Property photo 1
6 Beds
4 Baths
2,391 sqft

$950,000

1818 MILVIA ST, Berkeley CA, 94704

Price per sqft$397.32
Built in1904
Property size2,391 sqft
Property typeResidential

Overview

Sold

Listed Jul 31, 2024

Updated Jun 1

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.

Additional information

MLS® ID
41068216

Interior Features

Bedrooms
6
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Natalya Blair, with REB COMPANY
Listing Contact: 510-541-4862 

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