Berkeley, CA 94704,2210 Martin Luther King Jr Way
Listed by Joey Wang • Keller Williams Realty
Bought with Martin Cai • eXp Realty of California

$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

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

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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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528

Our team is ready to help you sell your home for the highest possible price ASAP


Bay East AOR and Contra Costa AOR

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Alessandra Imanabadi

Broker/ Realtor | License ID: 01390368 NMLS Lic.# 328245

+1(510) 504-2528

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