Great opportunity to purchase extensively updated fourplex near Temescal. Over $100K in improvements completed in last 5 years, incl. new roof and ext. paint. All units renovated within last 5 years. Unit mix includes (2) 3x1 units, and (2) 2x1 units. Separately metered for PG&E. Sewer lateral compliant. Secure, off-street parking spaces. Easy access to all major East Bay freeways, across the street from Children's Hospital, and just blocks from the Temescal.
Off market
Zestimate®
$1,217,500
5231 Martin Luther King Jr Way, Oakland, CA 94609
10beds
4baths
2,535sqft
MultiFamily
Built in 1913
-- sqft lot
$1,217,500 Zestimate®
$480/sqft
$3,200 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Other
Interior area
- Total interior livable area: 2,535 sqft
Property
Lot
- Size: 5,122 sqft
Details
- Parcel number: 1412012
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1913
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Class: RESIDENTIAL INCOME
- EXTERIOR: Stucco
- FINANCIAL DATA SOURCE: Owner, Other, Estimated, Projected
- LOT DESCRIPTION: Regular
- PARKING DESCRIPTION: Off Street Parking
- POSSESSION: COE, Tenant's Rights, Other
- TENANT PAYS: Electric, Gas, Other
- TERMS: Cash, Conventional
- WATER/SEWER: Sewer System - Public, Water - Public, Other
- Building Type: FOURPLEX
- ADDTL MISC. FEATURES: Balcony/Patio, Other
- EQUIPMENT ADDITIONAL: Other, Water Heater Electric
- ROOF: Other
- EXISTING LEASE TERMS: Other
- City Transfer Tax: Yes
- City: OAKLAND
- Point of Sale Ordinance: Yes
- DISCLOSURES: Nat Hazard Disclosure, Rent Control, Other - Call/See Agent
- BASEMENT: Other
- COOLING: Other
- HEATING: Other Heat
- FLOORING: Other
- YARD DESCRIPTION: Other
- Area: Oakland Zip Code 94609
- Source: Appraisal
- Dist/Neighborhood/Subdiv: SANTA FE
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Estimated market value
$1,217,500