1705 Martin Luther King Jr Way | Oakland, CA 94612
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- LoopNet Team
1705 Martin Luther King Jr Way
Oakland, CA 94612
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- UNIT MIX: (6) 1x1 UNITS
- “WALKER’S PARADISE” WITH A WALK SCORE OF 96 AND BIKE SCORE OF 93
- 4.63% CAP / 7.11 CAP PRO FORMA | 11.41 GRM / 8.76 GRM PRO FORMA
- FANTASTIC LOCATION BORDERING WEST OAKLAND AND DOWNTOWN
- BLOCKS FROM RESTAURANT AND ENTERTAINMENT VENUES IN THE THRIVING DOWNTOWN AREA
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 5,586 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1924 |
| Zoning | CBD-X | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,586 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | CBD-X |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 931 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,948,279 | |
| Land Assessment | $827,736 | Total Assessment | $2,776,015 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$827,736
Improvements Assessment
$1,948,279
Total Assessment
$2,776,015
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