1801 Milvia St - Apartments FOR SALE


Berkeley, CA 94709- North Berkeley
$2,800,000 USD
510-336-4721
1801 Milvia St, Berkeley, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/1
null | 6.61% Cap Rate

1801 Milvia St
Berkeley, CA 94709
North Berkeley


HIGHLIGHTS

  • Fully remodeled with modern taste
  • New roof, electrical, plumbing and unit finishes
  • New French drain system
  • Rare opportunity to own an early 1900's construction building in an A+ location
  • Two blocks from UC Berkeley's main campus
  • A short walk from Downtown BART Station, offering complete Bay Area access

OVERVIEW

Team Chappell is pleased to present 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. 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.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$608 USD /SF

# OF UNITS

5

PRICE/UNIT

$560,000

CAP RATE

6.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R-2A

APN/PARCEL ID

057-2050-020-00

ASK ABOUT THIS PROPERTY

Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

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Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.