$1,200,000
Est. payment /mo
5 Beds
4 Baths
3,125 Sqft Lot
New
3837 MARTIN LUTHER KING JR WAY Oakland, CA 94609
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26109440
Bedrooms 5
Lot Size 3,125 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Discover the potential of this unique triplex opportunity in the heart of Oakland. Positioned in an area experiencing major revitalization and ongoing development, this property offers investors, owner-users, and developers endless possibilities. Significant construction and improvements surrounding the property are transforming the neighborhood and may substantially enhance the future value, appeal, and long-term upside of the property and the surrounding community. This mixed-use triplex features a versatile layout with a ground-floor retail/commercial space, a spacious second floor with two bedrooms, two bathrooms, and a large third floor with three bedrooms and two bathrooms. The property also includes a big backyard with additional potential for outdoor use and entertaining. The property requires TLC and presents an excellent opportunity for a buyer with vision to renovate, improve, and maximize its potential. Whether you're looking to create income-producing units, establish a live/work environment, or capitalize on the area's ongoing growth and redevelopment, this property is a rare chance to invest in one of Oaklands evolving corridors. Bring your imagination and unlock the possibilities this property offers.
Location
State CA
County Alameda
Zoning Assessor
Direction From 580 West to Oakland, exit to West Streetn and San Pablo, turn right on West, Turn Right ofn Macarthur blvd, Turn left onto
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 012096400300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition REO
Listed by Julio Midolo, DRE#01470385 ReMax Sky
NEARBY SCHOOL & BUSINESS
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