1742 Martin Luther King Jr Way, Berkeley, CA 94709
$1,070,000
$1,095,000
2.3%
Est.Price: ?

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3,484 Sqft Lot

1742 Martin Luther King Jr Way Berkeley, CA 94709

Est. payment /mo
SOLD DATE : 08/31/2023

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Key Details

Sold Price $1,070,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41033619

Sold Date 08/31/23

HOA Y/N No

Year Built 1915

Lot Size 3,484 Sqft

Property Sub-Type Triplex

Property Description

1742mlk.com; Incredible Investment Just Blocks Away From the UC Berkeley Campus, Perfect for an Owner-Occupant or Student Housing Investor; Three Total Units, Including One 2bd/1bth, One 1bd/1bth, and One Studio; Current Rents Approximately 40% Below Market Rate, Providing an Excellent Value-Add Opportunity; Every Unit Includes Basement Storage for Added Convenience and Tenant Satisfaction; All Units are Separately Metered for Gas and Electricity; Individual Wall Heaters, On-site Coin-Operated Laundry, Ample Street Parking, A New Back Porch, and Electronic Security Gate; Prime North Berkeley Location, Near an Array of Restaurants, Parks, Public Transportation, I-80, and UC Berkeley; Email Agent For Complete Marketing Package.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features On Street

Utilities Available Sewer Not Available

Total Parking Spaces 3

Building

Sewer None

Others

Tax ID 5821685

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by Steven Pinza The Pinza Group, Inc #01867691
Bought with Steven Pinza The Pinza Group, Inc
Jessica Lam

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