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1801 Milvia Berkeley, CA 94709
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41092602
HOA Y/N No
Year Built 1908
Lot Size 3,920 Sqft
Property Description
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.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling None
Fireplace No
Others
Tax ID 57205020
Listed by Grant Chappell • NAI Northern California