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3615 Martin Luther King Jr Way
Oakland, CA 94609
Qualified Opportunity Zone & 6.24% Cap · Multifamily Property For Sale
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6 Units
Investment Highlights
- Six Remodeled & Occupied 2bd/1bth Units of Approximately 725 SF w/ in Unit W/D Hookups
- Current Rents Roughly 15% Below Market Rate & Seven Off Street Parking Spots
- Separately Metered for PG&E, Private Storage Rooms, and Seven Off-Street Parking Stalls
- Well Positioned North Oakland Location-Four Blocks from Macarthur BART
- Fresh Paint, New Windows, Repaved Walkways, Security Gate, and Upgraded Electrical System
- Qualified Opportunity Zone Loaded With Tax Benefits
Property Facts
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Tile Floors
- Kitchen
- Breakfast Nook
- Deck
- Double Pane Windows
- Handrails
- Linen Closet
- Patio
Site Amenities
- Fenced Lot
- Laundry Facilities
- Gated
- Car Wash Area
- Recycling
- Trash Pickup - Curbside
- Storage Space
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 725 |
Property Taxes
| Parcel Number | 012-0947-007-00 | Improvements Assessment | $930,000 |
| Land Assessment | $300,000 | Total Assessment | $1,230,000 |
Property Taxes
Parcel Number
012-0947-007-00
Land Assessment
$300,000
Improvements Assessment
$930,000
Total Assessment
$1,230,000
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