$1,200,000
1818 MILVIA ST Berkeley, CA 94704
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$1,200,000
Est. payment /mo
6 BD
4 BA
2,827 Sqft Lot
Active
1818 MILVIA ST Berkeley, CA 94704
UPDATED:
09/30/2024 06:39 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision N Berkeley
MLS Listing ID 41068216
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1904
Lot Size 2,827 Sqft
Property Description
PRIME INVESTMENT OPPORTUNITY: FULLY ENTITLED PROPERTIES FOR DEVELOPMENT! These duplexes, located at 1818 Milvia St and 1822 Milvia St adjacent to Ohlone Park, present a unique and lucrative investment opportunity. With two separate parcels, each fully entitled for development, this sale appeals to a broad spectrum of potential buyers, including investors, developers, and multi-generational families. Property Highlights: Flexible Sale Options: Each property is available for individual purchase, or both can be acquired together. Ideal for Multiple Uses: Whether for investment, development, or family living, these properties offer versatile opportunities. Reconfiguration: Expansion: Lift the existing two-story duplex to add a third story below.The ground floor will feature 2BR, 2BA, and a 1-car garage. The two-story second unit above will feature 6BR, 3BA, and a covered balcony. Demolish the non-conforming garage. The new project will be 3,400SqFt. Investment Potential: High Demand Location: Close proximity to UC Berkeley, Downtown Berkeley, schools, restaurants, cafes, and essential services makes this a highly desirable area. The local real estate market presents substantial appreciation potential. Ideal for rental properties, multi-family living, or resale.
Location
State CA
County Alameda
Zoning R2-A
Interior
Heating See Remarks
Cooling None
Flooring Carpet, See Remarks, Tile
Fireplace Yes
Exterior
Garage Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Porch Porch
Parking Type Garage
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Story Two
Entry Level Two
Sewer Public Sewer, Other
Water Other
Level or Stories Two
New Construction No
Schools
School District Berkeley
Others
Tax ID 057205600600
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Listed by Natalya Blair • REB COMPANY
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