3281 Martin Luther King Jr Way

Oakland, CA 94609

$505,000
Last Sold Price
Beds
4,075 Sq. Ft.
$124 / Sq. Ft.
4,075
Sq. Ft.
$124
per Sq. Ft.

Description

A substantial price reduction for an "as is" and Quick close by April 12th. This is fixer upper property with huge potential after rehab. Plans for 3 units and a shop were approved by the planning department. Title 24 and variance is already approved. Structural engineering drawing needed for building permit are ready too. There are 5 parking spots at the rear but this area could be used for better development.A substantial price reduction for an "as is" and Quick close by April 12th. This is fixer upper property with huge potential after rehab. Plans for 3 units and a shop were approved by the planning department. Title 24 and variance is already approved. Structural engineering drawing needed for building permit are ready too. There are 5 parking spots at the rear but this area could be used for better development.
  1. Listed by Jonathan Minerick • DRE #01523060 • HOMECOIN.COM

Property Details for 3281 Martin Luther King Jr Way

City
OAKLAND
Building Type
OTHER
Property Sub Type
OTHER
Garage Spaces
0
Garage/Parking
Parking Area
Park Spaces Total
5
Total # Parking Spaces
5

Location

Listing Courtesy of HOMECOIN.COM, Jonathan Minerick, DRE #01523060

Sold By KW Advisors, JASMINE OTHMAN, DRE #02097204

Add your commute
LISTING UPDATED: 04/22/2023 07:12 AM

Property Details for 3281 Martin Luther King Jr Way

StatusSold
MLS #40962544
Days on Compass599
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / OTHER
Year Built1903
Lot Size0.12 AC / 5,175 SF
CountyAlameda County

Location

Listing Courtesy of HOMECOIN.COM, Jonathan Minerick, DRE #01523060

Sold By KW Advisors, JASMINE OTHMAN, DRE #02097204

Add your commute

Virtual Tour

Building Information for 3281 Martin Luther King Jr Way

Stories-Residences4Year Built1903Building Size-Lot Size0.12 AC / 5,175 SF

Payment Calculator

$3,902 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,756

Property Taxes

$1,146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3281 Martin Luther King Jr Way

Features
Feature Details
  • Flooring: Wood
  • Laundry: Other
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: No Air Conditioning
  • Heating: No Heat
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
  • HOA Dues: $.00
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Corner, Level, Premium Lot
  • Lot Sq Ft Apx: 5175
  • Lot Size Square Feet: 5175.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 4075
  • Stories: 0.0
  • Yard Description: Back Yard
  • Year Built: 1903
  • Acres: 0.12
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: 980, 27th St, Martin Luther King Jr Way
  • FIPS Code: 06001
  • Parcel Number: 9-718-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Other Units: Other
  • Some Units Have: Other
  • Units Total: 4
  • Basement: None
  • Parking Description: Parking Area
  • Separate Meters: Other
  • Existing Lease Terms: None
  • Tenant Pays: Other
  • Financial Data Source: Other
  • Addl Property Description: Shovel ready project.
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 0
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 3281 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.

Public Records for 3281 Martin Luther King Jr Way

Taxable ValueLand$33,491Additions$301,425Total$334,916
Tax Record2023$13,748 ($1,146 / month)
Home Facts
Total Finished SqFt3,004 SqFtAbove Grade Finished SqFt3,004 SqFtStories2Lot Size5,175 SqFtStyleMiscellaneous CommercialYear Built1900CountyALAMEDAAPN9-718-1

Schools near 3281 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

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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 HOMECOIN.COM, Jonathan Minerick, DRE #01523060

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.