MLS® ID: 40882562
3281 Martin Luther King Jr Way
OAKLAND, California, 94609 $1,299,000
*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.