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2565-2577 Martin Luther King Jr Way
Oakland, CA 94612
**SELLER FINANCING AVAILABLE** · Multifamily Property For Sale · 12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 8,254 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Lot Size | 0.20 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,254 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1956 |
| Parking Ratio | 1.45/1,000 SF |
About 2565-2577 Martin Luther King Jr Way , Oakland, CA 94612
**SELLER FINANCING AVAILABLE** The Mitchell Warren team is pleased to present 2565 Martin Luther King Jr Way. Located in a thriving West Oakland location, this property offers off-street parking, and convenient downtown access. The property consists of (4) 2 bedroom / 1 bathroom units, (5) 1 bedroom / 1 bathroom units, (2) large studios, and (1) ground-floor retail space. This is an amazing opportunity to acquire an asset with a great in-place return AND significant upside potential. 2565 Martin Luther King Jr Way is located in West Oakland. This attractive location is ideal for tenants commuting to all points of the Bay Area due to its central location right off the 880 freeway. Commuters utilizing public transportation will see the benefit of living near city bus lines and being ONLY 0.8 miles from the 19th Street BART station. In addition, the property is a short walk to both Uptown and Downtown amenities allowing endless shopping and restaurant choices. Because of this property's appealing location, it will continue to demand premium tenants and maintain a very low vacancy rate.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 009-0679-022-00 | Improvements Assessment | $2,135,276 |
| Land Assessment | $920,423 | Total Assessment | $3,055,699 |
PROPERTY TAXES
zoning
| Zoning Code | R2 |
| R2 |
