Listed by Joey Wang • Keller Williams Realty
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER
$1,200,000
$1,200,000
Est. payment /mo
2,119 SqFt
Sold on 09/13/2022
2816 Martin Luther King Jr Way Berkeley, CA 94703
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,119 sqft
Price per Sqft $566
MLS Listing ID 41003342
Year Built 1906
Lot Size 4,821 Sqft
Property Sub-Type Duplex
Property Description
Asking only $1.2MM in an area where duplexes average $1.35MM, South Berkeley's 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 Berkeley's 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 property's location—1.5 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.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Flooring Hardwood, Tile, Vinyl, Carpet
Laundry Dryer, In Basement, Washer
Building
Lot Description Back Yard, Garden, Landscape Front, Paved, Security Gate, Landscape Back
Water Public
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