2816 Martin Luther King Jr Way Berkeley, CA 94703
Listing Courtesy of: bridgeMLS / Keller Williams Realty
$1,200,000
4
BED
2
BATH
2,119
SQFT

  2816 Martin Luther King Jr Way Berkeley, CA 94703

Active (16 Days)

Description

Asking only $1.2MM in an area where duplexes average $1.35MM, South Berkeleys 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 Berkeleys 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 propertys location1.5 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.

MLS #:
41003342
Lot Size
4,821 SQFT
Type
Multifamily
Year Built
1906
County
Alameda County
Bathroom Details
Lot Information
  • Security Gate
  • Paved
  • Partial Fence
  • Landscape Back
  • Garden
  • Backyard
Heating and Cooling
  • Wall Furnace
  • Gas
  • No Air Conditioning
Flooring
  • Carpet
  • Vinyl
  • Tile
  • Hardwood Floors
Exterior Features
  • Wood Siding
  • Wood Frame
  • Roof: Shingle
  • Roof: Wood Shakes/Shingles
Utility Information
  • Sewer: Water - Public, Sewer System - Public
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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