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$2,250,000

$6,800Reward *

3042 Martin Luther King Jr Way, Berkeley, CA 94703-2402Listing ID 41097367

3042 Martin Luther King Jr Way, Berkeley, CA 94703-2402

Active

Time on site: 419 days • Last updated: Jun 5, 2025

Property Type

Residential Income

Property Sub Type

Quadruplex

Acres

0.09

Days on Site

419

Cooling

Wall/Window Unit(s)

Heating

Forced Air, Heat Pump, Natural Gas

Year Built

1909

Fully remodeled fourplex across from Ashby BART in South Berkeley—ideal for owner-occupiers or investors. Over $600K in upgrades include 9-ft ceilings, dual-pane windows, tankless water heaters, modern systems, and in-unit laundry. Each of the four units—2+BD/1BA, 3BD/2BA, 4BD/2BA, and studio—features updated kitchens and baths, central heat/AC, and quality finishes. The 3BD/2BA unit will be delivered vacant, while the other three units generate over $10K/month in income. Most tenants pay all utilities, and one pays for on-site parking, keeping expenses low. Walkable to Berkeley Bowl, cafes, parks, and UC Berkeley with easy access to SF and Oakland via BART. Don’t miss out on the chance to live in this turnkey opportunity in one of Berkeley’s most desirable neighborhoods!

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

BMLS-R01890931

3042 Martin Luther King Jr Way, Berkeley, CA 94703-2402

Market Report for 94703-2402

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information