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Completely Remodeled and VACANT! 1610 Milvia St 8 Unit Apartment Building $5,250,000 ($656,250/Unit) Berkeley, CA 94709



INVESTMENT HIGHLIGHTS
- Fully Renovated & Turnkey – All eight units completely remodeled with modern finishes; recent upgrades include seismic retrofit, new exterior paint, r
- Delivered 100% Vacant – Provides maximum flexibility for lease-up strategy or repositioning.
- On-Site Amenities – Eight off-street parking spaces, eight private storage closets, and a coin-operated laundry facility.
- Desirable Unit Mix – Four (4) two-bedroom/one-bath units and four (4) one-bedroom/one-bath units
- Efficient Operations – Each unit is individually metered for electricity, gas, and water, minimizing operating expenses.
- Premier Location – Two blocks from Shattuck Avenue and UC Berkeley; steps from dining, shopping, and Downtown Berkeley BART; 98 Walk Score® (“Walker’s
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 offstreet 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
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 | - | 600 |
| 2+1 | 4 | - | 800 |
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 058-2172-004-00 | Improvements Assessment | $1,409,328 |
| Land Assessment | $603,997 | Total Assessment | $2,017,053 |
PROPERTY TAXES
Parcel Number
058-2172-004-00
Land Assessment
$603,997
Improvements Assessment
$1,409,328
Total Assessment
$2,017,053
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Completely Remodeled and VACANT! | 1610 Milvia St
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