NOT LISTED FOR SALE

Estimated Value: $1,085,000 - $1,677,000

4 Beds
5 Baths
1,961 Sq Ft
$707/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2022

Last sale price $1,618,800 $825 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,338 / mo

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Garden
  • Washington Elementary School Rated A
  • Tandem Parking
  • 4-minute walk to Martin Luther King Jr Civic Center Park

About This Home

As of January 2022

Split into two, 1BR units and a single, spectacular 2BR/2BA unit (which includes an office and a private balcony off the master suite), 2118 McKinley Avenue is an ideal property for a buyer who desires an owner-occupy opportunity. The building itself (1,961 sq. ft.) is situated on a massive lot (5,200 sq.ft) that’s large enough to accommodate ADU potential for those seeking to expand income potential long-term—a lucrative proposition considering the appeal of Central Berkeley. From the front door, everything is walkable—Trader Joe’s, BART, UC Berkeley, CVS, Starbucks, and all the bars and restaurants of nearby popular Shattuck Avenue. With a Walk Score of 96, a Bike Score of 99, and abundant neighborhood greenspaces (Ohlone Park, MLK Civic Center, and the Grinnell Natural Area), there really is nothing to dislike about 2118 McKinley Avenue as a multifamily investment.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 10/29/2021

Keller Williams Realty

Co-Listed By

Elizabeth Baker

eXp Realty of California, Inc License #02090264

Last Buyer's Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 10/29/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 5,200 Sq Ft Lot
  • Landscaped
  • Garden
  • Back Yard Fenced and Front Yard

Home Design

  • Triplex
  • Wood Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Tandem Parking
  • On-Street Parking
  • Uncovered Parking
  • Parking Lot

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,961 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 57201510

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

5,200 Sq Ft Lot

Listing Details

  • Year Built: 1904
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: SFR27342
  • Directions: North on MLK, left on Addison, left on McKinley
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4
  • Door Features: Mirrored Closet Door(s)

Exterior Features

  • Fencing: Fenced, Back Yard
  • Lot Features: Back Yard, Front Yard, Landscape Front, Landscape Back
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Side Yard, Entry Gate, Garden, Landscape Back, Landscape Front, Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Tandem, On Street, Uncovered Parking Space, Street Parking

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, In Unit, Washer, Washer/Dryer Stacked Incl
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5200
  • Parcel Number: 57201510
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Toilet

Tax Info

  • Tax Tract: 4230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Feb 1, 2022
Sold by
Andrew And Abigail Wen Family Trust
Bought by
Andrew And Abigail Wen Family Trust
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$1,370,000
Sold Price
$1,618,800
Premium/Discount to List
$248,800
18.16%
Current Estimated Value
$1,387,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$231,756
Avg. Annual Appreciation
-3.53%
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,239
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$280,805

Purchase Details

Listed on
Oct 29, 2021
Closed on
Jan 3, 2022
Sold by
Kae Properties Llc
Bought by
Andrew And Abigail Wen Family Trust and Bryon And Liza Hing Revocable Trust
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$1,370,000
Sold Price
$1,618,800
Premium/Discount to List
$248,800
18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,239
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$280,805

Purchase Details

Closed on
Dec 31, 2008
Sold by
Bak Mina K
Bought by
Kae Properties Llc

Purchase Details

Closed on
Mar 7, 2007
Sold by
Hudner Francis J and Francis J Hudner Trust Agreeme
Bought by
Bak Mina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Hudner Francis J
Bought by
Hudner Francis J and Francis J Hudner Trust

Purchase Details

Closed on
Mar 17, 1994
Sold by
Hudner Frank
Bought by
Hudner Francis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andrew And Abigail Wen Family Trust -- Fidelity National Title
Andrew And Abigail Wen Family Trust $1,619,000 Fidelity National Title
Kae Properties Llc -- None Available
Bak Mina K $837,000 First American Title Co
Hudner Francis J -- --
Hudner Francis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrew And Abigail Wen Family Trust $1,200,000
Previous Owner Bak Mina K $669,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,618,800 -- --
01/20/2022 01/20/22 Sold $1,618,800 +18.2% $825 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $1,370,000 -- $699 / Sq Ft
Source: bridgeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,824 $1,717,869 $515,318 $1,202,551
2024 $23,824 $1,684,199 $505,218 $1,178,981
2023 $23,356 $1,651,176 $495,312 $1,155,864
2022 $11,788 $697,715 $209,314 $488,401
2021 $12,223 $684,037 $205,211 $478,826
2020 $11,133 $677,027 $203,108 $473,919
2019 $10,656 $663,756 $199,127 $464,629
2018 $10,467 $650,744 $195,223 $455,521
2017 $10,085 $637,984 $191,395 $446,589
2016 $9,737 $625,478 $187,643 $437,835
2015 $9,604 $616,088 $184,826 $431,262
2014 $9,656 $604,025 $181,207 $422,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40972683

bridgeMLS

APN: 057-2015-010-00

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