1423 Martin Luther King Jr Way - Apartments FOR SALE


Oakland, CA 94612
$695,000 USD
707-363-2463
1423 Martin Luther King Jr Way, Oakland, CA for Sale
$695,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1423 Martin Luther King Jr Way
Oakland, CA 94612


HIGHLIGHTS

  • Consists of one large (1) 3-bedroom, 2-bathroom unit and one sizable (1) 4-bedroom, 1.5-bathroom unit
  • Individually metered for water, gas, and electricity minimizing operating expenses
  • Walkscore of 93 and a Bikescore of 95 make it an attractive choice for potential tenants
  • Short walk to both Oakland's City Center, a major Downtown hub, and Preservation Park
  • Just four blocks from the 12th Street BART Station offering complete Bay Area access

OVERVIEW

SELLER FINANCING AVAILABLE! The Mitchell Warren Team proudly presents 1423 Martin Luther King Junior Way, a spacious 2,931 SF duplex ideally situated in Downtown Oakland. This unique property features a 3-bedroom, 2-bathroom unit on the first floor and a large 4-bedroom, 1.5-bathroom unit on the second floor, both individually metered for gas, water, and electricity minimizing operating expenses. Centrally located, this duplex offers convenience and accessibility to Downtown Oakland's vibrant amenities, including dining, entertainment, and transportation options. Whether you are looking to invest or reside in Oakland's thriving urban environment, this property presents a fantastic opportunity!

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

2

PRICE/UNIT

$347,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SELLER FINANCING - 5% Interest Rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,383 SF

ZONING

-

APN/PARCEL ID

003-0073-011-00

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.