CA > Berkeley > N Berkeley
Berkeley, CA 94704,1822 MILVIA ST
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$1,100,000
Est. payment /mo
8 Beds
6 Baths
2,645 SqFt
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UPDATED:

09/30/2024 06:39 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,645 sqft

Price per Sqft $415

Subdivision N Berkeley

MLS Listing ID 41068215

Bedrooms 8

Full Baths 6

HOA Y/N No

Year Built 1904

Lot Size 2,718 Sqft

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: 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.

Location

State CA

County Alameda

Zoning R2-A

Interior

Heating See Remarks

Cooling None

Flooring Carpet, See Remarks, Tile

Fireplace Yes

Exterior

Garage Garage

Garage Spaces 1.0

Garage Description 1.0

Pool None

Porch Porch

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Story Two

Entry Level Two

Sewer Public Sewer, Other

Water Other

Level or Stories Two

New Construction No

Schools

School District Berkeley

Others

Tax ID 057205600700

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

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California Regional MLS (CRMLS)
Listed by Natalya Blair • REB COMPANY

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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