1614 Milvia St , Berkeley, CA 94709
$2,700,000
Est. Payment: $14,727.68/mo
6722 Sqft
0.15 Acres
Status: Active Under Contract | Days on site: 35
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ML5012166 - ML5091694
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House 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.

Highlights

Listed by Gabriel Manzanares , 415-794-5804 Compass , (415) 345-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1961

County

Alameda

Area

699 - Not Defined

School District

Other

Listing ID

ML82054024

Questions about this listing?

Contact Agent

Interior Features

Water:Other

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:R-2A
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$14,728
Taxes
$2,707

Home Price

$2,700,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$540,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,727.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,727.68 $2,707.42 $0.00 $17,435.10
Yearly $176,732.20 $32,489.00 $0.00 $209,221.20
Total $5,301,965.88 $974,670.00 $0.00 $6,276,635.88

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Berkeley, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T01:13:22.000Z

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