$1,399,000
 $7,510 est/mo Sourced by Back At You

1283 University Ave,Berkeley, CA 94702

Berkeley, CA 94702

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Description

Prime Berkeley Quadruplex Investment Opportunity! Fantastic multi-family investment opportunity located at 1283 University Ave, Berkeley, CA. This property is ideally situated in a prime East Bay location just a short distance from U.C. Berkeley and local schools including Rosa Parks Elementary, Realm Charter Middle School, and Berkeley High School. The 2-story building features 4 bedrooms, 4 full bathroom. Located near UC Berkeley! 4 units, all 1 BR and 1 BA. Tenants in all units. Gas range and water heater in each unit. Separate electric meters. Landlord pays water and garbage. On site parking. Newer windows, roof, and floors. Gross monthly rental income: $10,282. Gross annual income: $123,384. Gross annual expenses: $23,950.Situated on a 56' x 104' lot in Alameda County (APN: 57-2081-25). A compelling value-add prospect for savvy investors looking to establish or expand their portfolio in the vibrant Berkeley market. City of Berkeley, single-family homes and duplexes must comply with the Building Emissions Saving Ordinance (BESO) to obtain a Home Energy Score.

Details

MLS #41150360
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1943
Days On Site16
Listing Provided ByColdwell Banker Realty | Gregory Brock

Features

Units4
Acreage0.13

Interior

HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoNo

Exterior

Construction MaterialsStucco

Area Information

StateCA
CountyAlameda
CityBerkeley
Zip Code94702
Community NameNORTH WEST BERK
Listing VS Median (in NORTH WEST BERK)
Price:
$1,399,000
low | high
Med:
$475,000
100% of Average
On site:
16
low | high
Med:
145
11.034482758621% of Average
Sourced by Back At You

Market Activity 94702

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Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyAlameda
CityBerkeley
Zip Code94702
Community NameNORTH WEST BERK
Listing VS Median (in NORTH WEST BERK)
Price:
$1,399,000
low | high
Med:
$475,000
100% of Average
On site:
16
low | high
Med:
145
11.034482758621% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.49M - $1.748M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1246 Berkeley Way Property Photo 1
$1,685,000
1246 Berkeley Way
Berkeley, CA 94702
Listing Updated: October 16, 2026 at 11:40:54 AM PDT