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

21 Beds

4,625 SqFt

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

Square Footage 4,625 sqft

Price per Sqft $908

Subdivision Central Berkeley

MLS Listing ID 41048962

Sold Date 05/31/24

Bedrooms 21

HOA Y/N No

Year Built 1912

Lot Size 5,168 Sqft

Acres 0.12

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

Area Listing

Zoning R-2

Rooms

Basement Apartment

Interior

Heating Electric, Natural Gas, Heat Pump, Central

Cooling Heat Pump, Wall/Window Unit(s)

Flooring Hardwood, Laminate, Tile

Fireplace No

Appliance Dryer, Washer, Gas Water Heater, Tankless Water Heater

Laundry 220 Volt Outlet, Dryer, In Unit, Washer, In Kitchen, Washer/Dryer Stacked Incl

Exterior

Exterior Feature Back Yard, Front Yard

Utilities Available All Public Utilities, Internet Available

Building

Lot Description Level, Regular

New Construction No

Others

Tax ID 5720187

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with MartinCai

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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