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2210 Martin Luther King Jr Way, Berkeley, CA 94704

Fourplex

2210 Martin Luther King Jr Way, Berkeley, CA 94704 Sold May 2024 CRMLS
$4,200,000Sold May 2024

Listing Agent: Joey Wang (DRE #01890931) · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Martin Cai · eXp Realty of California · MLS #41048962 · Source: CRMLS

0
Bathrooms
5,168 sqft
Lot Size
1912
Year Built
Fourplex
Type
WallWindowUnits
Cooling
Electric, HeatPump, NaturalGas
Heating

About this fourplex

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$4,200,000
Sold May 2024 · listed $4,350,000, on market February 2024 · MLS #41048962 · Source: CRMLS
Listing Agent: Joey Wang · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Martin Cai · eXp Realty of California
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