MLS® ID: 40882562

3281 Martin Luther King Jr Way

OAKLAND, California, 94609

$1,299,000 Active
  • 7 Beds
  • 4 Baths
  • 3537 SQFT
*INVESTORS SPECIAL!*An excellent opportunity to build a triplex with a commercial store on a corner lot located in a desirable neighborhood in Oakland. All final plans and permits are approved by the City. This property will feature 2 units with two bedrooms and 1 bath and 3rd unit with 3 bedrooms and 2 baths. The commercial store will have 5 parking spaces, and can accommodate variety of uses. This property is walking distance to the new Oakland A's stadium and 0.5 miles from MacArthur Bart Station, making it an ideal rental income opportunity for investors. Owner has invested close to $100,000 in engineering, structural and construction plan saving you time and money to get started on this project! Rental income upon completion is estimated to be $13,000-15,000 per month for all units.
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Listing courtesy of Intero Real Estate Services

Amenities

  • Full baths
    4
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Zip
    94609
  • Office name
    Intero Real Estate Services
  • SQFT
    3537
  • Bedrooms
    7
  • Property type
    Detached
  • Year built
    1903
  • Lot size
    0.12
  • Sewer
    Sewer System - Public
  • Heating
    No Heat
  • Agent name
    Amandeep Dhillon
  • Tax amount
    $ Yes
  • Purchase Type
    Active
  • HOA fees
    $ No
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    3500-4000 sq ft.
  • Bedrooms Range
    7.0 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    18594
  • Agent ID
    206537737

Location

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