1818 Milvia St, Berkeley, CA 94704 | For Sale

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For Sale $1,200,000 ($501.88 per Sq Ft)

$1,200,000 ($501.88 per Sq Ft)
  • (0)
  • 6 Bedrooms
  • 4 Bathrooms
  • 2,391 Sq Ft
  • 2,828 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,200,000
Property Type Single Family Homes
Usable Sqft 2,391
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 1904
Last Sold Unknown
Sold Price Unknown
APN # 057205600600
MLS # 41068216
Property ID 320721805
Lot Sqft 2,828
Zoning R2-A
Days on Market 116
Original List Price $1,200,000
Date Updated September 30, 2024
Date Created July 31, 2024
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Listing Provided By

Natalya Blair an agent of . Lic #01344673


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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