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Listed by Eymon Binesh • Marcus & Millichap
$1,450,000
Est. payment /mo
4 Beds
4 Baths
2,650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $547
MLS Listing ID ML82011080
Bedrooms 4
Full Baths 4
Year Built 1943
Lot Size 5,693 Sqft
Property Sub-Type Fourplex
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 Berkeley Map Area 4
Zoning RM
Rooms
Kitchen Countertop - Formica
Interior
Heating Electric, Wall Furnace
Cooling None
Flooring Laminate, Vinyl / Linoleum
Exterior
Parking Features Off-Street Parking
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 2
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 057-2081-025
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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