
1818 Milvia St Berkeley, CA 94709
North Berkeley NeighborhoodEstimated payment $8,058/month
Highlights
- Stone Countertops
- No HOA
- Tile Flooring
- Berkeley Arts Magnet at Whittier School Rated A
- Fireplace
- 5-minute walk to Ohlone Park
About This Home
PRIME INVESTMENT OPPORTUNITY: FULLY ENTITLED PROPERTIES FOR DEVELOPMENT! These duplexes, located at 1818 Milvia St and 1822 Milvia St adjacent to Ohlone Park, present a unique and lucrative investment opportunity. With two separate parcels, each fully entitled for development, this sale appeals to a broad spectrum of potential buyers, including investors, developers, and multi-generational families. Property Highlights: Flexible Sale Options: Each property is available for individual purchase, or both can be acquired together. Ideal for Multiple Uses: Whether for investment, development, or family living, these properties offer versatile opportunities. Reconfiguration: Expansion: Lift the existing two-story duplex to add a third story below.The ground floor will feature 2BR, 2BA, and a 1-car garage. The two-story second unit above will feature 6BR, 3BA, and a covered balcony. Demolish the non-conforming garage. The new project will be 3,400SqFt. Investment Potential: High Demand Location: Close proximity to UC Berkeley, Downtown Berkeley, schools, restaurants, cafes, and essential services makes this a highly desirable area. The local real estate market presents substantial appreciation potential. Ideal for rental properties, multi-family living, or resale.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,243
Year Built
- Built in 1904
Lot Details
- 2,828 Sq Ft Lot
- Partially Fenced Property
- Property is zoned R2-A
Parking
- 1 Car Garage
Interior Spaces
- 2-Story Property
- Fireplace
Kitchen
- Microwave
- Stone Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Heating Available
- Well
Community Details
- No Home Owners Association
- Bridge Aor Association
- N Berkeley Subdivision
Listing and Financial Details
- Assessor Parcel Number 057205600600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $16,243 | $1,001,512 | $353,475 | $648,037 |
2023 | $15,902 | $981,877 | $346,545 | $635,332 |
2022 | $15,604 | $962,625 | $339,750 | $622,875 |
2021 | $15,634 | $943,755 | $333,090 | $610,665 |
2020 | $14,748 | $934,082 | $329,676 | $604,406 |
2019 | $14,121 | $915,773 | $323,214 | $592,559 |
2018 | $13,879 | $897,821 | $316,878 | $580,943 |
2017 | $13,406 | $880,217 | $310,665 | $569,552 |
2016 | $12,950 | $862,962 | $304,575 | $558,387 |
2015 | $9,283 | $564,173 | $169,252 | $394,921 |
2014 | $9,277 | $553,125 | $165,937 | $387,188 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/16/2025 01/16/25 | Pending | -- | -- | -- |
07/31/2024 07/31/24 | For Sale | $1,200,000 | -- | $502 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,650,000 | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Financial Title Company | |
Grant Deed | $450,000 | Placer Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $327,000 | Negative Amortization | |
Previous Owner | $337,500 | No Value Available |
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41068216

APN: 057-2056-006-00
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