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.
MLS #
EB41068215
MLS Source
Bridge MLS
Days on Site
96
Kitchen
Countertop - Stone, Other
Appliances
Microwave, Other
Dining Room
Other
Fireplace
Other
Flooring
Carpet - Wall to Wall, Other, Tile
Laundry
Other
Cooling
None
Heating
Other
Roof
Other
Pool
None, Pool - No
Style
Other
Garage/Parking
Garage, Garage: 1 Car(s)
Elementary District
Berkeley Unified
High School District
Berkeley Unified
Sewer
Public Sewer
Water
Other, Public
Zoning
R2-A
1822 Milvia St is a Single Family Residence in Berkeley, CA 94704. This 2,645 square foot property sits on a 2,717 Sq Ft Lot and features 8 bedrooms & 6 full bathrooms. It is currently priced at $1,100,000 and was built in 1904.
This address can also be written as 1822 Milvia St, Berkeley, CA 94704.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of August 17, 2024. For the most current information, please contact Natalya Blair, (510) 541-4862