ResidentialIncome — 2520 Milvia St, Berkeley, CA
$1,450,000
2520 Milvia St, Berkeley, CA
About this property
2520 Milvia sits less than one mile away from UC Berkeley has been substantially renovated over the past several years. Previously the building was used as medical office, but was renovated/converted for a dorm style student housing use. The lower level contains a restroom, kitchen and four private rooms and the second level contains a restroom and 5 private rooms. The dorm style layout leases into a campus market where 45,882 students compete for housing and the university houses only 24 percent of them, and the same floor plan reads as medical or professional office with generous common area. Every room is vacant, so the next owner sets the use, a secured surface lot sits behind the building and a basement carries storage space below. Renovations include 200 amp electrical service & new panels, plumbing upgraded, new tankless water heaters, new central heat and air conditioning, sewer lateral compliance & substantial unit renovations.
Property details
Location
2520 Milvia St • Berkeley, CA 94704
Listed by
Willem Bos · COMPASS