Berkeley, CA 94704,2210 Martin Luther King Jr Way
Berkeley, CA 94704,2210 Martin Luther King Jr Way
Berkeley, CA 94704,2210 Martin Luther King Jr Way
Berkeley, CA 94704,2210 Martin Luther King Jr Way
Berkeley, CA 94704,2210 Martin Luther King Jr Way
Berkeley, CA 94704,2210 Martin Luther King Jr Way
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$4,200,000

$4,350,000

3.4%
Est.Price: ?

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Est. payment /mo

5,166 Sqft Lot


SOLD DATE : 05/31/2024

Key Details

Sold Price $4,200,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Central Berkeley

MLS Listing ID 41048962

Sold Date 05/31/24

HOA Y/N No

Year Built 1912

Lot Size 5,166 Sqft

Acres 0.1186

Property Description

Whether you’re hoping to explore the beauty of Berkeley’s waterfront or the manicured lawns of UC Berkeley, nothing is more than a few minutes away from the front door of 2210 MLK Jr. Way. This turnkey, a triplex (two 5BR/2BA + one 6BR/1BA) plus an ADU (5BR/2BA) property was fully remodeled in 2022 and comes with the most modern amenities. Since its completion in 2023, it’s been professionally managed by the Berkeley Group, a student housing provider in Berkeley that offers meticulous property oversight and upkeep. Current occupants generate an impressive amount of cash flow (approximately $37,000 per month) and that number is poised to increase in the years ahead as housing demand grows. For prospective investors looking to park their money in a well-located, stable, and cash flow-heavy property that requires minimal in the way of upkeep or capital investments, 2210 MLK Jr. Way is worthy of immediate consideration.

Location

State CA

County Alameda

Zoning R-2

Interior

Heating Electric, Heat Pump, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Garage On Street

Parking Type On Street

Total Parking Spaces 4

Building

Lot Description Back Yard, Front Yard, Street Level

Sewer Public Sewer

Others

Tax ID 5720187

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
Bought with Martin Cai • eXp Realty of California
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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