1818 Milvia St

Berkeley, CA 94704

$1,200,000

List Price

6

bed Beds

4

shower Baths

2,391 sqft

straighten / sqft

1904

calendar_month Built

Property 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.

Listing Information

List Price $1,200,000
Status Active
MLS 41068216
Type Residential
Subtype Single Family Residence
Year Built 1904
Lot Size 2,828
Structure Size 2,391
DOM 16
Courtesy Of REB COMPANY
Listing Agent Natalya Blair DRE#01344673

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Flooring Information
Material Carpet, See Remarks, Tile
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Porch

Maps

Listing information courtesy of: Natalya Blair, REB COMPANY . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 17th, 2024 at 3:45 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.