Berkeley, CA 94703-2402,3042 Martin Luther King Jr Way
See all 22 photos
Berkeley, CA 94703-2402,3042 Martin Luther King Jr Way
Berkeley, CA 94703-2402,3042 Martin Luther King Jr Way
Berkeley, CA 94703-2402,3042 Martin Luther King Jr Way
Berkeley, CA 94703-2402,3042 Martin Luther King Jr Way
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
18
Mar
Wed
19
Mar
Thu
20
Mar
$ 2,250,000
Est. payment /mo
Save
Active

3042 Martin Luther King Jr Way Berkeley, CA 94703-2402


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41087575

HOA Y/N No

Year Built 1909

Lot Size 4,107 Sqft

Property Sub-Type Quadruplex

Property 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!

Location

State CA

County Alameda

Interior

Heating Forced Air, Heat Pump, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 2

Building

Lot Description Street Level, Yard

Sewer Public Sewer

Others

Tax ID 53160116


California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
agent

Nicole Darwin

Advisor

+1(707) 330-4357

GET MORE INFORMATION

Name
Phone*
Message
Go tour this home

3042 Martin Luther King Jr Way