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Berkeley, CA 94703,3042 Martin Luther King Jr Way
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Berkeley, CA 94703,3042 Martin Luther King Jr Way
Berkeley, CA 94703,3042 Martin Luther King Jr Way
Berkeley, CA 94703,3042 Martin Luther King Jr Way
Berkeley, CA 94703,3042 Martin Luther King Jr Way
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Devin Ratoosh

Devin Ratoosh

+1(510) 919-5499
$ 2,250,000
Est. payment /mo
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Active

3042 Martin Luther King Jr Way Berkeley, CA 94703

3,796 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,796 sqft

Price per Sqft $592

MLS Listing ID 41087575

HOA Y/N No

Year Built 1909

Lot Size 4,107 Sqft

Acres 0.09

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

Rooms

Basement None

Interior

Interior Features Updated Baths, Updated Kitchen, Shower Stall(s)

Heating Zoned, Natural Gas, Heat Pump, Hot Water, Heat Pump-Air

Cooling Ceiling Fan(s), Wall/Window Unit(s), Heat Pump

Flooring Tile, Vinyl

Fireplace No

Window Features Screens,Window Coverings

Appliance Dryer, Washer, Gas Water Heater, Tankless Water Heater

Laundry 220 Volt Outlet, Gas Dryer Hookup, Laundry Closet, In Unit, Washer

Exterior

Exterior Feature Side Yard

Utilities Available All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description 2 Houses / 1 Lot, Level, Paved

New Construction No

Others

Tax ID 53160116

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Joey Wang • Keller Williams Realty
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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