Active

2210 Martin Luther King Jr Way

Berkeley CA, 94704

$4,350,000


$1,832.35 per sqft

Active

2,374 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

February 15, 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

Listing


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


Buyer Agency Compensation

2%

Listed by Joey Wang with Keller Williams Realty
Listing Contact: 510-592-4244 

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