2210 Martin Luther King Jr Way

Berkeley, CA 94703

$4,350,000
Price
21
Beds
8
Baths
4,625 Sq. Ft.
$941 / Sq. Ft.
4,625
Sq. Ft.
$941
per Sq. Ft.

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...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.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 2210 Martin Luther King Jr Way

City
BERKELEY
Dist Neighborhood Subdiv
CENTRAL BERKELEY
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Off-Street Parking, Parking Area
Park Spaces Total
4

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931
Add your commute
LISTING UPDATED: 04/11/2024 07:02 PM

Property Details for 2210 Martin Luther King Jr Way

StatusPending
MLS #41048962
Days on Compass70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1912
Lot Size0.12 AC / 5,168 SF
CountyAlameda County

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931
Add your commute

Building Information for 2210 Martin Luther King Jr Way

Stories-Residences4Year Built1912Building Size-Lot Size0.12 AC / 5,168 SF

Payment Calculator

$26,020 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,740

Property Taxes

$2,280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2210 Martin Luther King Jr Way

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile
  • Laundry: 220 Volt Outlet, Dryer, Inside Unit, Washer, In Kitchen, Washer/Dryer Stacked Incl
Room Details
  • Additional Rooms: Basement - Apartment
Utility Details
  • Cooling: Heat Pump, Window/Wall Unit(s)
  • Heating: Electric, Gas, Heat Pump, Central
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Fire Alarm System, Washer, Water Heater Gas, Tankless Water Heater, Carbon Mon Detector, Secured Access, Security Gate, Smoke Detector, All Public Utilities, Internet Available
  • City Transfer Tax: Yes
  • Exterior: Wood Shingles
  • Lot Description: Level, Regular
  • Lot Sq Ft Apx: 5168
  • Lot Size Square Feet: 5168.0
  • Roof: Shingle
  • Sq Ft Apx: 4625
  • Yard Description: Back Yard, Fenced, Front Yard, Patio
  • Year Built: 1912
  • Zoning: R-2
  • Acres: 0.12
Location Details
  • Directions to Property: South of University just past Allston.
  • FIPS Code: 06001
  • Census Tract: 4230.00
  • Parcel Number: 57-2018-7
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Dishwasher, Disposal
  • Other Units: Detached Cottage(s)
  • Units Total: 4
  • Basement: Apt In Basement
  • Parking Description: Off Street Parking, Parking Area, Uncovered Parking Space, Uncovered Park Spaces 2+
  • Existing Lease Terms: Written Agreement, Year Lease
  • Tenant Pays: Electric, Gas, Trash, Water
  • Financial Data Source: Estimated, Owner, Projected, Property Manager
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $445,920
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Electric, Garbage Collection, Gas, Insurance, Maintenance/Repair, Management, Property Tax/Assessments, Water
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 2210
  • Occupied By 1: Tenant
  • Bedrooms 1: 6
  • Bathrooms 1: 2
  • Apx Sq Ft 1: 1288
  • Rent 1: 8899
Unit 2 Details
  • Unit #/Address - 2: 2212
  • Occupied By 2: Tenant
  • Bedrooms 2: 5
  • Bathrooms 2: 2
  • Apx Sq Ft 2: 1315
  • Rent 2: 8500
Unit 3 Details
  • Unit #/Address - 3: 2212A
  • Occupied By 3: Tenant
  • Bedrooms 3: 5
  • Bathrooms 3: 2
  • Apx Sq Ft 3: 1191
  • Rent 3: 8998
Unit 4 Details
  • Unit #/Address - 4: 2212B
  • Occupied By 4: Tenant
  • Bedrooms 4: 5
  • Bathrooms 4: 2
  • Apx Sq Ft 4: 831
  • Rent 4: 8250
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio
  • Total Deposits: 0
Additional Information
Additional Information
  • Fireplace: No

Property History for 2210 Martin Luther King Jr Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2210 Martin Luther King Jr Way

Taxable ValueLand$347,238Additions$1,184,800Total$1,532,038
Tax Record2023$27,364 ($2,280 / month)
Home Facts
Total Finished SqFt2,374 SqFtAbove Grade Finished SqFt2,374 SqFtStories2Lot Size5,168 SqFtStyleTriplexYear Built1912Year Renovated1945CountyALAMEDAAPN57-2018-7

Schools near 2210 Martin Luther King Jr Way

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Berkeley Arts Magnet at Whittier School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Washington Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.