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: 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.
Open House
Property Details and Features
-
Appliances & Equipment
- Appliances: “Microwave”
- Other Equipment: “Other”
-
Bathrooms
- 4 full bathrooms
- 4 total bathrooms
-
Bedrooms
- 6 bedrooms
-
Building
- Construction Materials: “Other”
- Living Area: 2391
- Year Built: 1904
- Level – Street: “4 Bedrooms”, “3 Baths”
- Level – Upper: “4 Bedrooms”, “3 Baths”
-
Cooling
- Cooling: “None”
-
Fireplaces
- Fireplace Included
-
Floors
- Flooring: “Tile”, “Carpet”, “Other”
-
Garage
- 1 garage space
- Garage Included
-
Heating
- Heating: “Other”
- Heating Included
-
Laundry
- Features: “Other”
-
Location
- Subdivision Name: N Berkeley
-
Lot
- Lot Features: “Other”
- Lot Size Acres: 0.06
- Lot Size Area: 2828
- Lot Size Square Feet: 2828
- Parcel Number: 057205600600
-
Parking
- Parking Features: “Garage”
-
Pool
- Pool Features: “None”
-
Property
- Property Condition: “Existing”
- Property Sub Type: Single Family Residence
-
Roof
- Roof: “Other”
-
Schools
- High School District: Berkeley (510) 644-6150
- Elementary School District: Berkeley (510) 644-6150
-
Utilities
- Electric: “No Solar”
- Water Source: “Public”, “Well”
-
Listing
- Sale/rent: For Sale
- $502 per square foot