Bought with Zaheer Siddiqui • BHG Reliance Partners
$5,350,000
$5,250,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
7,363 SqFt
SOLD DATE : 08/31/2022
Key Details
Sold Price $5,350,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,363 sqft
Price per Sqft $726
MLS Listing ID EB40993587
Sold Date 08/31/22
Year Built 1964
Lot Size 7,250 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
1635 Martin Luther King Junior Way is a fully renovated turn-key nine-unit apartment building in North Berkeley. The 7,363 sq. ft. property consists of two (2) 3-bedroom, 2-bathroom units; six (6) 2-bedroom, 1-bathroom units; and one (1) 1-bedroom, 1-bathroom unit. The property has been fully renovated. The exterior of the building is upgraded with new paint and windows, new modern railings on all walkways and decks, a freshly-poured concrete parking lot/driveway, and new landscaping and lighting. All interiors are renovated with stainless appliances, new cabinets with quartz countertops, recessed lighting, and new plank-style flooring throughout. The building will be delivered 100% vacant, providing flexibility for the buyer. Amenities include nine off-street parking spaces and on-site coin-operated laundry. This sought-after location attracts premium renters and makes it easy, in combination with fully upgraded units and exteriors, to maintain an ultra-low vacancy rate with minimal m
Location
State CA
County Alameda
Area Other Area
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Exterior
Exterior Feature Stucco
Parking Features Spaces per Unit - 1
Garage Spaces 9.0
Roof Type Rolled Composition
Building
Lot Description Regular
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 58-2171-25
Special Listing Condition Not Applicable
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