Sold
2210 Martin Luther King Jr Way
Berkeley CA, 94704
$4,200,000
$908.11 per sqft
Sold
4,625 sqft
Multi-family
Built in 1912
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.
41048962
MLSⓇ ID
February 1, 2024
Listed
August 26, 2024
Updated
Map
2210 Martin Luther King Jr Way
Berkeley CA, 94704
Interior Features
Appliances
Dishwasher, Disposal, Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry Description
220 Volt Outlet, Dryer, In Unit, Washer, In Kitchen, Washer/Dryer Stacked Incl
Floor Description
Hardwood, Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Heat Pump
Heating
Yes
Heating Description
Electric, Natural Gas, Heat Pump, Central
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Back Yard, Front Yard
Lot Features
Level, Regular
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley
Garage
No
Parking
Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
R-2
Listing History
Date | Event | Price |
---|---|---|
6/1/2024 | Sold | $4,200,000 |
4/12/2024 | Pending | — |
Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244
Bay East ©2024 CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 10:58 AM UTC, 8/26/2024.