1337 University Ave Berkeley, CA 94702
Fourth Street-Berkeley Marina Neighborhood
--
Bed
--
Bath
5,194
Sq Ft
10,150
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- Wood Flooring
- Hot Water Heating System
- Rosa Parks Elementary School Rated A
- No HOA
- Partially Fenced Property
About This Home
As of April 2025Two 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!
Last Agent to Sell the Property
Keller Williams Realty License #01890931 Listed on: 02/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,014
Year Built
- Built in 1944
Lot Details
- 10,150 Sq Ft Lot
- Partially Fenced Property
- Paved or Partially Paved Lot
Home Design
- Wood Shingle Exterior
- Shingle Siding
- Asphalt
- Stucco
Flooring
- Wood
- Partially Carpeted
- Tile
- Vinyl
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Carport
- Uncovered Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Wall Furnace
- Hot Water Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- 5,194 Sq Ft Building
- Bridge Aor Association
Listing and Financial Details
- Assessor Parcel Number 5720737
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%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,333
Avg. Annual Appreciation
19.66%
Original Mortgage
$660,000
Outstanding Balance
$659,445
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$215,888
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
Similar Homes in Berkeley, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2025
Joey Wang
Keller Williams Realty
(510) 592-5554
6 in this area
143 Total Sales
-
Buyer's Agent in 2025
Saundra Leonard
KW Bay Area Estates
(408) 482-3763
3 in this area
46 Total Sales
Map
Source: bridgeMLS
MLS Number: 41085101
APN: 057-2073-007-00
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.
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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