Berkeley, CA 94704,2210 Martin Luther King Jr Way
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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

$4,200,000

Est. payment /mo

$4,350,000

3.4%
Est.Price: ?

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2210 Martin Luther King Jr Way Berkeley, CA 94704

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

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

Parking Features 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

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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