$825,000
SOLD APR 3, 2025

1337 University Ave Berkeley, CA 94702

Fourth Street-Berkeley Marina Neighborhood
6 Beds
4 Baths
2,832 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$291 Per Sq Ft

38% Above List Price

20 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Laundry closet
  • Rosa Parks Elementary School Rated A
  • No HOA
  • Landscaped

About This Home

As of April 2025

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!

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 02/08/2025

Keller Williams Realty

Last Buyer's Agent

Saundra Leonard

KW Bay Area Estates License #00877856

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,014

Year Built

  • Built in 1944

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • Carport

Home Design

  • Quadruplex
  • Wood Shingle Exterior
  • Shingle Siding
  • Asphalt
  • Stucco

Kitchen

  • Updated Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,832 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5720737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,014

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Year Built: 1944
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Directions: East on University Ave
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting, Tile, Vinyl
  • Basement: None
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 6
  • Interior Amenities: Updated Kitchen, Storage
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Partial Fence, Partial
  • Lot Features: Level, Landscape Front, Paved
  • Construction Type: Concrete, Asphalt, Shingles, Siding - Stucco, Wood
  • Exterior Features: Front Yard, Side Yard, Landscape Front

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More, Space Per Unit - 1, Uncovered Park Spaces 2+

Utilities

  • Heating: Natural Gas, Wall Furnace, Hot Water
  • Utilities: All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Gas Dryer Hookup, Laundry Closet, In Unit, Washer/Dryer Hookups
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 5720737
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4222.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Mar 26, 2025
Sold by
Shu Bong Wong And Kwan Foon Wong Living and Wong Jean
Bought by
Fard
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Saundra Leonard
KW Bay Area Estates
List Price
$600,000
Sold Price
$825,000
Premium/Discount to List
$225,000
37.5%
Total Days on Market
20
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-70.87%
Original Mortgage
$660,000
Outstanding Balance
$659,445
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$14,820

Purchase Details

Closed on
Jun 4, 2009
Sold by
Wong Wong Kwan Foon Kwan Foon and Wong Shu Bong
Bought by
Wong Kwan Foon and Survivors Trust Shu Bong Wong

Purchase Details

Closed on
Dec 5, 1994
Sold by
Wong Shu B and Wong Kwan F
Bought by
Wong Shu Bong and Wong Kwan Foon

Purchase Details

Closed on
Nov 29, 1994
Sold by
Wong Jeanne Y
Bought by
Wong Shu Bong and Wong Kwan Foon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $825,000 Fidelity National Title Compan
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $825,000 -52.9% $291 / Sq Ft
04/01/2025 04/01/25 Sold $1,750,000 +191.7% $337 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/28/2025 02/28/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $600,000 -55.6% $212 / Sq Ft
02/07/2025 02/07/25 For Sale $1,350,000 -- $260 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,014 $231,469 $68,876 $162,593
2023 $7,802 $226,930 $67,525 $159,405
2022 $7,558 $222,481 $66,201 $156,280
2021 $7,504 $218,119 $64,903 $153,216
2020 $6,845 $215,883 $64,238 $151,645
2019 $6,294 $211,651 $62,979 $148,672
2018 $6,128 $207,502 $61,744 $145,758
2017 $5,875 $203,434 $60,534 $142,900
2016 $5,501 $199,446 $59,347 $140,099
2015 $5,403 $196,451 $58,456 $137,995
2014 $5,560 $192,603 $57,311 $135,292
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2025

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    5 in this area

    125 Total Sales

    Joey Wang
    Section Image
  • Saundra Leonard

    Buyer's Agent in 2025

    Saundra Leonard

    KW Bay Area Estates

    (408) 482-3763

    3 in this area

    46 Total Sales

    Saundra Leonard
    Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 41085208

bridgeMLS

APN: 057-2073-007-00

California Alameda County Berkeley 94702 Fourth Street-Berkeley Marina

1337 University Ave, Berkeley, CA

This home is located at 1337 University Ave, Berkeley, CA 94702 and is currently priced at $825,000, approximately $291 per square foot. This property was built in 1944. 1337 University Ave is a home located in Alameda County with nearby schools including Rosa Parks Elementary School, Ruth Acty Elementary, and Berkeley Arts Magnet at Whittier School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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