2816 Martin Luther King Jr Way, Berkeley, CA 94703
$1,200,000
$1,200,000
Est.Price: ?

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4,822 Sqft Lot

2816 Martin Luther King Jr Way Berkeley, CA 94703

Est. payment /mo
SOLD DATE : 09/13/2022

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41003342

Sold Date 09/13/22

HOA Y/N No

Year Built 1906

Lot Size 4,822 Sqft

Property Sub-Type Duplex

Property Description

Asking only $1.2MM in an area where duplexes average $1.35MM, South Berkeley's 2816 Martin Luther King Jr Way is a property no investor should ignore. This is a generously sized duplex, with each unit occupying its own floor & offering an average of 1,000 sq.ft. of livable space. A massive backyard & sun-soaked deck greatly expand the perceived size of each unit, given Berkeley's idyllic year-round climate. More importantly for prospective buyers, the large rear offers undeniable ADU potential, which will increase the value of this purchase long term. Of course, the real value here is in the property's location—1.5 miles for UC Berkeley, minutes from downtown, three blocks from BART, and one block from Grove Park. The pedestrian-friendly nature of 2816 MLK Way, coupled with its easy access to the best Berkeley has to offer, makes this property very appealing. Its proximity to anything a tenant could want ensures the new owners will be able to secure top-tier rents with ease.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Flooring Carpet, Tile, Vinyl, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Shingle

Total Parking Spaces 2

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Tax ID 53167713

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Listed by Joey Wang Keller Williams Realty #01890931
Bought with OUT OF AREA OUT OUT OF AREA - NON MEMBER
Jessica Lam

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