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3645 Martin Luther King Jr Way, Oakland, CA 94609

Multi-Family Home For Sale

3645 Martin Luther King Jr Way, Oakland, CA 94609 House For Sale - MLS #40828071
$750,000
Multi-Family
4 Family
This listing is courtesy of Jeffrey Williams from J.B. Williams, Broker.

Property Description for 3645 Martin Luther King Jr Way, Oakland, CA 94609

Built in 1902, the subject property represents a rare valu-add opportunity that is 2,564 square feet and features strong unit mix of a 4BR/1.5BA, a 2BR/1BA, a 1BR/1BA cottage, and an unoccupied 500 square-foot storefront. While the property needs a considerable amount of work, the investment shows strong potential for long-term returns. The property is ideal for an owner/user or investor looking to take on a project with long-term upside, and is also attractive for investors looking to purchase a project in an up-and-coming neighborhood in one of the hottest markets in the country. Furthermore, the building is within walking distance to the MacArthur BART station making it an attractive location for professional tenants commuting to downtown Oakland, Berkeley or San Francisco.

Interior Details

Exterior Details

0.06 acres
2,564 sq. ft.

Other Details

40828071
1902
Alameda
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31 Photos
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Monthly Mortgage Payments

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$4,745

BART> Stations Stops

MacArthur
0.21 miles
19th St Oakland
1.28 miles
Rockridge
1.51 miles
12th St Oakland City Center
1.59 miles
Ashby
1.86 miles

Town Description

Oakland's original inhabitants, the Huchiun tribe of Ohlone Indians lived here before Spanish explorers arrived in 1772. In 1797, Mission San Jose was built south of Oaklan, its lands extending...

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