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$ 1,450,000
Est. payment /mo
New
1283 University AVE Berkeley, CA 94702
2,650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $547
MLS Listing ID ML82011080
HOA Y/N No
Year Built 1943
Annual Tax Amount $22,594
Lot Size 5,693 Sqft
Property Sub-Type Quadruplex
Property Description
Marcus & Millichap has been selected to exclusively market for sale 1283 University Ave, an exceptional asset located in the thriving city of Berkeley, California. Situated on a large parcel of land totaling 5,693 square feet, the property offers its tenants four (4) spacious one-bedroom/one-bathroom floor plans. 1283 University is conveniently located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized institution and prides itself on being the number one public university in the nation and the fourth best globally. 1283 University Ave is one of the highest current CAP rates of any four-plex on market, and presents an attractive choice for investors looking to expand their portfolio in core Bay Area.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Exterior
Parking Features Off Street
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
View Y/N No
Roof Type Composition
Accessibility Parking
Total Parking Spaces 4
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 0572081025
Special Listing Condition Standard
Listed by Eymon Binesh • Marcus & Millichap