About 1283 University Ave
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.
Features of 1283 University Ave
| MLS® # | ML82011080 |
|---|---|
| Price | $999,000 |
| Square Footage | 2,650 |
| Square Footage | Assessor |
| Acres | 0.13 |
| Year Built | 1943 |
| Type | Multi-Residential |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 1283 University Ave |
|---|---|
| Area | Berkeley Map Area 4 |
| City | BERKELEY |
| County | Alameda |
| State | CA |
| Zip Code | 94702 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace, Electric Heat |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Composition Roof |
|---|---|
| Foundation | Wood Frame |
Additional Information
| Zoning | RM |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Eymon Binesh |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 650-546-1030 |