1. California
  2. Berkeley
  3. 1822 MILVIA ST
$1,100,000

1822 MILVIA ST, Berkeley, CA 94704

  • 8 beds |
  • 6 baths |
  • 2,645 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon2,718sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $416/sqft
  • Property List Date Icon Listed 0 years ago

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.

Listing Status:
Pending
Date Added:
July 31, 2024 at 05:00AM
Listing Office:
REB COMPANY : 510-541-4862
Listing Agent:
Natalya Blair : 510-541-4862
MLS ID:
41068215

This listing courtesy of Natalya Blair, REB COMPANY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Berkeley Arts Magnet at Whittier (BAM)

1645 Milvia St, Berkeley, CA, 94709

Grades KG-5

0.20 miles away

M

Martin Luther King Jr. Middle School

1781 Rose St, Berkeley, CA, 94703

Grades 6-8

0.63 miles away

B

Berkeley High School

1980 Allston Way, Berkeley, CA, 94704

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.