3042 Martin Luther King Jr Way

Berkeley, CA 94703

  • 8 Bed(s)
  • 6 Bath(s)
  • 0 Sqft
  • 4107
    Sqft(Lot)
$2,250,000

Description

3042 mlk jr. way offers a rare investment opportunity for a fully renovated fourplex in south berkeley’s high-demand rental market. directly across from ashby bart, tenants enjoy seamless transit access to downtown oakland, san francisco, and the bay area. fully remodeled with over $600k in upgrades, including 9-foot ceilings, dual pane windows, tankless water heaters, and modernized electrical systems. this property features four turn-key units: 1+bd/1ba, 3bd/2ba, 4bd/2ba, and a studio, totaling 3,790 sq. ft. of living space. each unit has stainless steel appliances, updated kitchens, in-unit laundry, and central heating/ac, maximizing tenant comfort and retention. generating $14,600/month with three of the four tenants paying utilities and one paying parking income, this is a high-yield, low-maintenance investment in one of berkeley’s most desirable neighborhoods. don’t miss out on this incredible opportunity!

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48760455

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Roof : Tar/Gravel
    • Windows: Screens
    • Property Appliances: Gas Water Heater,Dryer,Washer
    • Flooring: Tile,Vinyl

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Forced Air,Heat Pump,Natural Gas
    • Has Heating

  • Building Information

    • Year Built: 1909
    • Construction: Concrete,Wood Siding
    • Roof: Tar/Gravel

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0943
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 4107

  • Listing Price Information

    • Original List Price: 2,250,000
    • Listing Contract Date: 2025-02-28

    Lease Information

  • Tax Information

    • Parcel Number: 53160116

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: West on Ashby Ave, left on MLK Jr Way Cross Street: Prince Street.
    • Source Property Type: Residential Income
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 116
    • Structure Type: Quadruplex
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 03/29/2025 @ 07:10

  • MLS: 41087575
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 4,107 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Berkeley , in zip code 94703, this Alameda County Home are nearby neighborhoods.