Berkeley, CA 94709
$2,700,000
Bed
0
Bath
0
Living Space
6,722 SqFt
Year Built
1961
Lot Size
6,750 SqFt
Days
79
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 - Willard Middle School (Middle) - GreatSchools rating 10/10 - Berkeley High School (High) - GreatSchools rating 9/10 School District: Berkeley Unified School District
Ohlone Park is a five-block-long green space offering playgrounds, a community garden, and walking/biking trails. Live Oak Park provides recreational facilities, open green areas, and shaded gathering spots, including tennis courts, a basketball court, and playgrounds. Codornices Park features a large concrete slide, various swings, and sports fields, with interconnected walking routes to the Berkeley Rose Garden.
The neighborhood surrounding Milvia Street in Berkeley is known as North Berkeley. This area is characterized by tree-lined streets and a high degree of walkability, with a mix of Craftsman-style homes. Local businesses and dining options are plentiful, with a focus on farm-to-fork cuisine and independent shops, reflecting the area's historically progressive and culturally diverse community.
The area around Milvia Street boasts a Walk Score of 97 and a Transit Score of 68, indicating it is a Walker's Paradise with good public transportation options. Nearby transit includes 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 School (Elementary) - GreatSchools rating 10/10 - Willard Middle School (Middle) - GreatSchools rating 10/10 - Berkeley High School (High) - GreatSchools rating 9/10 School District: Berkeley Unified School District
Ohlone Park is a five-block-long green space offering playgrounds, a community garden, and walking/biking trails. Live Oak Park provides recreational facilities, open green areas, and shaded gathering spots, including tennis courts, a basketball court, and playgrounds. Codornices Park features a large concrete slide, various swings, and sports fields, with interconnected walking routes to the Berkeley Rose Garden.
The neighborhood surrounding Milvia Street in Berkeley is known as North Berkeley. This area is characterized by tree-lined streets and a high degree of walkability, with a mix of Craftsman-style homes. Local businesses and dining options are plentiful, with a focus on farm-to-fork cuisine and independent shops, reflecting the area's historically progressive and culturally diverse community.
The area around Milvia Street boasts a Walk Score of 97 and a Transit Score of 68, indicating it is a Walker's Paradise with good public transportation options. Nearby transit includes 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.
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