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3615 Martin Luther King Jr Way
Oakland, CA 94609
Multifamily Property For Sale · 6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,350 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.61/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,350 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.61/1,000 SF |
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
About 3615 Martin Luther King Jr Way , Oakland, CA 94609
NAI Northern California and Shivu Srinivasan are pleased to be retained as the exclusive listing agent for 3615 Martin Luther King Jr. Way. The subject property is a 6-unit apartment complex featuring (6) 2 bed / 1 bath units and ample on-site parking. Tenants enjoy the comfort and leisure of this well-located property. The 4,350 square foot property was built in 1963 and has been well maintained by current ownership. This is an excellent opportunity for an investor to acquire a stable asset with great rental upside. The property is close to downtown Oakland with several shops, businesses, restaurants, and other entertainment establishments. 3615 Martin Luther King Jr. Way is in walking distance to the MacArthur BART station, has access to major crosstown bus lines, and the I-580 & I- 980 freeway. This property is ideally located for tenants commuting to Downtown San Francisco and Oakland, and the Emeryville business district. Recently, the East Bay market has experienced significant spillover from the San Francisco housing shortage. Most notably, tech giants such as Uber have begun moving into the Oakland market, further adding to the appreciation and excitement in the area. This property's proximity to Bart makes it an extremely stable and promising investment.
PROPERTY TAXES
| Parcel Number | 012-0947-007-00 | Improvements Assessment | $1,519,628 |
| Land Assessment | $735,303 | Total Assessment | $2,254,931 |
PROPERTY TAXES
