1635 Martin Luther King Jr Way
1635 Martin Luther King Jr Way
Sold 8/31/22
Sold 8/31/22
Description
- Listed by Timothy Warren • DRE #02008347 • NAI Northern California
Property Details for 1635 Martin Luther King Jr Way
Location
Sold By BHG Reliance Partners, Zaheer Siddiqui, DRE #01915638
Property Details for 1635 Martin Luther King Jr Way
| Status | Sold |
|---|---|
| MLS # | 40993587 |
| Days on Compass | 16 |
| Taxes | $65,667 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1964 |
| Lot Size | 0.17 AC / 7,250 SF |
| County | Alameda County |
Location
Sold By BHG Reliance Partners, Zaheer Siddiqui, DRE #01915638
Building Information for 1635 Martin Luther King Jr Way
Payment Calculator
$34,669 per month
30 year fixed, 7.25% Interest
$29,197
$5,472
$0
Property Information for 1635 Martin Luther King Jr Way
- Flooring: Laminate
- Rooms Total: 0
- Bathrooms Total Count: 0.0
- Bathrooms Half: 0
- Cooling: None
- Heating: Wall Furnace
- Water/Sewer: Sewer System - Public, Water - Public
- HOA Dues: $.00
- Additional Equipment: All Public Utilities, DSL/Modem Line, Fire Alarm System, Individual Electric Meter, Individual Gas Meter, Water Heater Gas
- City Transfer Tax: Yes
- Exterior: Stucco
- Lot Description: Regular
- Lot Sq Ft Apx: 7250
- Lot Size Square Feet: 7250.0
- Roof: Rolled Composition
- Sq Ft Apx: 7363
- Stories: 0.0
- Year Built: 1964
- Directions to Property: MLK and Virginia
- FIPS Code: 06001
- Census Tract: 4224
- Parcel Number: 58-2171-25
- Printed Neighborhood Rpt: No
- Board ID: Bridge AOR
- Units Total: 9
- Basement: None
- Tenant Pays: Electric, Gas, Water
- Financial Data Source: Estimated, Owner
- Additional Features-Misc: Balcony/Patio
- Apx Lot Acres: 0
- On Site Parking Description: Covered Parking, Space Per Unit - 1
- Tot Ann Oper Exp: 125657.0
- Total Deposits: 0
- Annual Exp Year: 125657
- Annual Gross Sched Income: $406,800
- Annual Insurance Expense: $3,682
- Annual License Expense: $10,902
- Annual Maint Expense: $4,500
- Annual Mgmt Expense: $15,574
- Annual Misc Income: $2,400
- Annual Rent Income: $40,400
- Annual Taxes: $65,667
- Annual Util Expense: $7,875
- Annual Vacancy: 12204.0
- Gross Income: $406,800
- Gross Operating Actual Income: $406,800
- Gross Rent Multiplier: 12.91
- Net Operating Income: $268,939
- Other Annual Expense: $17,374
- Cap Rate: 5.12
- Existing Loan: ARM
- Ocpnt Req 24 Hr: No
- Fireplace: No
Property History for 1635 Martin Luther King Jr Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1635 Martin Luther King Jr Way
Schools near 1635 Martin Luther King Jr Way
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | K to 5 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Washington Elementary School PublicK to 5 | ||
Oxford Elementary School PublicK to 5 | ||
Cragmont Elementary School PublicK to 5 | ||
Berkeley Arts Magnet at Whittier School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of NAI Northern California, Timothy Warren, DRE #02008347
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.