Properties

Comm Ri Multi-units 5+ For Sale

6,523 Sqft - 1949 Milvia Street, BERKELEY, California 94704-1043

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Property Description

Most desirable location of Berkeley first time on market in decades!*Short walk 2 world famous UC Berkeley campus founded in 1868*This property is standing strong since 1923 comprise of 3 physical address*1)1947 MILVIA tastefully upgraded store space on ground level will be delivered vacant 4 new owner 2 use their ideas*Run your own business or rent in strong rental market*2)1949 MILVIA has upstairs 6 apartment units:2 one bedroom & 4 studios*2 studios will be delivered vacant & upgraded w/entire new kitchen,cabinets,appliances,stone countertops,hardwood floors,ceiling,light fixtures,baths,paint etc*3)2001 UNIVERSITY AVE is storefront w/long term tenants*Rare opportunity 2 acquire bldg w/significant upside cash flow*Units that R intentionally left vacant 4 new owners 2 use their imaginations*Est.7 min to BART*AMTRAK,shops,theaters,restaurants & many attractions*City’s demographics,diverse economic base & strong source of growth*Corner lot University Ave & Milvia*Seize the opportunity*

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40831352
Price : $2,788,888
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,523 Sqft
Year Built : 1923
Lot Area : 0.10 Sqft
Features
Heating System : Wall Furnace
Cooling System : Ceiling Fan(s)
View : Hills, Greenbelt
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94704-1043
Street : Milvia Street
Street Number : 1949
Floor Number : 0
Longitude : W123° 43' 46.4''
Latitude : N37° 52' 19.9''
MLS Addon
Office Name : Coldwell Banker Realty
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 1
Address : 1949 Milvia Street
Cross Street : University Ave
Directions to Property : University Ave cross st Milvia
LA1User Code : 206511103
LA1Agent First Name : Charo
LA1Agent Last Name : Bhatt
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 8
List $/SqFt : $428
Age : 95
Apx Lot Sq Ft : 4,125 Sqft
Type of Building : Apt Complex
Annual Taxes : $13,400
Total Deposits : $0
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator, Microwave
EQUIPMENT ADDITIONAL : Water Heater Gas, Tankless Water Heater
EXTERIOR : Stucco, Brick
FLOORING : Hardwood Floors, Partial Carpeting
LOT DESCRIPTION : Regular
OPERATING EXPENSES : Insurance, Janitorial, Maintenance/repair, Management, Property Tax/assessments, Trash Removal, Utilities, Water
SEPARATE METERS : Electric
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Refrigerator, Microwave, Oven Range Free Standing, Oven Double
TENANT PAYS : Electric, Gas
UNITS-OTHER : Store(s) Included
WATER/SEWER : Sewer System - Public
ENERGY SAVING FEATURE : Other
LAUNDRY : Other
Census Tract : 4224/2
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $3,600
2nd Loan Balance : $119,600
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.05
FINANCIAL DATA SOURCE : Owner, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,788,888
Sold Price : $2,700,000
Previous Price : $2,788,888
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40831352
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 6,523 Sqft
$2,788,888
Agent info
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