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: Transform the existing two-story duplex into a three-story structure with 6BR, 4.5BA, and remove an unauthorized second unit in the back. Parking: Remove parking in the rear and replace it with a one-car garage in front of the building.The total square footage of the new project will be 2,723SqFt. 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.
The income description goes here to explain
List Price | $1,100,000 |
Property Type | Single Family Homes |
Usable Sqft | 2,645 |
Number of Stories | 0 stories |
Parking Spots | 1 spots |
Year Built | 1904 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 057205600700 |
MLS # | 41068215 |
Property ID | 320721806 |
Lot Sqft | 2,717 |
Zoning | R2-A |
Days on Market | 116 |
Original List Price | $1,100,000 |
Date Updated | September 30, 2024 |
Date Created | July 31, 2024 |
Natalya Blair an agent of . Lic #01344673
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT