Courtesy of Natalya Blair, REB COMPANY
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.
Open House
Property Details and Features
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Appliances & Equipment
- Appliances: “Microwave”
- Other Equipment: “Other”
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Bathrooms
- 6 full bathrooms
- 6 total bathrooms
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Bedrooms
- 8 bedrooms
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Building
- Construction Materials: “Other”
- Living Area: 2645
- Year Built: 1904
- Level – Street: “4 Bedrooms”, “3 Baths”
- Level – Upper: “4 Bedrooms”, “3 Baths”
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Cooling
- Cooling: “None”
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Fireplaces
- Fireplace Included
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Floors
- Flooring: “Tile”, “Carpet”, “Other”
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Garage
- 1 garage space
- Garage Included
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Heating
- Heating: “Other”
- Heating Included
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Laundry
- Features: “Other”
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Location
- Subdivision Name: N Berkeley
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Lot
- Lot Features: “Other”
- Lot Size Acres: 0.06
- Lot Size Area: 2717
- Lot Size Square Feet: 2717
- Parcel Number: 057205600700
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Parking
- Parking Features: “Garage”
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Pool
- Pool Features: “None”
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Property
- Property Condition: “Existing”
- Property Sub Type: Single Family Residence
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Roof
- Roof: “Other”
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Schools
- High School District: Berkeley (510) 644-6150
- Elementary School District: Berkeley (510) 644-6150
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Utilities
- Electric: “No Solar”
- Water Source: “Public”, “Well”
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Listing
- Sale/rent: For Sale
- $416 per square foot