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Off market
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  • $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

    List your home for rent

    $3,070/mo

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    $3,070/mo

    Rent Zestimate®

    Refinance and save

    $7,504/mo

    Est. payment

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    $7,504/mo

    Est. payment

    What's special

    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.

    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