$5,350,000
$5,250,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
7,248 Sqft Lot
SOLD DATE : 08/31/2022
Key Details
Sold Price $5,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40993587
Sold Date 08/31/22
HOA Y/N No
Year Built 1964
Annual Tax Amount $65,667
Lot Size 7,248 Sqft
Property Description
1635 Martin Luther King Junior Way is a fully renovated turn-key nine-unit apartment building in North Berkeley. The 7,363 sq. ft. property consists of two (2) 3-bedroom, 2-bathroom units; six (6) 2-bedroom, 1-bathroom units; and one (1) 1-bedroom, 1-bathroom unit. The property has been fully renovated. The exterior of the building is upgraded with new paint and windows, new modern railings on all walkways and decks, a freshly-poured concrete parking lot/driveway, and new landscaping and lighting. All interiors are renovated with stainless appliances, new cabinets with quartz countertops, recessed lighting, and new plank-style flooring throughout. The building will be delivered 100% vacant, providing flexibility for the buyer. Amenities include nine off-street parking spaces and on-site coin-operated laundry. This sought-after location attracts premium renters and makes it easy, in combination with fully upgraded units and exteriors, to maintain an ultra-low vacancy rate with minimal m
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Composition
Total Parking Spaces 9
Others
Tax ID 58217125
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Bought with Zaheer Siddiqui • BHG Reliance Partners
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States