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1610 Milvia St 8 Unit Apartment Building $7,177,958 CAD ($897,245 CAD/Unit) Berkeley, CA 94709
Executive Summary
The Mitchell Warren Team is pleased to present 1610 Milvia Street, a newly renovated 8-unit apartment building located just two blocks from Shattuck Avenue in Berkeley’s Gourmet Ghetto. The property offers a unit mix of four (4) 2-bedroom/1 bath units and four (4) 1- bedroom/1-bath units, each fully remodeled with modern finishes. Recent upgrades include a seismic retrofit, new exterior paint, refreshed landscaping, upgraded electrical systems, and more. Delivered 100% vacant, the property provides maximum flexibility for the next owner. Each unit is separately metered for electricity, gas, and WATER, reducing operating expenses. Amenities include eight off street parking spaces, eight private storage closets, and an on-site coin-operated laundry facility. This is a rare opportunity to acquire a fully renovated, vacant multifamily asset in a premier Berkeley location.
1610 Milvia Street is ideally located less than two blocks from Shattuck Avenue in Berkeley's Gourmet Ghetto neighborhood. Residents benefit from a range of restaurant choices including Cheeseboard, the Michelin Guide restaurant Chez Panisse, as well as a variety of other restaurants and shopping options. Students will enjoy the close proximity to the UC Berkeley campus just a short walk away. Commuters will appreciate the close proximity of city bus lines and the Downtown Berkeley BART Station allowing access to the entire Bay Area. The property features a 98 Walk Score and is considered a “Walker’s Paradise” by walkscore.com.
1610 Milvia Street is ideally located less than two blocks from Shattuck Avenue in Berkeley's Gourmet Ghetto neighborhood. Residents benefit from a range of restaurant choices including Cheeseboard, the Michelin Guide restaurant Chez Panisse, as well as a variety of other restaurants and shopping options. Students will enjoy the close proximity to the UC Berkeley campus just a short walk away. Commuters will appreciate the close proximity of city bus lines and the Downtown Berkeley BART Station allowing access to the entire Bay Area. The property features a 98 Walk Score and is considered a “Walker’s Paradise” by walkscore.com.
Property Facts
| Price | $7,177,958 CAD | Building Class | C |
| Price Per Unit | $897,245 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 6,750 SF |
| No. Units | 8 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Low-Rise | Parking Ratio | 1/1,000 SF |
| Zoning | R2A, Berkeley - Residential Development | ||
| Price | $7,177,958 CAD |
| Price Per Unit | $897,245 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,750 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R2A, Berkeley - Residential Development |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Hardwood Floors
- Dining Room
- Double Pane Windows
Site Amenities
- Laundry Facilities
- Recycling
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 508 |
| 2+1 | 4 | - | 668 |
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (97)
Property Taxes
| Parcel Number | 058-2172-004-00 | Improvements Assessment | $1,921,731 CAD |
| Land Assessment | $823,598 CAD | Total Assessment | $2,750,413 CAD |
Property Taxes
Parcel Number
058-2172-004-00
Land Assessment
$823,598 CAD
Improvements Assessment
$1,921,731 CAD
Total Assessment
$2,750,413 CAD
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1610 Milvia St
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