$4,200,000
SOLD MAY 31, 2024

2210 Martin Luther King jr Way Berkeley, CA 94704

Downtown Berkeley Neighborhood
21 Beds
8 Baths
4,625 Sq Ft
5,168 Sq Ft Lot

Recently Sold

$908 Per Sq Ft

3% Below List Price

70 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Security Gate
  • Washington Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Martin Luther King Jr Civic Center Park

About This Home

As of May 2024

Whether you’re hoping to explore the beauty of Berkeley’s waterfront or the manicured lawns of UC Berkeley, nothing is more than a few minutes away from the front door of 2210 MLK Jr. Way. This turnkey, a triplex (two 5BR/2BA + one 6BR/1BA) plus an ADU (5BR/2BA) property was fully remodeled in 2022 and comes with the most modern amenities. Since its completion in 2023, it’s been professionally managed by the Berkeley Group, a student housing provider in Berkeley that offers meticulous property oversight and upkeep. Current occupants generate an impressive amount of cash flow (approximately $37,000 per month) and that number is poised to increase in the years ahead as housing demand grows. For prospective investors looking to park their money in a well-located, stable, and cash flow-heavy property that requires minimal in the way of upkeep or capital investments, 2210 MLK Jr. Way is worthy of immediate consideration.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931

Keller Williams Realty

Last Buyer's Agent

Martin Cai

EXP Realty of California License #01941268

EXP Realty of California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,407

Year Built

  • Built in 1912

Lot Details

  • 5,168 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Wood Shingle Exterior

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electricity To Lot Line
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 4,625 Sq Ft Building
  • Bridge Aor Association
  • Central Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5720187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,407

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: CENTRAL BERKELEY
  • Directions: South of University just past Allston.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Basement: Apartment
  • Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 21

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Regular
  • Construction Type: Wood Shingles
  • Exterior Features: Back Yard, Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+

Utilities

  • Heating: Electric, Natural Gas, Heat Pump, Central
  • Utilities: All Public Utilities, Internet Available
  • Cooling: Wall/Window Unit(s), Heat Pump
  • Laundry Features: 220 Volt Outlet, Dryer, In Unit, Washer, In Kitchen, Washer/Dryer Stacked Incl
  • Security: Fire Alarm, Carbon Monoxide Detector(s), Secured Access, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 5168
  • Parcel Number: 5720187
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4230.00

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $4,200,000 -- --
05/31/2024 05/31/24 Sold $4,200,000 -3.4% $908 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $4,350,000 -- $941 / 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
2024 $28,407 $1,592,731 $354,181 $1,238,550
2023 $27,364 $1,532,038 $347,238 $1,184,800
2022 $24,953 $1,334,919 $340,429 $994,490
2021 $19,978 $1,123,456 $333,756 $789,700
2020 $21,367 $1,111,941 $330,335 $781,606
2019 $20,465 $1,090,146 $323,860 $766,286
2018 $20,034 $1,068,775 $317,511 $751,264
2017 $19,355 $1,047,820 $311,286 $736,534
2016 $18,657 $1,027,280 $305,184 $722,096
2015 $4,849 $71,401 $47,941 $23,460
2014 $4,735 $70,003 $47,002 $23,001
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 New Conventional
Previous Owner $2,700,000 Construction
Previous Owner $1,449,000 Commercial
Previous Owner $1,959,000 Construction
Previous Owner $1,300,000 Purchase Money Mortgage
Previous Owner $1,300,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $4,200,000 Chicago Title
Grant Deed $1,002,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: bridgeMLS

MLS Number: 41048962

bridgeMLS

APN: 057-2018-007-00