$2,700,000
( $401.67Per Sq Foot )
 $14,494 est/mo Sourced by Back At You

1614 Milvia Street,Berkeley, CA 94709

Berkeley, CA 94709

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Description

Located in one of Berkeley's most sought-after residential corridors, 1614 Milvia Street presents a compelling opportunity to acquire an eleven-unit apartment building consisting of (11) one-bedroom, one-bathroom units. Built in 1961, the property offers approximately 6,722 square feet of building area situated on a 6,750 square foot lot, delivering an efficient and well-proportioned multifamily asset in the heart of the East Bay's strongest rental market. Notably, (5) units will be delivered vacant at close of escrow, offering an investor the immediate ability to lease at current market rents and capture significant upside from day one. Ideally positioned just blocks from the UC Berkeley campus, Downtown Berkeley, and the energy of University Avenue, the property benefits from immediate proximity to Andronico's Community Market, BART, and the full complement of dining, retail, and cultural amenities that define this vibrant neighborhood. This premier Berkeley location commands consistent tenant demand driven by the university's academic calendar, a deep pool of professional and graduate renters, and the area's enduring desirability among long-term residents making 1614 Milvia Street an exceptional addition to any Bay Area multifamily portfolio.

Details

MLS #ML82054024
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1961
Days On Site66
Listing Provided ByCompass | Gabriel Manzanares

Features

SQ Feet6,722
Car PortYes
Units11
Building(s)1
ZoningR-2A
Acreage0.16

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Taxes

Property32489

Area Information

StateCA
CountyAlameda
CityBerkeley
Zip Code94709
Area699 Not Defined
Listing VS Median (in 94709)
Price:
$2,700,000
low | high
Med:
$799,000
100% of Average
sqft:
6,722
low | high
Med:
900
100% of Average
$ / sqft:
$402
low | high
Med:
$888
71.02378600823% of Average
On site:
66
low | high
Med:
76
86.842105263158% of Average
Sourced by Back At You

Market Activity 94709

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Learn More About This Property

StateCA
CountyAlameda
CityBerkeley
Zip Code94709
Area699 Not Defined
Listing VS Median (in 94709)
Price:
$2,700,000
low | high
Med:
$799,000
100% of Average
sqft:
6,722
low | high
Med:
900
100% of Average
$ / sqft:
$402
low | high
Med:
$888
71.02378600823% of Average
On site:
66
low | high
Med:
76
86.842105263158% of Average
Sourced by Back At You
Listing Updated: September 15, 2026 at 3:52:44 PM PDT
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