1818 Milvia St
Berkeley, CA 94704
- 6 beds
- 4 baths
- 2,391 sqft
- 2,828 sqft lot
- $501 per sqft
- 1904 build
- – on site
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 courtesy of BRIDGE / REB COMPANY
Last checked:
Checking…
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Last updated Dec 15, 2024
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MLS# 41068216 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1904
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Building Area Units:Square Feet
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New Construction:false
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Construction Materials:Other
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Architectural Style:Other
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Stories:2
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Levels:Two Story
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Other Equipment:Other
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Building Area Total:2391
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Building Area Source:Public Records
Interior
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Interior Features:Stone Counters
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Kitchen Features:Counter - Stone, Microwave, Other
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Flooring:Tile
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Rooms Total:6
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Fireplace:true
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Fireplace Features:Other
Room Dimensions
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Living Area:2391
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Living Area Units:Square Feet
Location
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Directions:Hearst Ave to Milvia St
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Existing
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Exterior Features:Other
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Parcel Number:057205600600
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Zoning:R2-A
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Lot Features:Other
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Lot Size Area:0.06
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Lot Size Acres:0.06
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Lot Size SqFt:2828
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Lot Size Units:Acres
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Fencing:Partial
Listing Agent
- Contact info:
- Agent phone:
- (510) 541-4862
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Listing TermsCash
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Other
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:Other Water/Sewer
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Electric:No Solar
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Microwave
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Laundry Features:Other
Schools
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High School District:Berkeley (510) 644-6150
The Community
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Subdivision Name:N BERKELEY
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Association:false
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1
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Carport:false
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Parking Features:Garage
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Covered Spaces:1
Monthly cost estimate
Asking price
$1,200,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,425
|
Taxes | N/A |
Insurance | $330 |
Utilities | $256 See report |
Total | $7,011/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/31/24
Jul 31, 2024
|
Listed / Active | BRIDGE | $1,200,000 | -27.3% (-3.0% / YR) |
6/16/15
Jun 16, 2015
|
CRMLS_CA | $1,650,000 |
89% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $262k above asking price on average, but some went as high as $921k over asking price.