Berkeley, CA 94709
$2,700,000
Bed
0
Bath
0
Living Space
6,722 SqFt
Year Built
1961
Lot Size
6,750 SqFt
Days
47
Located in one of Berkeley's most sought-after residential corridors, 1614 Milvia Street presents a compelling opportunity to acquire an eleven-unit apartment building consisting of (11) one-bedroom, one-bathroom units. Built in 1961, the property offers approximately 6,722 square feet of building area situated on a 6,750 square foot lot, delivering an efficient and well-proportioned multifamily asset in the heart of the East Bay's strongest rental market. Notably, (5) units will be delivered vacant at close of escrow, offering an investor the immediate ability to lease at current market rents and capture significant upside from day one. Ideally positioned just blocks from the UC Berkeley campus, Downtown Berkeley, and the energy of University Avenue, the property benefits from immediate proximity to Andronico's Community Market, BART, and the full complement of dining, retail, and cultural amenities that define this vibrant neighborhood. This premier Berkeley location commands consistent tenant demand driven by the university's academic calendar, a deep pool of professional and graduate renters, and the area's enduring desirability among long-term residents making 1614 Milvia Street an exceptional addition to any Bay Area multifamily portfolio.
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- Berkeley Arts Magnet at Whittier (Elementary) - GreatSchools rating 10/10 - Berkeley Arts Magnet at Whittier (Middle) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Ohlone Park, located on Hearst Avenue from Milvia Street to Bonita Avenue, is a five-block-long green space featuring a softball field, basketball court, and play areas. John Hinkel Park, situated in the hills of North Berkeley, offers oak and bay groves, stone terraces, and winding paths, along with a playground and amphitheater.
The property is located in the North Berkeley neighborhood, known for its tree-lined streets, historic architecture, and vibrant community atmosphere. This area is characterized by its cultural diversity, progressive mindset, and a mix of residents including families, students, and professionals. Commercial districts like Solano Avenue and Shattuck Avenue offer a variety of dining options, boutique stores, and cultural hubs, with a strong emphasis on locally sourced and organic products. Sobo Ramen Berkeley is a dining option located at 2000 Milvia Street.
This location is a Walker's Paradise with a Walk Score of 97 out of 100. Transit is also convenient, with a Transit Score of 68 out of 100. Nearby transit options include the Orange and Red BART lines, as well as multiple bus lines such as the 79, 12, and 18.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Berkeley Arts Magnet at Whittier (Elementary) - GreatSchools rating 10/10 - Berkeley Arts Magnet at Whittier (Middle) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Ohlone Park, located on Hearst Avenue from Milvia Street to Bonita Avenue, is a five-block-long green space featuring a softball field, basketball court, and play areas. John Hinkel Park, situated in the hills of North Berkeley, offers oak and bay groves, stone terraces, and winding paths, along with a playground and amphitheater.
The property is located in the North Berkeley neighborhood, known for its tree-lined streets, historic architecture, and vibrant community atmosphere. This area is characterized by its cultural diversity, progressive mindset, and a mix of residents including families, students, and professionals. Commercial districts like Solano Avenue and Shattuck Avenue offer a variety of dining options, boutique stores, and cultural hubs, with a strong emphasis on locally sourced and organic products. Sobo Ramen Berkeley is a dining option located at 2000 Milvia Street.
This location is a Walker's Paradise with a Walk Score of 97 out of 100. Transit is also convenient, with a Transit Score of 68 out of 100. Nearby transit options include the Orange and Red BART lines, as well as multiple bus lines such as the 79, 12, and 18.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.