$1,200,000
$1,200,000
For more information regarding the value of a property, please contact us for a free consultation.
2816 Martin Luther King Jr Way Berkeley, CA 94703
4,822 Sqft Lot
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

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

Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER