4030-4038 Martin Luther King Jr Way

    Oakland, CA 94609
    • $2,555,000
    • STATUS: Active
    • ON SITE: 122 days
    • MLS #: 494362
    Price Reduced
    UPDATED: 59 min ago
    $2,555,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,668
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    PRICE REDUCED!! 4030-4034-4038 Martin Luther King Jr Way & 627 41st Street is a 9-unit mixed-use investment property. The property features a unit mix of various unit types including one large studio unit, four one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units and two two-bedroom storefront units that have historically been leased as residential units and have recently been fully renovated with high-end finishes and built-out as two-bedroom, one-bathroom units with in-unit laundry. There are currently five units at the property that provide the opportunity to push market rents three of which could use unit upgrades.

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    © 2020 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2020-06-02T23:19:46.883.
    www.sfhothomes.com/homes/102831518

    4030-4038 Martin Luther King Jr Way Oakland, CA 94609

    • Price: $2,555,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 494362
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    7,668
    SQFT
    $333
    $/SQFT
    1923
    Built
    Neighborhood:
    Oakland
    County:
    Alameda
    Area:
    Oakland
    Property Description
    PRICE REDUCED!! 4030-4034-4038 Martin Luther King Jr Way & 627 41st Street is a 9-unit mixed-use investment property. The property features a unit mix of various unit types including one large studio unit, four one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units and two two-bedroom storefront units that have historically been leased as residential units and have recently been fully renovated with high-end finishes and built-out as two-bedroom, one-bathroom units with in-unit laundry. There are currently five units at the property that provide the opportunity to push market rents three of which could use unit upgrades.
    Exterior Features

    Exterior Stucco Foundation Concrete PerimeterConcrete SlabConcrete Indep Parking Spaces 0 Lot Measurement Acres Lot Square Footage 4748.00 Parking Spaces 0 Tandem Parking Spaces 0

    Interior Features

    Appliances Equip Oven/Range FreestandRefrigeratorGarbage DisposalDishwasherMicrowaveWasherDryer Commercial Units 2 Floors HardwoodConcrete Furnished Units 0 Heating Cooling Gas Laundry Appliances In Each Unit One Bedroom Units 4 Possible Bedrooms 0 Rooms 13 Studio Units 1 Three Plus Bedroom Units 0 Two Bedroom Units 2 Vacant 5

    Property Features

    Actual Or Scheduled Scheduled Construction Wood Frame Cross Street Address 41st Street District Alameda County Documents Disclosure Disclosure Pkg AvailPrelim Title ReportSewer Or Septic Rpt Est Gross Income 215608 Est Total Expenses 55221.00 Lease Term Month To Month1 Year Miscellaneous Ceiling Fan(S)Smoke Alarm(S) Operating Expenses Property TaxesWaterGasElectricityGarbage CollectionMaintenance/RepairsInsuranceLicense Fee/AdvertVacancy Factor Other Units Store(S) Possession Close Of Escrow Property Subtype 5 - 15 Units Scope Of Service Full Service Separate Meters WaterGasElectricity Special Listing Conditions None Square Footage Source Tax No Autofill Tenant Pays WaterGasElectricityCable Tv Type ApartmentsMixed Use2 StoryRetail Unconfirmed Coop Fee 0.00

    Listing provided courtesy of Keith Manson of Cbre.


    © 2020 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2020-06-02T23:19:46.883.
     
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