$925,000
SOLD APR 3, 2025

1347 University Ave Berkeley, CA 94702

Fourth Street-Berkeley Marina Neighborhood
4 Beds
4 Baths
2,362 Sq Ft
5,150 Sq Ft Lot

Recently Sold

$392 Per Sq Ft

23% Above List Price

20 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Landscaped
  • Rosa Parks Elementary School Rated A
  • Laundry closet
  • Hot Water Heating System

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

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

  • $7,035

Year Built

  • Built in 1943

Lot Details

  • 5,150 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

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

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
  • 2,362 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5720736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,035

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Year Built: 1943
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • 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: Dryer, Washer, Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 4
  • Interior Amenities: Tub w/Shower Over
  • 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, Landscape Misc

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: Dryer, Gas Dryer Hookup, Laundry Closet, Washer, Washer/Dryer Hookups, Inside, Washer/Dryer Stacked Incl
  • 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: 5150
  • Parcel Number: 5720736
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4222.00

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $925,000 +23.3% $392 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $750,000 -- $318 / Sq Ft
Source: bridgeMLS

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 $7,035 $209,369 $62,301 $147,068
2023 $6,846 $205,264 $61,080 $144,184
2022 $6,633 $201,239 $59,882 $141,357
2021 $6,584 $197,294 $58,708 $138,586
2020 $6,030 $195,271 $58,106 $137,165
2019 $5,569 $191,443 $56,967 $134,476
2018 $5,424 $187,690 $55,850 $131,840
2017 $5,192 $184,011 $54,756 $129,255
2016 $4,875 $180,404 $53,682 $126,722
2015 $4,789 $177,694 $52,876 $124,818
2014 $4,915 $174,213 $51,840 $122,373
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $925,000 Fidelity National Title Compan
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

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Source: bridgeMLS

MLS Number: 41085207

bridgeMLS

APN: 057-2073-006-00

California Alameda County Berkeley 94702 Fourth Street-Berkeley Marina

1347 University Ave, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 1347 University Ave, Berkeley, CA 94702 and is currently priced at $925,000, approximately $391 per square foot. This property was built in 1943. 1347 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.