$1,200,000
For Sale

1818 MILVIA ST

Berkeley, CA 94704
2391 sqft | 6 beds | 4 baths | 0.06 acres | #41068216
Listing OfficeREB COMPANY
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Sewer InformationPublicSewer, Other
      • SubdivisionN BERKELEY
      • Original List Price$1,200,000
      • Property TypePurchase
      • School DistrictBerkeley
      • MLS #41068216
      • MLS #41068216
      • CountyAlameda
      • Cost1200000
      • Acres0.0649
      • Utility SourceOther
      • Square Feet2391
      • Year Built1904
      • Bedrooms6
      • Bathrooms4
      • Full Baths4
      • Parking Spaces1

Location

Wendy Johnson and Janey SmithReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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