3042 Martin Luther King jr Way Berkeley, CA 94703
South Berkeley NeighborhoodEstimated payment $14,977/month
Total Views
2,276
--
Bed
6
Baths
3,796
Sq Ft
$593
Price per Sq Ft
About This Home
Fully remodeled fourplex across from Ashby BART in South Berkeley—ideal for owner-occupiers or investors. Over $600K in upgrades include 9-ft ceilings, dual-pane windows, tankless water heaters, modern systems, and in-unit laundry. Each of the four units—2+BD/1BA, 3BD/2BA, 4BD/2BA, and studio—features updated kitchens and baths, central heat/AC, and quality finishes. The 3BD/2BA unit will be delivered vacant, while the other three units generate over $10K/month in income. Most tenants pay all utilities, and one pays for on-site parking, keeping expenses low. Walkable to Berkeley Bowl, cafes, parks, and UC Berkeley with easy access to SF and Oakland via BART. Don’t miss out on the chance to live in this turnkey opportunity in one of Berkeley’s most desirable neighborhoods!
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Home Values in the Area
Average Home Value in this Area
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 | $28,723 | $1,823,690 | $538,407 | $1,285,283 |
| 2023 | $28,319 | $1,759,500 | $527,850 | $1,231,650 |
| 2022 | $9,389 | $254,951 | $78,585 | $183,366 |
| 2021 | $9,317 | $249,815 | $77,044 | $179,771 |
| 2020 | $8,449 | $254,184 | $76,255 | $177,929 |
| 2019 | $7,718 | $249,201 | $74,760 | $174,441 |
| 2018 | $7,505 | $244,315 | $73,294 | $171,021 |
| 2017 | $7,207 | $239,526 | $71,858 | $167,668 |
| 2016 | $6,715 | $234,830 | $70,449 | $164,381 |
| 2015 | $6,588 | $231,304 | $69,391 | $161,913 |
| 2014 | $6,706 | $226,774 | $68,032 | $158,742 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | For Sale | $2,250,000 | -- | $593 / Sq Ft |
Source: bridgeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title | |
| Grant Deed | $1,725,000 | Chicago Title | |
| Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | $169,000 | Fidelity National Title Ins | |
| Trustee Deed | $225,878 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | New Conventional | |
| Previous Owner | $1,700,000 | New Conventional | |
| Previous Owner | $1,700,000 | New Conventional | |
| Previous Owner | $460,000 | New Conventional | |
| Previous Owner | $416,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $416,000 | New Conventional | |
| Previous Owner | $290,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $135,200 | No Value Available |
Source: Public Records
Similar Homes in Berkeley, CA
Source: bridgeMLS
MLS Number: 41097367
APN: 053-1601-016-00
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Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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