1818 MILVIA ST
Berkeley, CA, 94704
$1,200,000
6 Beds
4 Baths
2,391 SqFt
0.06 Acres
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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.

Property Details

Price:
$1,200,000
MLS #:
41068216
Status:
Active
Beds:
6
Baths:
4
Address:
1818 MILVIA ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
N BERKELEY
City:
Berkeley
Listed Date:
Jul 31, 2024
State:
CA
Finished Sq Ft:
2,391
ZIP:
94704
Lot Size:
2,828 sqft / 0.06 acres (approx)
Year Built:
1904
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None
Flooring
Tile, Carpet, See Remarks
Heating
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Garage Spaces
1.00
Parking Features
Garage
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer, Other
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