1949 Milvia St sits at the border of the two most desirable areas in the East Bay; North Berkeley & Downtown Berkeley. This eight-unit mixed-use income property consists of six residential units and two commercial units. The six residential units are comprised of two 1 bed / 1 bath, & four studios. There is one long-term commercial tenant at 2001 University Ave and one vacant commercial unit at 1947 Milvia St allowing the opportunity for a new owner to open their own storefront or rent at market rate. The property is just a short five-minute walk to UC Berkeley, the largest employer in the city of Berkeley, and an even shorter walk to Downtown Berkeley Bart Station.
North Berkeley stands as one of the most desirable neighborhoods in East Bay. Million-dollar homes cover the hills in styles inspired by early 20th-century architecture. Located along the northern border of the University of California, and despite the thousands of students attending school on a daily basis, North Berkeley remains a quiet neighborhood with a small-town character. Shattuck Avenue serves as the major thoroughfare, taking people from downtown Berkeley into the Solano region. Euclid Avenue contains a few shops and restaurants leading into the University’s northern entrance. North Berkeley lies six miles north of downtown Oakland and 14 miles northwest of San Francisco. Berkeley is one of the strongest performing submarkets in the entire San Francisco Bay Area.
EMAIL STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
