Martin Luther King Jr Way
Berkeley, CA 94703
Rare opportunity to own a fully renovated multifamily property in Berkeley. This turnkey investment generates approximately $15,000 per month in rental income and has been rebuilt from the foundation up with over $600,000 in upgrades. The unit mix includes a spacious 4BD/2BA, a 3BD/2BA, a 2+BD/1BA, and a studio appealing to a wide range of tenants. This complete remodel 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. The property is stabilized with strong tenants, providing secure income and long-term upside. Its location is unbeatable directly across from Ashby BART, Silicon Valley commuter shuttles, and just minutes to UC Berkeley,
Property Details
Map
Map
Features
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Bedroom Information
Window Feature: Caulked/Sealed,Dual Pane Full,Varies by Unit,Low E Glass Full,Window CoveringsWater/Sewer
Sewer: Public Sewer -
Flooring Information
Simulated Wood, Tile, Wood -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Free Standing Gas Range, Free Standing Refrigerator, Ice Maker, Dishwasher, Microwave, Disposal, Tankless Water Heater, Varies By Unit, ENERGY STAR Qualified Appliances, See Remarks Laundry Features: In Each Unit -
Heating & Cooling
Heating: Central, Fireplace(s), 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: 3,796 Topography: LevelProperty Information
Property Type: ResidentialIncome Sub Type: Quadruplex Style: Edwardian SQ ft (Living Area): 3,796 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: 225114635 List Price: $2,495,000 List Price Tot SqFt: $657
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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
Cable Connected, Sewer Connected, Sewer In & Connected, Electric, Internet Available, Natural Gas Connected 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 | $2,395,000 | -- | -- | 3,755 | 3,755 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 06/06/2026 @ 13:33
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