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Multifamily

1425 Martin Luther King Jr Way

1425 Martin Luther King Jr Way, Berkeley, CA 94709

Listing Price: $2,050,000

Cap Rate
4.59%
Number of Units
4
GRM
12.94
Price/Unit
$512,500
Price/Gross SF
$732.14
Gross SF
2,800

Investment Overview

Built in 1898, the property at 1415 Martin Luther King Jr. Way in Berkeley consists of four units within a three-story building, each offering a 2-bedroom, 1-bathroom layout. The property is well located in one of Berkeley’s most desirable neighborhoods, within walking distance of UC Berkeley’s campus. Its unit mix, strong rental appeal, and proximity to the university make it an attractive investment opportunity for a new owner

Berkeley is widely recognized as one of the most desirable locations in the San Francisco Bay Area. Known for its vibrant culture, world-class educational institutions, and thriving culinary and arts scenes, Berkeley attracts a diverse population of students, professionals, and families. The city’s proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces only add to its allure. This demand for housing in Berkeley continues to drive rental prices upward, making it a prime location for real estate investment.

The property’s location in such a coveted area significantly enhances its value and investment potential. With Berkeley’s strong rental demand and limited housing supply, this property is well-positioned to provide consistent returns. Its desirable location, combined with the recent upgrades and superior tenant amenities, ensures that it will remain attractive to tenants for years to come, offering investors both stability and growth in a competitive market.

Investment Highlights

  • Ideal unit mix of (4) 2-Bed/1-Bath units
  • On-site laundry
  • Located in the heart of Berkeley's Gourmet Ghetto
  • ADU Potential
  • Off-street parking for all units
  • Walking distance from UC Berkeley's Campus
  • Steps away from the vibrant Shattuck Ave

Exclusively Listed By

Multifamily

1425 Martin Luther King Jr Way

Listing Price: $2,050,000

Cap Rate
4.59%
Number of Units
4
GRM
12.94
Price/Unit
$512,500
Price/Gross SF
$732.14
Gross SF
2,800

Investment Highlights

  • Ideal unit mix of (4) 2-Bed/1-Bath units
  • On-site laundry
  • Located in the heart of Berkeley's Gourmet Ghetto
  • ADU Potential
  • Off-street parking for all units
  • Walking distance from UC Berkeley's Campus
  • Steps away from the vibrant Shattuck Ave

Investment Overview

Built in 1898, the property at 1415 Martin Luther King Jr. Way in Berkeley consists of four units within a three-story building, each offering a 2-bedroom, 1-bathroom layout. The property is well located in one of Berkeley’s most desirable neighborhoods, within walking distance of UC Berkeley’s campus. Its unit mix, strong rental appeal, and proximity to the university make it an attractive investment opportunity for a new owner Berkeley is widely recognized as one of the most desirable locations in the San Francisco Bay Area. Known for its vibrant culture, world-class educational institutions, and thriving culinary and arts scenes, Berkeley attracts a diverse population of students, professionals, and families. The city’s proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces only add to its allure. This demand for housing in Berkeley continues to drive rental prices upward, making it a prime location for real estate investment. The property’s location in such a coveted area significantly enhances its value and investment potential. With Berkeley’s strong rental demand and limited housing supply, this property is well-positioned to provide consistent returns. Its desirable location, combined with the recent upgrades and superior tenant amenities, ensures that it will remain attractive to tenants for years to come, offering investors both stability and growth in a competitive market.

Exclusively Listed By

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