Investor's will have a hard time finding better cash flow in Oakland! 4 Large Apartments Walking Distance to Macarthur BART station. Turn Key Investment with Fantastic In-Place Income. Great Cash Flow Immediately with a 6.13% in-place Cap Rate and $105,300 gross annual income. Central Location - Close to Downtown Oakland/Bart with a Walk Score of 86, and a Bike Score of 90. It's just a 9 Minute Walk to Macarthur BART (0.6 Miles). Just under 1.5 Miles To The FOX Theater And Downtown Oakland. There is automatic upside with the potential to build 5 more units on this land. 3 Units Have Been Beautifully Renovated with hardwood floors/paint, quartz counter tops, refurbished cabinets, new appliances, etc.
Off market
Street View
Zestimate®
$1,177,400
3435 Martin Luther King Jr Way, Oakland, CA 94609
--beds
0baths
3,759sqft
MultiFamily
Built in 1910
-- sqft lot
$1,177,400 Zestimate®
$313/sqft
$3,070 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Wall
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,759 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 10,402 sqft
Details
- Parcel number: 97381
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1910
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Oakland
Other
Other facts
- Lot Description: Corner
- Parking: Uncovered
- Unit 1: 1 Bath, 1 Bedroom
- Unit 2: 1 Bath, 1 Bedroom
- Square Footage Source: Per Tax Records
- Unit 3: 1 Bath, 1 Bedroom
- Foundation: Concrete Perimeter, Pillars/Posts/Piers, Concrete
- Miscellaneous: Storage Area(s)
- Type: Fourplex
- Property Subtype 1: 4 Units
- Miscellaneous: Fenced Yard
- Subdist: Oakland
- District: Alameda County
- Roof: Shingle
- Miscellaneous: Dog Run
- Unit 4: 3 Bedrooms, 1.5 Baths
- Status: Pending
- Lot Measurement: SqFt
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Estimated market value
$1,177,400