit #/Address - 3: 3
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 584
  • Rent 3: 1683
Unit 4 Details
  • Unit #/Address - 4: 4
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 702
  • Rent 4: 928
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Extra Storage
Additional Information
Additional Information
  • Fireplace: No

Property History for 1337 University Avenue

DateEvent & SourcePriceAppreciation
Apr 3, 2025

Sold

MLSListings #MR41085208

$825,000
Apr 3, 2025

Sold

EBRD #41085208

$825,000
Apr 2, 2025

Sold (Public Record)

Public Record #1556511046

$115,500
Apr 1, 2025

Sold

EBRD #41085101

$1,750,000
Apr 1, 2025

Sold

MLSListings #MR41085101

$1,750,000
Mar 26, 2025

Sold (Public Record)

Public Record #1555560084

$825,000
Mar 26, 2025

Sold (Public Record)

Public Record #1555560084

$825,000
Mar 19, 2025

Pending

EBRD #41085208

Mar 19, 2025

Contingent - Show

EBRD #41085208

Feb 28, 2025

Pending

MLSListings #MR41085208

Feb 28, 2025

Pending

MLSListings #MR41085101

Feb 28, 2025

Pending

EBRD #41085208

Feb 28, 2025

Pending

EBRD #41085101

Feb 8, 2025

Listed (Active)

MLSListings #MR41085208

$600,000
Feb 8, 2025

Listed (Active)

EBRD #41085208

$600,000
Feb 7, 2025

Listed (Active)

MLSListings #MR41085101

$1,350,000
Feb 7, 2025

Listed (Active)

EBRD #41085101

$1,350,000
DateEvent & SourcePrice
04/03/2025

Sold

MLSListings #MR41085208

$825,000
04/03/2025

Sold

EBRD #41085208

$825,000
04/02/2025

Sold (Public Record)

Public Record #1556511046

$115,500
04/01/2025

Sold

EBRD #41085101

$1,750,000
04/01/2025

Sold

MLSListings #MR41085101

$1,750,000
03/26/2025

Sold (Public Record)

Public Record #1555560084

$825,000
03/26/2025

Sold (Public Record)

Public Record #1555560084

$825,000
03/19/2025

Pending

EBRD #41085208

03/19/2025

Contingent - Show

EBRD #41085208

02/28/2025

Pending

MLSListings #MR41085208

02/28/2025

Pending

MLSListings #MR41085101

02/28/2025

Pending

EBRD #41085208

02/28/2025

Pending

EBRD #41085101

02/08/2025

Listed (Active)

MLSListings #MR41085208

$600,000
02/08/2025

Listed (Active)

EBRD #41085208

$600,000
02/07/2025

Listed (Active)

MLSListings #MR41085101

$1,350,000
02/07/2025

Listed (Active)

EBRD #41085101

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1337 University Avenue

Taxable ValueLand$68,876Additions$162,593Total$231,469
Tax Record2024$8,014 ($668 / month)
Home Facts
Total Finished SqFt2,832 SqFtAbove Grade Finished SqFt2,832 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built1944CountyALAMEDAAPN57-2073-7

Schools near 1337 University Avenue

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Berkeley Arts Magnet at Whittier School
PublicK to 5

Thousand Oaks Elementary School
PublicK to 5

Ruth Acty Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.