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1610 Milvia St, Berkeley, CA 94709

Sale Price: $3,500,000
Jun 10, 20245,134 sqft16 beds0 baths
Listed by: Timothy Warren
License #: 02008347
Phone #: 510-336-4719
NAI Northern California
Source:
CRMLS Logo
MLS #: 41062741

Property Description

Pleased to present 1610 Milvia Street, a well-maintained 8-unit apartment located just two blocks from Shattuck Avenue in Berkeley's Gourmet Ghetto neighborhood. The property consists of four (4) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units built in 1961. THE PROPERTY WILL BE DELIVERED 100% VACANT, providing flexibility for the buyer. The units are individually metered for electricity, gas, AND WATER minimizing the operating expenses. Amenities include eight off-street parking spots, eight storage closets, and an on-site coin-operated laundry facility. Several capital improvements have been completed including a full seismic retrofit in 2017. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 1610 Milvia Street is ideally located less than two blocks from Shattuck Avenue in the Gourmet Ghetto. 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. The property features a 98 Walk Score and is considered a “Walker’s Paradise” by walkscore.com.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$58,077

TurboHome Estimated Value

$3,735,900

$728 sqft

High Valuation
$3,922,695
$764/sqft
Normal Valuation
$3,735,900
$728/sqft
Low Valuation
$3,549,105
$691/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$728/sqft$3,735,900

Neighborhood

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Comparative Value

$3.50M

$3.60M

1610 Milvia St, Berkeley, CA 94709

Sale Price: $3,500,000

Selected Comparable

1610 Milvia St, Berkeley, CA 94709

List Price: $3,600,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1610 Milvia St, Berkeley, CA 94709

1610 Milvia St, Berkeley, CA 94709

List: $3,600,000

Listed: 6/10/2024

Area:5,134 sqft
Price/sqft:$701
Beds:16
Baths:
Year Built:
Lot Size:6,750

Comparable Properties

COMPARABLE
Choose comps
1610 Milvia St, Berkeley, CA 94709

1610 Milvia St, Berkeley, CA 94709

Sale: $3,500,000

2/5/20250.00 mi

Area:5,134 sqft
Price/sqft:$682
Beds:16
Baths:
Year Built:
Weight:100.0%

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