About 1801 Milvia
New to market, 1801 Milvia Street, a turnkey property comprising 5 fully remodeled units exuding modern elegance. The 3-story property consists of a desirable unit mix of one (1) 2bd/1ba unit, two (2) 4bd/2ba units, one (1) 2bd/2ba unit, and one (1) studio unit. With a new roof, electrical, and plumbing, this property offers the perfect blend of classic charm and contemporary convenience. Ideally situated just two blocks from UC Berkeley's main campus and a short walk from the Downtown BART Station, it provides unmatched access to the entire Bay Area. Strong cashflow with 10.5 GRM and 6.61% Cap Rate day one! The subject property is located less than four blocks from the northwest corner of campus, west of MLK Jr. Way, and near the public parks along Hearst Ave. This property appeals to students and commuters alike as it is conveniently located a few blocks from Downtown Berkeley BART Station, opening up access to the entire Bay Area. This property's size and location will continue to demand premium renters and maintain a very low vacancy rate.
Features of 1801 Milvia
| MLS® # | 41092602 |
|---|---|
| Price | $2,800,000 |
| Square Footage | 4,609 |
| Acres | 0.09 |
| Year Built | 1908 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | 5 or More Units |
| Status | Active |
Community Information
| Address | 1801 Milvia |
|---|---|
| City | Berkeley |
| County | Alameda |
| State | CA |
| Zip Code | 94709 |
Amenities
| Parking | No Parking on Site |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Front Yard, Street Light(s) |
|---|---|
| Construction | Shingle Siding |
Additional Information
| Date Listed | April 9th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Grant Chappell |
|---|---|
| Office | NAI Northern California |