Price
$ 1,200,000
Pending

3435 MLK Jr. Way, Oakland, CA 94609  

3435 MLK Jr. Way, Oakland, CA 94609  

Investor's will have a hard time finding better cash flow in Oakland! 4 Large Apartments Close Distance to Macarthur BART station. Turn Key Investment with Fantastic In-Place Income. Great Cash Flow Immediately with a 6.13% in-place Cap Rate and $105,300 gross annual income. Central Location – Close to Downtown Oakland/Bart with a Walk Score of 86, and a Bike Score of 90. It's just a 9 Minute Walk to Macarthur BART (0.6 Miles). Just under 1.5 Miles To The FOX Theater And Downtown Oakland. There is automatic upside with the potential to build 5 more units on this land. 3 Units Have Been Beautifully Renovated with hardwood floors/paint, quartz counter tops, refurbished cabinets, new appliances, etc. This is a building you need to see to appreciate!

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Listing Type
Multi-Family
Listing ID
40790661
Lot Size
10,454.00 sqft
Listing Status
Contract Pending
Year Built
1910
County
Alameda
Units
4
Zoning
RU-1
Taxes
18137.0
TaxID
009-0738-001
Listing courtesy of Keith Manson~CBRE
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    Listing Information Provided By:
    RE/MAX SYNERGY GROUP
    781 W Tennyson Hayward, CA 94544 | Phone: (510) 786-2000
    RE/MAX SYNERGY GROUP is licensed in the state of California CalBRE License #: 01305508
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.