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$1,495,000
Est. payment /mo
2,827 Sqft Lot
Open House
Sat Aug 15, 1:00pm - 4:00pm
Sun Aug 16, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision N. Berkeley
MLS Listing ID 41144684
HOA Y/N No
Year Built 1904
Lot Size 2,827 Sqft
Property Sub-Type Duplex
Property Description
Rare opportunity to own a substantially renovated duplex in a prime North Berkeley location, just blocks from UC Berkeley and an easy walk to campus, Downtown Berkeley, BART, restaurants and shopping. 1818 Milvia features two spacious 3-bedroom, 2-bath residences, each with an open-concept floor plan and a primary bedroom with ensuite bath. Both units have been extensively remodeled with new kitchens, cabinetry, countertops and appliances; updated bathrooms; new flooring, doors, paint and windows; and in-unit washer/dryer hookups. Major systems have also been upgraded, including new water, gas and DWV plumbing, new electrical wiring and subpanels, tankless water heater, and energy-efficient mini-split heating and air conditioning. Gas and electricity are separately metered for each unit. A new driveway provides two valuable off-street parking spaces at the rear. For investors, the combination of 3BR/2BA layouts, ensuite primary bedrooms, in-unit laundry, heat and A/C, parking, updated interiors and proximity to UC Berkeley positions the property for strong rental demand and income potential. For owner-occupants, live in one beautifully renovated residence while generating income from the other. Turnkey condition, extensive upgrades and an exceptional North Berkeley location make 1818 Milvia a compelling opportunity for investors and owner-occupants alike.
Location
State CA
County Alameda
Interior
Heating Heat Pump
Flooring Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard
Others
Tax ID 5720566
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Listed by Francisco Valdez Compass #01858228
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NEARBY SCHOOL & BUSINESS
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