CA > Berkeley
Berkeley, CA 94709,1801 Milvia
Berkeley, CA 94709,1801 Milvia
Berkeley, CA 94709,1801 Milvia
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,800,000
Est. payment /mo
3,920 Sqft Lot
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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

Read Less Info
California Regional MLS (CRMLS)
Listed by Grant Chappell • NAI Northern California

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