Martin Luther King Jr Way
Berkeley, CA 94703
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Bed
0
Bath
3,755Sqft
4,107.71Sqft(Lot)
Prime investment opportunity with this fully remodeled fourplex at 3042 MLK. This property boasts modern amenities and generates a substantial monthly cash flow of $14,590 from four occupied units. Located directly across from Ashby BART, this commuter's dream offers easy access to Oakland and San Francisco. It's also within walking distance to Berkeley Bowl and just a 10-minute bike ride to UC Berkeley. The unit mix includes a 4BD/2BA, a 3BD/2BA, a 2+BD/1BA, and a studio. This complete remodel, thoughtfully designed by local architects Sidell Pakravan, features a new foundation, Andersen windows, updated plumbing and electrical systems, central heating, active ventilation, stainless steel appliances, in-unit washers and dryers, and a new sewer lateral. With upcoming mixed-use development
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Window Feature: Caulked/Sealed,Dual Pane Full,Window Coverings,Low E Glass Full,Varies by UnitWater/Sewer
Sewer: Sewer Connected, In & Connected, Public Sewer -
Flooring Information
Simulated Wood -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Free Standing Gas Range, Free Standing Refrigerator, Ice Maker, Microwave, Dishwasher, Disposal, Tankless Water Heater, ENERGY STAR Qualified Appliances, Varies By Unit, See Remarks Laundry Features: In Each Unit -
Heating & Cooling
Heating: Central, Natural Gas Cooling: Ceiling Fan(s), Central, Smart Vent, Varies by Unit, See Remarks WaterSource: Meter on Site, Public -
Energy
Green Energy: Appliances,Insulation,Lighting,Thermostat,Water Heater,Heating,Windows
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Building Information
Year Built: 1909 Stories: 2 Construction Materials: Partial Insulation, Shingle Siding, Frame, Wood, Wood Siding, See Remarks Roof: Composition Foundation Details: ConcretePerimeter, Raised, SeeRemarks -
Exterior Features
Fenced YardFoundation Details: ConcretePerimeter, Raised, SeeRemarksPorch: Uncovered Patio -
Laundry Features
In Each UnitPatio And Porch
Uncovered Patio
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Lot Information
Lot Description: Corner Lot Square Feet: 4,108 Main Square Feet: 3,755 Topography: LevelProperty Information
Property Type: ResidentialIncome Sub Type: Quadruplex Style: Edwardian SQ ft (Living Area): 3,755 Construction Materials: Partial Insulation,Shingle Siding,Frame,Wood,Wood Siding,See Remarks Property Age: 117 Cross Street: Prince Source Neighborhood: Berkeley Map Area 8 Area: Berkeley S: 94703 Zoning: Commercial Living Area Source: Assessor Agent-Fill Structure Type: ApartmentsFarm Info
Irrigation Source: None
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Listing Price Information
Listing Id: 224133747 List Price: $2,395,000 List Price Tot SqFt: $638
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Tax Information
Parcel Number: 0531-6011-6
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Parking Information
Parking Total: 2 Off Street, Uncovered, See Remarks
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Elementary School District: Berkeley UnifiedJunior High School District: Berkeley UnifiedSenior High School District: Berkeley Unified
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Utility Information
Natural Gas Connected, Cable Connected, Electric, Internet Available Electric: 220 Volts -
Location Information
Direction: Google Maps - Corner of MLK and Prince Street in Berkeley.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Martin Luther King Jr Way, Berkeley, CA, 94703 | $2,495,000 | -- | -- | 3,796 | 3,796 SqFt |
| 1530 Stuart St, Berkeley, CA, 94703 | $900,000 | 4 | 3 | -- | |
| 3214 California St, Berkeley, CA, 94703 | $1,198,000 | 4 | 2 | -- | |
| 63rd Street, Berkeley, CA, 94703 | $1,495,000 | -- | -- | 2,700 | 2,700 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 09:14
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