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1423 Martin Luther King Jr Way
Oakland, CA 94612
SELLER FINANCING - 5% Interest Rate · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Consists of one large (1) 3-bedroom, 2-bathroom unit and one sizable (1) 4-bedroom, 1.5-bathroom unit
  • Walkscore of 93 and a Bikescore of 95 make it an attractive choice for potential tenants
  • Just four blocks from the 12th Street BART Station offering complete Bay Area access
  • Individually metered for water, gas, and electricity minimizing operating expenses
  • Short walk to both Oakland's City Center, a major Downtown hub, and Preservation Park

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.05 AC
Building Size 2,931 SF
Average Occupancy 100%
No. Stories 2
Year Built 1905

Amenities

Unit Amenities

  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • Carpet
  • Breakfast Nook
  • Dining Room
  • Family Room
  • Porch

Site Amenities

  • Fenced Lot
  • Recycling
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - 1,265
4+1.5 1 - 1,665

Property Taxes

Property Taxes

Parcel Number
003-0073-011-00
Land Assessment
$20,718
Improvements Assessment
$74,584
Total Assessment
$95,302
  • Listing ID: 32494119

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 1423 Martin Luther King Jr Way, Oakland, CA 94612

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