1337-1347 University Ave | Berkeley, CA 94702
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- LoopNet Team
1337-1347 University Ave
Berkeley, CA 94702
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 1337 & 1347 University sits on separate parcels, meaning they can be purchased together or separately.
- Generating a current rental income of $11,800/month and market potential reaching $17,000/month, there is significant rental upside.
- Positioned on a major street, just a short walk from a diverse array of endless amenities, including steps away from Target and North Berkeley BART.
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,194 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1944 |
| Lot Size | 0.23 AC | Parking Ratio | 3.04/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,194 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1944 |
| Parking Ratio | 3.04/1,000 SF |
AMENITIES
UNIT AMENITIES
- Fireplace
- Heating
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,616 | 555 - 584 |
| 2+1 | 2 | $904.00 | 702 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $315,852 | |
| Land Assessment | $133,800 | Total Assessment | $449,652 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$133,800
Improvements Assessment
$315,852
Total Assessment
$449,652
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