2210 Martin Luther King jr Way Berkeley, CA 94704
Downtown Berkeley NeighborhoodHighlights
- 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 2024Whether 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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: bridgeMLS
MLS Number: 41048962

APN: 057-2018-007-00
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