1988 Martin Luther King Jr Way Berkeley, CA 94704-1665
Property profile & analytics
1988 Martin Luther King Jr Way, Berkeley, CA 94704-1665
- Apartment buildings
- 108,048 SF
- 1.00 lot acres
Property ID
US09-7251964
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- New Californian Apartments / Apartment Complex
Property Details for 1988 Martin Luther King Jr Way
- Year built
- 2010
- Construction
- STEEL FRAME
- Lot size
- 1.00 lot acres
- Property type
- Apartment buildings
- APN
- 57-2060-1
- APU
- 5720601
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 1, 2025 | — | New Californian LLC | 1950 Mlk LLC | Grant Deed | $43.4M · Cbre Capital Markets INC |
| Oct 17, 2008 | — | 1950 Mlk LLC | — | Trustees Deed · related | $35M · Wells Fargo Bank |
| Apr 30, 2002 | $3,450,000 | 1950 Mlk LLC | Alder Investment INC | Grant Deed · related | $2.5M · Alder Investment INC |
| Feb 20, 2001 | $2,650,000 | Aldar Investment INC | Williamson Trust | Grant Deed | $2.3M · Seller |
| Jan 17, 1996 | — | Williamson Trust | Williamson,h B | Quit Claim Deed · related | — |
| — | — | H B Williamson Trustee | — | Deed Of Trust · related | $1.2M · Southern Pacific Bank |
| — | — | Aldar Investment INC | — | Deed Of Trust · related | $300k · Louise Peel |
| — | — | Aldar Investment INC | — | Deed Of Trust · related | $132k · Louise Peel |
| — | — | 1950 Mlk LLC | — | Deed Of Trust · related | $3.5M · Wells Fargo Bank |
| — | — | 1950 Mlk LLC | — | Deed Of Trust · related | $33.5M · Metlife Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $35,795,000
- 6.5%
- $33,040,000
- 7%
- $30,680,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $38,510,000 Current use
- RETAIL STORES
- $39,055,000 Change: +1% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $34,795,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.274
- Latitude
- 37.872
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$753,585
$2,751,656
$41,536,060
$44,287,716
-
$0.00
$0.00
$0.00
