Berkeley, CA 94703,2816 Martin Luther King Jr Way

$1,200,000

$1,200,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2,119 SqFt


SOLD DATE : 09/13/2022

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,119 sqft

Price per Sqft $566

MLS Listing ID 41003342

Sold Date 09/13/22

Bedrooms 4

HOA Y/N No

Year Built 1906

Lot Size 4,821 Sqft

Acres 0.11

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

Rooms

Basement Storage Space, Unfinished

Interior

Interior Features Storage, Storage Area(s)

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Tile, Vinyl, Carpet

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry Dryer, In Basement, Washer

Exterior

Exterior Feature Back Yard, Garden, Landscape Back, Landscape Front, Yard Space

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Back Yard, Garden, Landscape Front, Paved, Security Gate, Landscape Back

New Construction No

Others

Tax ID 53167713

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with Out Of AreaOut

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

Name
Phone*
Message