Additional details
Listed by Natalya Blair • REB COMPANY
$1,200,000
Est. payment /mo
6 Beds
4 Baths
2,391 SqFt
UPDATED:
08/17/2024 01:54 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,391 sqft
Price per Sqft $501
Subdivision N Berkeley
MLS Listing ID 41068216
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board Bridge AOR
Year Built 1904
Lot Size 2,828 Sqft
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.
Location
State CA
County Alameda
Interior
Heating Other
Cooling None
Flooring Tile, Carpet, Other
Fireplaces Type Other
Fireplace Yes
Appliance Microwave
Laundry Other
Exterior
Garage Spaces 1.0
Pool None
Private Pool false
Building
Lot Description Other
Story 2
Water Public, Well
Architectural Style Other
Schools
School District Berkeley (510) 644-6150, Berkeley (510) 644-6150
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