6
See all 6 photos
$1,399,000
Est. payment /mo
5,693 Sqft Lot
Active
1283 University Ave Berkeley, CA 94702-1724
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision North-West Berk
MLS Listing ID 41150360
HOA Y/N No
Year Built 1943
Lot Size 5,693 Sqft
Property Sub-Type Quadruplex
Property 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.
Location
State CA
County Alameda
Interior
Heating See Remarks
Fireplace No
Exterior
Total Parking Spaces 4
Others
Tax ID 57208125
Listed by Gregory Brock Coldwell Banker Realty #02199259
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