Alameda County  »  94703  »  Martin Luther King JR Way  »  1988 Martin Luther King JR Way

New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 - Property report

Also known as: 1888 Berkeley Way

Property image for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703
static Mapbox map

Property type

Multiple Residential Building of 5 or More Units (7700)

Year built

2010

Acreage

1

Sale price

$3,450,000

General Information

Address
Primary address
1988 Martin Luther King JR Way
Berkeley, CA 94703
Alternate address(es)
1888 Berkeley Way
1888 Berkeley Way Apt
1920 Martin Luther King JR Way
Zip code
94703
Neighborhood
Central Berkeley
County
Alameda
Parcel ID
57-2060-1

Owner

Find out who owns New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703. Uncover corporate and individual owners with a free account.

Sales
Sale date
04/30/2002
Sale price
$3,450,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$556,649
Building
Property type
Multiple Residential Building of 5 or More Units
Building sq. ft.
108,048
Stories
5
Year built
2010
Building material
Wall, floor and roof structures are built of noncombustible materials
Last altered
2011
Elevator
Lot
Acreage
1
Lot sq. ft.
43,560
Zoning & use
Zoning
Qualified opportunity zone
Units
150

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
70 /100.  Excellent Transit
Bike score
99 /100.  Biker's Paradise
School district
BERKELEY UNIFIED SCH

Ownership information for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703

Sale date Sale price Buyer name Seller name
04/30/2002 $3,450,000 XXXX XXX XXX XXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about Alameda County property records.

Title documents

Date Type Amount Party 1 Party 2
12/05/2025 Subordination (deed of trust) XXXXXX XXXX XX XXXX XXXXXXX XXXXXXX XXX
12/01/2025 Ucc fin stmt(3&+pgs) XXXX XXXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/01/2025 Assignment (deed of trust) XXXX XXXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/01/2025 Deed of trust
Assignment of rents
Ucc fin stmt(1-2 pgs)
XXX XXXXXXXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
12/01/2025 Deed of trust
Assignment of rents
Ucc fin stmt(1-2 pgs)
XXX XXXXXXXXXXX XXX XXXX XXXXXXX XXXXXXX XXX
12/01/2025 Grant Deed XXXX XXX XXX XXX XXXXXXXXXXX XXX
07/25/2025 Ucc amendment(3&+ pgs) XXXX XXX XXX XXXXXXXXXXXX XXXX XXXXXXXXX XX
06/25/2020 Ucc amendment(3&+ pgs) XXXX XXX XXX XXXXXXXXXXXXX XXXX XXXXXXXXX XX
12/24/2018 Assignment (General) XXXXXXXXXXXX XXXX XXXXXXXXX XX XXXXXXX XXXX XXXXXX XXXXXXX XXX
12/24/2018 Assignment (Deed of Trust) XXXX XXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$556,649
Recent tax assessments
Market value
$45,171,515
Land value
$2,806,680
Building value
$42,364,835

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $45,171,515 1.2323 $556,649 +4.45%
2024-2025 $44,287,716 1.2033 $532,914 +1.77%
2023-2024 $43,420,295 1.206 $523,649 +1.06%
2022-2023 $42,570,645 1.2172 $518,170 -0.74%
2021-2022 $41,737,583 1.2508 $522,054 +3.74%
2020-2021 $41,316,394 1.218 $503,234 +5.69%
2019-2020 $40,527,414 1.1749 $476,157 -2.48%
2018-2019 $39,762,385 1.2279 $488,242 +3.45%
2017-2018 $38,888,620 1.2136 $471,952 +6.42%
2016-2017 $38,182,929 1.1615 $443,495 -3.62%

Permit information for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
10/04/2017
01/24/2017
11/19/2015
03/13/2013

*Most recent permits on record for this property.

Berkeley residential market stats

Access a detailed real estate market overview of Berkeley so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Berkeley and compare it to other neighborhoods in Alameda.

Median sale price

$1,300,000

-3.7% Y-o-Y

Median price/sq. ft.

$873

-4.9% Y-o-Y

Alameda county median sale price

$955,000

-6.4% Y-o-Y

Check out recently sold homes in Berkeley and see how their prices compare.

Demographics by ZIP code

Total population
20,934
Median age
37
Average household income
$166,128
Family households
44.6%
People per household (average)
2.39
Occupied housing units
8,662
Owner-occupied units
40.8%
Median year structure built
1946
Median value mortgaged units
$1,446,900
Median value unmortgaged units
$1,152,300

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703?

The development at New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 was built in 2010.

What is the total square footage of New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703?

New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 has a total of 108,048 square feet.

When was New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 last sold and what was the sale price?

New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 was last sold on 04/30/2002 for $3,450,000.

What is the assessed value of New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703?

New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 is currently assessed at $45,171,515.

What are the property taxes for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703?

The property taxes for New Californian - 1988 Martin Luther King JR Way, Berkeley, CA 94703 total $556,648.

How many residential units does this building have?

This building has 150 residential unit(s).

Disclaimer

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