Berkeley, CA 94709
$2,700,000
Bed
0
Bath
0
Living Space
6,722 SqFt
Year Built
1961
Lot Size
6,750 SqFt
Days
92
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.
Listing provided courtesy ofGabriel Manzanares License 02051583 Compass
Data provided by MLSListings Inc.
- Berkeley Arts Magnet at Whittier School (Elementary) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Ohlone Park is a five-block-long stretch of green space located on Hearst Ave. from Milvia St. to Bonita Ave.. It offers recreational activities, playgrounds, a community garden, and an off-leash dog area. Cedar Rose Park, located at 1300 Rose St., is a spacious neighborhood park with open fields, play areas, and recreational amenities, including playgrounds and sports courts.
The property is located in the North Berkeley neighborhood, which is known for its tree-lined streets and classic Craftsman homes, contributing to a warm and welcoming charm. This area is recognized for its sophisticated, walkable, and family-friendly lifestyle, featuring artisan bakeries, gourmet markets, and cozy cafes.
This location is a Walker's Paradise with a Walk Score of 97 out of 100, and has Good Transit with a Transit Score of 69/100. Daily errands do not require a car. Nearby transit options include bus lines 79, 12, 18, 7, FS, 67, and F, as well as BART lines Orange and Red.
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 School (Elementary) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Ohlone Park is a five-block-long stretch of green space located on Hearst Ave. from Milvia St. to Bonita Ave.. It offers recreational activities, playgrounds, a community garden, and an off-leash dog area. Cedar Rose Park, located at 1300 Rose St., is a spacious neighborhood park with open fields, play areas, and recreational amenities, including playgrounds and sports courts.
The property is located in the North Berkeley neighborhood, which is known for its tree-lined streets and classic Craftsman homes, contributing to a warm and welcoming charm. This area is recognized for its sophisticated, walkable, and family-friendly lifestyle, featuring artisan bakeries, gourmet markets, and cozy cafes.
This location is a Walker's Paradise with a Walk Score of 97 out of 100, and has Good Transit with a Transit Score of 69/100. Daily errands do not require a car. Nearby transit options include bus lines 79, 12, 18, 7, FS, 67, and F, as well as BART lines Orange and Red.
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.
No similar listings found