1742mlk.com; Incredible Investment Just Blocks Away From the UC Berkeley Campus, Perfect for an Owner-Occupant or Student Housing Investor; Three Total Units, Including One 2bd/1bth, One 1bd/1bth, and One Studio; Current Rents Approximately 40% Below Market Rate, Providing an Excellent Value-Add Opportunity; Every Unit Includes Basement Storage for Added Convenience and Tenant Satisfaction; All Units are Separately Metered for Gas and Electricity; Individual Wall Heaters, On-site Coin-Operated Laundry, Ample Street Parking, A New Back Porch, and Electronic Security Gate; Prime North Berkeley Location, Near an Array of Restaurants, Parks, Public Transportation, I-80, and UC Berkeley; Email Agent For Complete Marketing Package.
Sold for $1,070,000
$1,070,000
1742 Martin Luther King Jr Way, Berkeley, CA 94709
--beds
--baths
1,943sqft
Triplex
Built in 1915
-- sqft lot
$1,203,300 Zestimate®
$551/sqft
$3,555 Estimated rent
Home value
$1,203,300
$1.06M - $1.36M
$3,555/mo
Zestimate® history
Owner options
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$3,555/mo
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$3,555/mo
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$6,762/mo
Est. payment
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$6,762/mo
Est. payment
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List your homeWhat's special
New back porchIndividual wall heatersElectronic security gatePublic transportationOn-site coin-operated laundry
Zillow last checked:
Listing updated:
Listed by:
Steven Pinza DRE #01867691 510-788-6045,
The Pinza Group, Inc
Bought with:
Steven Pinza, DRE #01867691
The Pinza Group, Inc
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41033619
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Other
Appliances
- Laundry: In Basement
Features
- Flooring: None
- Basement: Full
Interior area
- Total structure area: 1,943
- Total interior livable area: 1,943 sqft
Property
Parking
- Parking features: Off Street, Uncovered Parking Space
- Has uncovered spaces: Yes
Features
- Fencing: Full
Lot
- Size: 3,484 Square Feet
- Features: None
Details
- Parcel number: 5821685
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- None
Condition
- Year built: 1915
Utilities & green energy
- Utilities for property: No Water/Sewer
Green energy
- Energy efficient items: None, Other, Water Heater
Community & HOA
Community
- Security: Security Gate
HOA
- Has HOA: No
Location
- Region: Berkeley
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $1,091,400
- Date on market: 7/19/2023
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2023 | Sold | $1,070,000-2.3%$551/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41033619 Report a problem | ||
| 8/15/2023 | Pending sale | $1,095,000$564/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41033619 Report a problem | ||
| 7/20/2023 | Listed for sale | $1,095,000$564/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41033619 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,091,400 +2% |
| 2024 | $17,027 +135.1% | $1,070,000 +300.6% |
| 2023 | $7,243 +2.9% | $267,078 +2% |
| 2022 | $7,038 +0.5% | $261,841 +2% |
| 2021 | $7,003 +8.6% | $256,707 +1% |
| 2020 | $6,447 +7.5% | $254,075 +2% |
| 2019 | $5,995 +6.8% | $249,094 +2% |
| 2018 | $5,614 | $244,210 +2% |
| 2017 | $5,614 +5.9% | $239,422 +2% |
| 2016 | $5,301 -0.1% | $234,728 +1.5% |
| 2015 | $5,304 | $231,203 +2% |
| 2014 | $5,304 | $226,675 +0.5% |
| 2013 | -- | $225,652 +2% |
| 2012 | -- | $221,228 +2% |
| 2011 | -- | $216,892 +0.8% |
| 2010 | -- | $215,271 -0.2% |
| 2009 | -- | $215,784 +2% |
| 2008 | -- | $211,553 +2% |
| 2007 | -- | $207,405 +2% |
| 2006 | -- | $203,339 +2% |
| 2005 | -- | $199,353 +2% |
| 2004 | -- | $195,446 +1.9% |
| 2003 | -- | $191,865 +2% |
| 2002 | -- | $188,103 |
Find assessor info on the county website
Neighborhood: North Berkeley
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Nearby schools
GreatSchools rating
- 10/10Berkeley Arts Magnet at Whittier SchoolGrades: K-5Distance: 0.2 mi
- 10/10Willard Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Berkeley High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,203,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,203,300
- California
- Alameda County
- Berkeley
- 94709
- North Berkeley
- 1742 Martin Luther King Jr Way
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