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Multifamily

1300 Martin Luther King Jr Way

1300 Martin Luther King Jr Way, Berkeley, CA 94709

Listing Price: $2,400,000

Cap Rate
5.36%
Number of Units
5
GRM
11.83
Price/Unit
$480,000
Price/Gross SF
$789.99
Gross SF
3,038

Investment Overview

Built in 1915, the property at 1300 Martin Luther King Jr. Way in Berkeley comprises five units in one two-story building. The property includes two one-bedroom units and three three-bedroom units and is known for its historical significance as the original home of architect Bernard Maybeck. Located in one of the most desirable neighborhoods in Berkeley, within walking distance of UC Berkeley’s campus, it presents a great investment opportunity for a new owner.

Investment Highlights

  • Ideal unit mix of (3) 3 Bedroom units & (2) 1 Bedroom units
  • Located in the heart of Berkeley's Ghourmet Ghetto
  • Walking distance from UC Berkeley's Campus

Exclusively Listed By

Multifamily

1300 Martin Luther King Jr Way

Listing Price: $2,400,000

Cap Rate
5.36%
Number of Units
5
GRM
11.83
Price/Unit
$480,000
Price/Gross SF
$789.99
Gross SF
3,038

Investment Highlights

  • Ideal unit mix of (3) 3 Bedroom units & (2) 1 Bedroom units
  • Located in the heart of Berkeley's Ghourmet Ghetto
  • Walking distance from UC Berkeley's Campus

Investment Overview

Built in 1915, the property at 1300 Martin Luther King Jr. Way in Berkeley comprises five units in one two-story building. The property includes two one-bedroom units and three three-bedroom units and is known for its historical significance as the original home of architect Bernard Maybeck. Located in one of the most desirable neighborhoods in Berkeley, within walking distance of UC Berkeley’s campus, it presents a great investment opportunity for a new owner.

Exclusively Listed By

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