California / Berkeley / 94709 / 1635 Martin Luther King Junior Way

1635 Martin Luther King Junior Way

Q: What is the asking price for 1635 Martin Luther King Junior Way in Berkeley?

The asking price for 1635 Martin Luther King Junior Way is $3,995,000

Q: What is the building size of this Multifamily property in Berkeley, CA?

The size of the building/unit at 1635 Martin Luther King Junior Way in Berkeley is 7,363 square feet.

Q: How much land does the Berkeley, CA property at 1635 Martin Luther King Junior Way include?

1635 Martin Luther King Junior Way in Berkeley includes 0.170 acres of land.

Q: What is the population within 1 mile of 1635 Martin Luther King Junior Way?

The population within 1 mile of 1635 Martin Luther King Junior Way Berkeley, CA 94709 is 46,782 people.

Q: Who do I contact for questions about 1635 Martin Luther King Junior Way?

You should contact the listing agent, Kent Mitchell, for any details regarding this commercial listing.

Berkeley, CA 94709

Listing ID: 250946

Print Single-Page Version

1635 Martin Luther King Junior Way | for Sale | Thumbnail 1

1635 Martin Luther King Junior Way | for Sale | Thumbnail 2

1635 Martin Luther King Junior Way | for Sale | Thumbnail 3

Building Size: 7,363 SF

Lot Size: 0.170 AC

Land Size: 7,405 SF

Building $/SF: $542.58

Land $/SF: $539.50

Price

$3,995,000

Property Highlights

Rare opportunity to set market rents and maximize return

Just minutes to Downtown Berkeley, UC Berkeley, North Berkeley shoppingdining, and more

90 Walk Score and 94 Bike Score designated as a Walkers and Bikers Paradise by WalkScore.com

Six units delivered vacant, providing flexibility for the buyer and options to renovate to taste

Nine off-street parking spaces, on-site coin-operated laundry facility

0.8 miles from both the North Berkeley BART Station and Downtown Berkeley BART station, offering complete Bay Areaacces

Description

The Mitchell Warren Team is pleased to present 1635 Martin Luther King Junior Way, a well-maintained nine-unit apartment community located in North Berkeley. The 7,363 sq. ft. property consists of two 3-bedroom, 2-bathroom units; six 2-bedroom, 1-bathroom units; and one 1-bedroom, 1-bathroom unit. Six units are being delivered vacant, providing flexibility for the buyer and options to renovate to taste. Amenities include nine off-street parking spaces and an on-site coin-operated laundry facility. The property offers a rare opportunity to set market rents and maximize return. This highly sought-after location will continue to attract premium tenants and maintain a very low vacancy rate.
1635 Martin Luther King Junior Way offers quick access to public transportation. Both the North Berkeley BART station and Downtown Berkeley BART station are just 0.8 miles from the property, offering tenants convenient access to the entire Bay Area. Just a short walk east is the “Gourmet Ghetto,” which is home to world-famous Michelin-starred restaurants such as Chez Panisse as well as local favorites such as The Cheeseboard Pizza and Triple Rock Brewery. Additionally, Trader Joe’s and Andronico's Community Markets are just a few blocks from the property, making grocery shopping a breeze for tenants.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Oakland History of Multifamily Housing for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 1635 Martin Luther King Junior Way Berkeley, CA 94709

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		46,782	213,986	385,975
Population Median Age		37	38	39
Population by Age	0-9 Yrs	2832 (6%)	18234 (8%)	33796 (8%)
	10-19 Yrs	5710 (12%)	25779 (12%)	38407 (9%)
	20-29 Yrs	14041 (30%)	46421 (21%)	71871 (18%)
	30-39 Yrs	6315 (13%)	33976 (15%)	68363 (17%)
	40-49 Yrs	4455 (9%)	26028 (12%)	49575 (12%)
	50-59 Yrs	4327 (9%)	22418 (10%)	43458 (11%)
	60-69 Yrs	4644 (9%)	21400 (10%)	41295 (10%)
	70+ Yrs	4459 (9%)	19731 (9%)	39209 (10%)

Median HH Income		$76,923	$96,436	$92,731
Total Household Income	< 24K	3701 (19%)	13214 (15%)	26605 (16%)
	25-49K	2879 (15%)	11811 (14%)	22542 (13%)
	50-74K	2604 (13%)	9699 (11%)	19268 (11%)
	75-99K	1683 (9%)	8648 (10%)	17931 (11%)
	100-199K	4677 (25%)	23145 (27%)	43703 (26%)
	200K+	3082 (16%)	17762 (21%)	32219 (19%)

Highest Education Level	No Diploma	829	6022	16101
	Diploma or GED	1475	10802	25913
	Some College	3297	17124	37878
	Assoc. Degree	1099	7012	15715
	Bachelors Degree	10762	50166	94794
	Higher Degree	12429	54991	92141

Total Housing Units		20,035	90,122	172,804
--Owner-Occupied		6,983	37,876	71,142
--Renter-Occupied		11,642	46,403	91,127
Owner-Occupied Values	< 100K	111	601	1353
	100-199K	100	391	1113
	200-299K	97	601	2046
	300-399K	162	1453	4673
	400-499K	187	1641	5010
	500K+	6327	33189	56947

Total Working Age Population		42,232	185,328	333,696
In Work Force		25,980	122,173	225,427
Not In Work Force		16,253	63,155	108,268
Workforce Employed		24,817	116,184	214,123
Workforce Unemployed		1,153	5,929	11,233
Civlian Workforce		25,970	122,113	225,356
Military Workforce		10	60	71

Total Households		18,625	84,279	162,269
Family Households		7,796	42,549	79,313
Non-Family Households		10,830	41,730	82,956
Married Couple		6,256	32,865	59,786
Other Family		1,540	9,684	19,527
Married w/Child		2,442	13,801	23,599
Single Male w/Child		140	1,183	2,125
Single Female w/Child		514	3,134	6,313

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Alameda County	1,443,741	+5	1,510,271	+12	1,696,752	+10	1,861,027
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
Marin County	247,289	+2	252,409	+4	263,085	+2	267,912
San Francisco County	776,733	+4	805,235	+12	903,294	+8	976,481

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1635 Martin Luther King Junior Way in Berkeley?

The asking price for 1635 Martin Luther King Junior Way is $3,995,000

What is the building size of this Multifamily property in Berkeley, CA?

The size of the building/unit at 1635 Martin Luther King Junior Way in Berkeley is 7,363 square feet

How much land does the Berkeley, CA property at 1635 Martin Luther King Junior Way include?

1635 Martin Luther King Junior Way in Berkeley includes 0.170 acres of land

What is the population within 1 mile of 1635 Martin Luther King Junior Way in Berkeley?

The population within 1 mile of 1635 Martin Luther King Junior Way Berkeley, CA 94709 is 46,782 people.

Who do I contact for questions about 1635 Martin Luther King Junior Way?

You should contact the listing agent, Kent Mitchell, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
1729 Arch Street, Berkeley, CA	CALL	5818	0.14
1919 Curtis Street, Berkeley, CA	$2,800,000	7364	-
2410 Dwight Way, Berkeley, CA	$3,750,000	7520	0.15
2545 Regent Street, Berkeley, CA	$1,950,000	3936	0.13
2323 Tenth Street, Berkeley, CA	$1,885,000	5544	0.16
2218 Ashby Avenue, Berkeley, CA	$1,524,888	2660	0.12
2030 Essex Street, Berkeley, CA	$1,250,000	2820	0.11
316 Arlington Avenue, Kensington, CA	$1,825,000	3495	0.15
6108 Martin Luther King Junior Way, Oakland, CA	$1,550,000	3359	0.1
1049 43rd Street, Emeryville, CA	$3,825,000	7218	0.31

Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	11
San Francisco International Airport (SFO)	19
Norman Y. Mineta San Jose International Airport (SJC)	40