Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1949 Milvia St Berkeley, CA 94704-1043

    • Investment properties
    • 6,523 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $3,020,000
    Last Sale
    Sep 02, 2022
    $2,950,000
    Location Intelligence
    Property ID
    US09-7749288
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1949 Milvia St

    Year built
    1923
    Construction
    TILT-UP CONCRETE
    Lot size
    0.09 lot acres
    Property size
    6,523 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    57-2053-12
    APU
    57205312

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,880,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,060,000
      6.5%
      $3,155,000
      7%
      $2,720,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,225,000
      Geo Method
      $3,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,755,000
      Retail
      $3,615,000
      Mixed-Use
      $2,945,000
      Hospitality
      $3,610,000
      Educational
      $3,280,000
      Residential Income
      $3,145,000
      Energy
      $2,790,000
      Income-Based Land
      $3,160,000
      Food Service
      $2,965,000

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.27
    Latitude
    37.8722
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,775
    $668,556
    $2,461,984
    $3,130,540
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      17,202 SF

      2231 Shattuck Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 17,202 SF
      2231 Shattuck Ave, Berkeley, CA 94704-1415
      View Details
    • Value Estimation by Request
      18,284 SF

      2409 Telegraph Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 18,284 SF
      2409 Telegraph Ave, Berkeley, CA 94704
      View Details
    • Value Estimation by Request
      16,160 SF

      1900 University Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 16,160 SF
      1900 University Ave, Berkeley, CA 94704-1024
      View Details
    • Value Estimation by Request
      2,790 SF

      1921 Martin Luther King Jr Way

      OFFICE/RESIDENTIAL (MIXED USE) • 2,790 SF
      1921 Martin Luther King Jr Way, Berkeley, CA 94704-1037
      View Details
    • Value Estimation by Request
      8,246 SF

      2122 Dwight Way

      OFFICE/RESIDENTIAL (MIXED USE) • 8,246 SF
      2122 Dwight Way, Berkeley, CA 94704-2041
      View Details
    • Value Estimation by Request
      12,750 SF

      2040 Addison St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,750 SF
      2040 Addison St, Berkeley, CA 94704-1104
      View Details

    Similar Nearby for Sale

    • $225,000

      Berkeley Business Opportunity: Prime Location

      Established Business, High-Traffic Area, Excellent Potential
      Shattuck Ave Ave, Berkeley, CA 94704
      View Details
    • Contact for pricing

      Berkeley Mixed-Use Development

      Pre-approved, high-density project, prime location.
      2655 Shattuck Ave, Berkeley, CA 94704
      View Details
    • $225,000

      Berkeley Business Opportunity: Prime Shattuck Ave Location

      Established Business, High-Traffic Area, Excellent Potential
      2106 Shattuck Ave, Berkeley, CA 94704
      View Details
    • $2,600,000

      Mixed-Use Building Site in Berkeley

      Mixed-use property with development potential in Berkeley, California.
      2509 Dwight Way, Berkeley, CA 94704
      View Details
    • $15,000,000
      39,682 SF

      Berkeley Mixed-Use Investment Opportunity

      Mixed-use building near UC Berkeley with value-add potential.
      2414 Telegraph Ave, Berkeley, CA 94704
      View Details
    • $144,999

      Berkeley Land For Sale

      Land available in Berkeley, California.
      2106 Shattuck Ave, Berkeley, CA 94704
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      Mixed-Use Development in Downtown Berkeley

      High-profile mixed-use development at Shattuck and University Ave.
      1922 Walnut St, Berkeley, CA 94704
      View Details
    • $71 SF/Yr
      9,662 SF

      Downtown Berkeley Office Space

      Prime Berkeley location, flexible suites.
      2001 Addison St, Berkeley, CA 94704
      View Details
    • Contact for pricing
      38,745 SF

      Berkeley Office Space For Lease

      Office space available for lease in Berkeley, California.
      2030 Addison St | Berkeley, Berkeley, CA 94704
      View Details
    • Contact for pricing
      5,048 SF

      Berkeley Retail Space Available Now

      Retail spaces available in Downtown Berkeley, near restaurants and entertainment.
      2000 Shattuck Ave, Berkeley, CA 94704
      View Details
    • Contact for pricing
      1,553 SF

      Retail Space Near UC Berkeley

      Retail space ideal for fitness or dance studio use.
      2055 Center St, Berkeley, CA 94704
      View Details
    • Contact for pricing
      6,780 SF

      Berkeley Office Space with Amenities

      Office space featuring exposed brick, outdoor deck, and high-end finishes.
      2168 Shattuck Ave, Berkeley, CA 94704
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1949 Milvia St
    Berkeley, CA 94704-1043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.