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.
Property Details
Price:
$1,100,000
MLS #:
41068215
Status:
Active
Beds:
8
Baths:
6
Address:
1822 MILVIA ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
N BERKELEY
City:
Berkeley
Listed Date:
Jul 31, 2024
State:
CA
Finished Sq Ft:
2,645
ZIP:
94704
Lot Size:
2,717 sqft / 0.06 acres (approx)
Year Built:
1904
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Schools
Interior
Cooling
None
Flooring
Tile, Carpet, See Remarks
Heating
See Remarks
Exterior
Garage Spaces
1.00
Parking Features
Garage
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer, Other
Water Source
Other
Financial
Map
Community
- Address1822 MILVIA ST Berkeley CA
- SubdivisionN BERKELEY
- CityBerkeley
- CountyAlameda
- Zip Code94704
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Courtesy of REB COMPANY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1822 MILVIA ST
Berkeley, CA
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