Bought with Martin Cai • eXp Realty of California
$4,200,000
$4,350,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2210 Martin Luther King Jr Way Berkeley, CA 94704
4,625 SqFt
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
HOA Y/N No
Originating Board Bridge AOR
Year Built 1912
Lot Size 5,168 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
Interior
Heating Electric, Natural Gas, Heat Pump, Central
Cooling Wall/Window Unit(s), Heat Pump
Flooring Hardwood, Laminate, Tile
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Washer, Gas Water Heater, Tankless Water Heater
Laundry 220 Volt Outlet, Dryer, In Unit, Washer, In Kitchen, Washer/Dryer Stacked Incl
Exterior
Parking Type Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+
Building
Lot Description Level, Regular
Water Public
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