United StatesCaliforniaOaklandLongfellow4030 Martin Luther King Jr Way

4030 Martin Luther King Jr Way
Oakland, California, Alameda County, 94609

$3,588,000
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$3,588,000
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12
Rooms
7,668 Sq Ft.
Interior
.109 Acres
Exterior
Residential Income
Property type
1923
Year Built
421610871
Web Id
421610871
MLS ID
Oakland Unified
School District

About 4030 Martin Luther King Jr Way

4030-4034-4038 MLK Jr Wy & 627 41st St is a 9-unit mixed-use investment property centrally located on the border of the Temescal Neighborhood of Oakland, Ca and situated one-block from the MacArthur BART Station. Built in 1923 & renovated in 2020/2021 this 7,668 SF structure is situated on a 4,750 SF lot at the corner of MLK Jr Wy and 41st St. The Property features a unique unit mix that includes 1 X large studio unit, 4 X 1-bed, 1-bath units, 2 X 2-bed, 1-bath units, & 2 X storefront units that have been significantly renovated with high-end finishes and built-out as 2-bed, 1-bath units with in-unit laundry. The building is fully occupied and 7 of the 9 units have been significantly renovated. The units are all large and feature classic character & have been upgraded with modern finishes. All units are individually metered for water/sewer, gas & electric. The current rent is 20% below market rate and provides the potential opportunity to increase the NOI by 28%.

Listing Courtesy of Keith Manson , CBRE

Amenities

  • Dishwasher

features

cooling
Ceiling Fan, Gas
lot description
Cul-de-sac, Sidewalk

PROPERTY INFORMATION

Appliances
Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
Cooling
Ceiling Fan(s), Varies by Unit, Other
Heating
Central, Gas, Wall Furnace, See Remarks
Sewer
Public Sewer
Water
Public

EXTERIOR

Lot Description
Corner, Cul-De-Sac, Curb(s), Curbs/Gutters, Shape Regular, Sidewalk
Roofing
Other, See Remarks

INTERIOR

Flooring
Tile, Vinyl, Wood
Interior Features
Formal Entry
Listing Courtesy of CBRE
Golden Gate Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 4030 Martin Luther King Jr Way is a Residential Income with , and . It is located in 4030 Martin Luther King Jr Way Longfellow, Oakland, California and is in the 94609 zip/post code area. This home of 7,668 Sq.Ft. was built in 1923 and is on a .109 Acres lot. Golden Gate Sotheby’s International Realty also has property listings in cities near Oakland, including Alameda, Emeryville and Berkeley. If you would like more information about this home for Sale at 4030 Martin Luther King Jr Way, Oakland, California 94609 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.
Listing Courtesy of CBRE
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