3003 Martin Luther King Jr Way

Oakland, CA 94609

$575,000
Last Sold Price
8
Beds
3
Baths
2,693 Sq. Ft.
$214 / Sq. Ft.
2,693
Sq. Ft.
$214
per Sq. Ft.

Description

3003-3005 Martin Luther King Jr. Way is a duplex located in the heart of the Hoover Foster District conveniently located to restaurants, shopping, freeways, and Oakland Airport. Quick freeway access to San Francisco and a few minutes from Emeryville. It's a 10-minute drive to Uptown Oakland and with BART access on the 19th Street Station; it’s a perfectly situated location with an 85 Walk Score and a 94 Biker score. 3003-3005 Martin Luther King Jr. Way consists of 4 bed/1.25 bathroom with an additional...3003-3005 Martin Luther King Jr. Way is a duplex located in the heart of the Hoover Foster District conveniently located to restaurants, shopping, freeways, and Oakland Airport. Quick freeway access to San Francisco and a few minutes from Emeryville. It's a 10-minute drive to Uptown Oakland and with BART access on the 19th Street Station; it’s a perfectly situated location with an 85 Walk Score and a 94 Biker score. 3003-3005 Martin Luther King Jr. Way consists of 4 bed/1.25 bathroom with an additional flex room upstairs unit and a 4 bed/1.25 bathroom downstairs unit. Units offer charming hardwood floors, beam ceilings, and abundant natural lighting. Kitchens contain gas stovetops and quartz countertops. The location and size of the units offer strong appeal.
  1. Listed by Justin Wong • DRE #01974254 • SVN/Pacific Commercial Advisors
  2. Listed by Kevin Chin • DRE #00696127 • SVN/Pacific Commercial Advisors

Property Details for 3003 Martin Luther King Jr Way

City
OAKLAND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Park Spaces Total
0

Location

Listing Courtesy of SVN/Pacific Commercial Advisors, Justin Wong, DRE #01974254; SVN/Pacific Commercial Advisors, Kevin Chin, DRE #00696127

Sold By KELLER WILLIAMS REALTY, JOEY WANG, DRE #01890931

Add your commute
LISTING UPDATED: 06/01/2020 09:52 AM

Property Details for 3003 Martin Luther King Jr Way

StatusSold
MLS #40893392
Days on Compass69
Taxes$9,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1910
Lot Size0.05 AC / 2,320 SF
CountyAlameda County

Location

Listing Courtesy of SVN/Pacific Commercial Advisors, Justin Wong, DRE #01974254; SVN/Pacific Commercial Advisors, Kevin Chin, DRE #00696127

Sold By KELLER WILLIAMS REALTY, JOEY WANG, DRE #01890931

Add your commute

Building Information for 3003 Martin Luther King Jr Way

Stories-Residences2Year Built1910Building Size-Lot Size0.05 AC / 2,320 SF

Payment Calculator

$3,934 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$796

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3003 Martin Luther King Jr Way

Features
Feature Details
  • Flooring: Hardwood Floors
  • Laundry: Inside Unit
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Floor Furnace
  • Water/Sewer: Sewer System - Public
  • Energy Saving Feature: None
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Regular
  • Lot Sq Ft Apx: 2320
  • Lot Size Square Feet: 2320.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2693
  • Yard Description: No Yard
  • Year Built: 1910
  • Acres: 0.05
Location Details
  • Directions to Property: 30th and MLK
  • FIPS Code: 06001
  • Parcel Number: 9-709-5
  • Printed Neighborhood Rpt: Yes
  • Board ID: QUATTRO San Francisco
Multi Family Information
General Details
  • All Units Have: Other
  • Units Total: 2
  • Basement: None
  • Parking Description: None
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month, Security Deposit, Written Agreement
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Expense Year: 17200
  • Annual Taxes $: $9,550
  • Annual Gross Fee Income: $53,900
  • Annual Gross Sched Income: $53,900
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $53,900
  • Gross Oper Income (Act): $53,900
  • Net Operating Income: $36,700
  • Annual Insurance Expense: $1,100
  • Annual License Expense: $0
  • Annual Maintance Expense: $1,400
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $17,200
  • Annual Utility Expense: $1,200
  • Annual Vacancy Expense: $1,600
  • Operating Expenses: Garbage Collection, Insurance, Janitorial, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 3003
  • Occupied By 1: Tenant
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 4
  • Bathrooms 1: 1.5
  • Rent 1: 2482
Unit 2 Details
  • Unit #/Address - 2: 3005
  • Occupied By 2: Tenant
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 4
  • Bathrooms 2: 1.5
  • Rent 2: 2008
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 7200
Additional Information
Additional Information
  • Fireplace: No

Property History for 3003 Martin Luther King Jr Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3003 Martin Luther King Jr Way

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Hoover Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Mcclymonds High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN/Pacific Commercial Advisors, Justin Wong, DRE #01974254; SVN/Pacific Commercial Advisors, Kevin Chin, DRE #00696127

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.