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    Martin Luther King Jr Way Berkeley, CA 94709

    For Sale
    $2,400,000

    Five-unit building near UC Berkeley, built in 1915.

    Property size:
    3,083 SF
    Lot size:
    0.14 Acres

    Property Features for Martin Luther King Jr Way

    General Information

    Standard status
    Active
    Size
    3,083 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1915

    Source: MARCUS & MILLICHAP Agent EMIL JELLINEK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berkeley Multifamily Property For Sale

    Located at 1300 Martin Luther King Jr. Way in Berkeley, this property, constructed in 1915, features a two-story building comprising five units. The unit mix includes two one-bedroom units and three three-bedroom units. The property is recognized for its historical importance as the original residence of architect Bernard Maybeck. Situated in a sought-after Berkeley neighborhood, it is within walking distance of the UC Berkeley campus. The property size is 3083 square feet. This property presents an investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.2747631
    Latitude
    37.8842218

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    FAQs

    What type of property is this?
    Apartment building - Five-unit building near UC Berkeley, built in 1915.
    Where is this apartment building located?
    The property is located at Martin Luther King Jr Way Berkeley, CA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime location in a highly desirable Berkeley neighborhood, walking distance to UC Berkeley.; - Significant historical value as the original home of architect Bernard Maybeck.; - Five units in one building: two 1-bedroom and three 3-bedroom units.
    (415) 625-2160
    Request Owner's contact information
    Martin Luther King Jr Way Berkeley, CA 94709
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    Berkeley, CA 94709
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Martin Luther King Jr Way Berkeley, CA 94709
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