$7,125 Closing Credit¹
#41085208, Joey Wang, Listing Office: Keller Williams Realty
#41085207·
Listing Office: Keller Williams Realty·
Listing Agent: Joey Wang·
Listing Office Phone: 925-934-2900
$750,000 List price
1347 University Ave Berkeley, CA 94702
$8,906
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1347 University Ave
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. At just $675K per fourplex ($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!
Highlights
Home typeQuadruplex
HeatingNatural Gas, Wall Furnace
StatusActive
Lot size0.1182 Acres
Year built1943
ParkingCarport
MLS #41085207
Summary
- MLS Number: 41085207
- MLS Name: CRMLS
- Office Name: Keller Williams Realty
- Office Phone: (925) 934-2900
- Office Email: vivianmiller@kw.com
- Listing Agent: Joey Wang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$750,000
1347 University Ave
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $209,369 | $6,846 |
| 2023 | $205,264 | $6,846 |
| 2022 | $201,239 | $6,633 |
| 2021 | $197,294 | $6,584 |
| 2020 | $195,271 | $6,030 |
| 2019 | $191,443 | $5,423 |
| 2018 | $187,690 | $5,191 |
| 2017 | $184,011 | $5,191 |
History based on county public records data.
Nearby schools
6
Oxford Elementary School
Public District KG-5
0.2 mi
•1222 Univ Ave
6
Cragmont Elementary School
Public District KG-5
0.4 mi
•830 Regal Rd
8
Ruth Acty Elementary School
Public District KG-5
0.6 mi
•1400 Ada St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,824. Residents of Berkeley, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
32%
<35k
48%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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This home is located at 1347 University Ave in Berkeley, CA and zip code 94702 in the North Berkeley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $750,000.
Berkeley, CA housing market in January 2025 saw over 8 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. The number of listings in Berkeley, CA increased by 17.9% between December and January 2025. The median list price of listings available in January 2025 was $1,438,800, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.