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.
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LAST UPDATED
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6/14/2025
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YEAR BUILT
|
1943
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Alameda
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|
STATUS
|
Active
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PROPERTY TYPE(S)
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Multi Family
|
| AIR |
None |
| APPLIANCES |
Oven, Range |
| GARAGE |
Yes |
| HEAT |
Electric, Wall Furnace |
| LOT |
5693 sq ft |
| LOT DIMENSIONS |
5693.00 |
| PARKING |
Off Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| TAXES |
22594 |
| WATER |
Public |
| ZONING |
RM |
Listed by Eymon Binesh | 650-546-1030, Marcus & Millichap
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 7/1/25 10:19 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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