SOLD 09/13/2022
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Home sold for $1,200,000 in 48 days
2816 Martin Luther King Jr Way Berkeley, CA, 94703
Off the market 4 beds 2,119 sqft
Asking only $1.2MM in an area where duplexes average $1.35MM, South Berkeley’s 2816 Martin Luther King Jr Way is a property no investor should ignore. This is a generously sized duplex, with each unit occupying its own floor & offering an average of 1,000 sq.ft. of livable space. A massive backyard & sun-soaked deck greatly expand the perceived size of each unit, given Berkeley’s idyllic year-round climate. More importantly for prospective buyers, the large rear offers undeniable ADU potential, which will increase the value of this purchase long term. Of course, the real value here is in the property’s location—1.5 miles for UC Berkeley, minutes from downtown, three blocks from BART, and one block from Grove Park. The pedestrian-friendly nature of 2816 MLK Way, coupled with its easy access to the best Berkeley has to offer, makes this property very appealing. Its proximity to anything a tenant could want ensures the new owners will be able to secure top-tier rents with ease.
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Property details
2,119 sqft interior area
Property type
Home
Interior area
2,119 sqft
Land area
4,791 sqft (0.11 acres)
Price per sqft
$566/sqft
Address
2816 Martin Luther King Jr Way, Berkeley, CA, 94703
City of California
Berkeley
County
Alameda
Previous price
$1,200,000
Sold price
$1,200,000
Year Built
1906
District
Berkeley Map Area 8
Open Houses
No upcoming open houses
Interior Features
Hardwood, Tile, Vinyl, Carpet floors
Beds
4
Floors
Hardwood, Tile, Vinyl, Carpet
Security
Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Garage & Parking
Space Per Unit - 1, Tandem, On Street, Uncovered Parking Space, Street Parking
Laundry Features
Dryer, In Basement, Washer
Heathing & Cooling
No Air Conditioning, Natural Gas, Wall Furnace
Other rooms
Storage, Storage Area(s)
Appliances
Dryer, Washer, Gas Water Heater
Basement
Storage Space, Unfinished
Listed by
Joey Wang, Keller Williams Realty
Name
Joey Wang
License number
01890931
Brokerage company
Keller Williams Realty
MLS #
41003342
Buyer agent
Name
Out Of Area Out
Brokerage company
OUT OF AREA - NON MEMBER
Payment calculator
Calculate your monthly payments
Mortgage
$3,685
Taxes
$0
HOA dues
$0
Mortgage
$240,000 / 20%
2.28%
30 years
Your amount
$3,685 / month
Exterior Features
Frame, Wood Siding construction and more
Utilities
Individual Electric Meter, Individual Gas Meter
Construction
Frame, Wood Siding
Yard
Back Yard, Garden, Landscape Back, Landscape Front, Yard Space
Lot details
TMK #53167713
Lot Description
Back Yard, Garden, Landscape Back, Paved, Security Gate
Parcel nr.
53167713
94703 info
Essentials nearby
Neighborhood stats
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94703
38%
Families with children
National average: 39%
53%
Non family households
310,188
Population
$135,525
Average Income
Age & gender
Median age 38 years
More info
Commute types
51% commute by car
More info
Education level
35% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
46% have 1 vehicle
More info
Vehicles by gender
46% have 1 vehicle
More info
Housing market insights for
$1.34m
Neighborhood average
sales price*
sales price*
$1.2m
Neighborhood median
sales price*
sales price*
578
Number
of sales*
of sales*
Housing type
38% are single detacheds
More info
Rooms
32% of the houses have 4 or 5 rooms
More info
Bedrooms
51% have 2 or 3 bedrooms
More info
Owners vs Renters
54% are renters
More info
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Malcolm X Elementary School
1731 Prince Street,
Berkeley, CA 94703
Elementary School |
0.35mi |
| out of 10 |
Longfellow Arts And Technology Middle School
1500 Derby Street,
Berkeley, CA 94703
Middle School |
0.466mi |
| out of 10 |
Berkeley Technology Academy
2701 Martin Luther King Junior Way,
Berkeley, CA 94704
High School |
0.171mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Malcolm X Elementary School
1731 Prince Street,
Berkeley, CA 94703
|
0.35mi |
|
Walden Center And School
2446 McKinley Avenue,
Berkeley, CA 94703
|
0.439mi | |
| out of 10 |
Leconte Elementary School
2241 Russell Street,
Berkeley, CA 94705
|
0.51mi |
| out of 10 |
Washington Elementary School
2300 Martin Luther King Junior Way,
Berkeley, CA 94704
|
0.672mi |
|
American International Montessori School
3339 Martin Luther King Junior Way,
Berkeley, CA 94703
|
0.682mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Longfellow Arts And Technology Middle School
1500 Derby Street,
Berkeley, CA 94703
|
0.466mi |
| out of 10 |
Willard Middle School
2425 Stuart Street,
Berkeley, CA 94705
|
0.73mi |
|
Quantum Camp
2176 Shattuck Avenue,
Berkeley, CA 94704
|
0.877mi | |
|
East Bay School For Boys
2340 Durant Avenue,
Berkeley, CA 94704
|
0.882mi | |
|
The Academy
2722 Benvenue Avenue,
Berkeley, CA 94705
|
0.946mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Berkeley Technology Academy
2701 Martin Luther King Junior Way,
Berkeley, CA 94704
|
0.171mi |
| out of 10 |
Berkeley High School
1980 Allston Way,
Berkeley, CA 94704
|
0.807mi |
|
Aspire California College Preparatory Academy
2125 Jefferson Avenue,
Berkeley, CA 94703
|
0.883mi | |
|
Maybeck High School
2727 College Avenue,
Berkeley, CA 94705
|
1.055mi | |
|
Realm Charter High School
2023 8th Street,
Berkeley, CA 94710
|
1.452mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Sep 13, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 13, 2022 | Sold | $1,200,000 | 566.3 | Public Record |
| Aug 19, 2022 | Pending | $1,200,000 | 566.3 | MLS #41003342 |
| Jul 28, 2022 | New Listing | $1,200,000 +361.54% | 566.3 | MLS #41003342 |
| Jun 3, 1998 | Sold | $260,000 | 122.7 | Public Record |
| Jun 3, 1998 | Price Increase | $260,000 +4.02% | 122.7 | MLS #28457251 |
| Apr 23, 1998 | Under contract | $249,950 | 117.96 | MLS #28457251 |
| Mar 17, 1998 | New Listing | $249,950 | 117.96 | MLS #28457251 |
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Frequently Asked Questions about 2816 Martin Luther King Jr Way
What is 2816 Martin Luther King Jr Way?
2816 Martin Luther King Jr Way, Berkeley, CA, 94703 is a single family home located in the city of Berkeley, California with zipcode 94703. This single family home has 4 bedrooms with an interior area of 2,119 sqft.
Which year was this home built?
This home was build in 1906.
Which year was this property last sold?
This property was sold in 2022.
What is the full address of this Home?
2816 Martin Luther King Jr Way, Berkeley, CA, 94703.
Are grocery stores nearby?
The closest grocery stores are Berkeley Bowl, 0.24 miles away and Shattuck Market, 0.59 miles away.
What is the neighborhood like?
The 94703 zip area has a population of 310,188, and 38% of the families have children. The median age is 38.48 years and 51% commute by car. The most popular housing type is "single detached" and 54% is renter.
Based on information from the bridgeMLS as of 04-26-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Sep 14, 2022
Verhouse Last checked 5 minutes ago
The closest grocery stores are Berkeley Bowl, 0.24 miles away and Shattuck Market, 0.59 miles away.
The 94703 zip area has a population of 310,188, and 38% of the families have children. The median age is 38.48 years and 51% commute by car. The most popular housing type is "single detached" and 54% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
