4030-4038 Martin Luther King Jr Way

Oakland, CA 94609

$2,350,000
Last Sold Price
Beds
7,668 Sq. Ft.
$306 / Sq. Ft.
7,668
Sq. Ft.
$306
per Sq. Ft.

Description

Price reduced! 4030-4034-4038 Martin Luther King Jr Way & 627 41st Street is a 9-unit mixed-use investment property. The property features a unit mix of various unit types including one large studio unit, four one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units and two two-bedroom storefront units that have historically been leased as residential units and have recently been fully renovated with high-end finishes and built-out as two-bedroom, one-bathroom units with in-unit laundry....Price reduced! 4030-4034-4038 Martin Luther King Jr Way & 627 41st Street is a 9-unit mixed-use investment property. The property features a unit mix of various unit types including one large studio unit, four one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units and two two-bedroom storefront units that have historically been leased as residential units and have recently been fully renovated with high-end finishes and built-out as two-bedroom, one-bathroom units with in-unit laundry. There are currently four units at the property that provide the opportunity to push market rents three of which could use unit upgrades.
  1. Listed by Keith Manson • DRE #01490046 • CBRE
  2. Listed by Zachary W Greenwood • DRE #01960296 • CBRE

Property Details for 4030-4038 Martin Luther King Jr Way

Directions to Property
Corner of Martin Luther King Jr Way and 41st Street
Cross Street
41st Street
Total Parking Spaces
0

Location

Listing Courtesy of CBRE, Keith Manson, DRE #01490046; CBRE, Zachary W Greenwood, DRE #01960296

Sold By CBRE, Keith Manson, DRE #01490046

Add your commute
LISTING UPDATED: 07/07/2020 08:58 AM

Property Details for 4030-4038 Martin Luther King Jr Way

StatusClosed
MLS #494362
Days on Compass132
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1923
Lot Size0.11 AC / 4,748 SF
CountyAlameda County

Location

Listing Courtesy of CBRE, Keith Manson, DRE #01490046; CBRE, Zachary W Greenwood, DRE #01960296

Sold By CBRE, Keith Manson, DRE #01490046

Add your commute

Building Information for 4030-4038 Martin Luther King Jr Way

Stories2Residences9Year Built1923Building Size-Lot Size0.11 AC / 4,748 SF

Payment Calculator

$12,825 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4030-4038 Martin Luther King Jr Way

Summary
Location and General Information
  • Area/District: 21113
  • Area Short Display: 21113
  • Subdistrict: Oakland
  • Location Description: 21113, 21113
Taxes and HOA Information
  • APN: 12-1012-33-2
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
Property and Assessments
  • Possession: Negotiable
  • Picture Count: 14
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available, Preliminary Title Report, Sewer or Septic Report
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas, Water
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete, Concrete Perimeter, Slab
  • Stories: 2
  • Security Features: Smoke Detector
Interior Features
  • Heating: Gas
  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, Microwave, Free Standing Oven/Range
  • Laundry Features: In Each Unit, Washer/Dryer
  • Cooling: Ceiling Fan(s)
  • Flooring: Concrete, Wood
  • # of Rooms: 13
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 2
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 1
  • # of Units: 9
  • # Of Units Vacant: 5
  • # Of Units Leased: 0
  • Total # Leasable: 0
  • Total # Section 8: 0
  • Other Unit(s): Store(s)
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • Lease Term: Month to Month, 12 Months
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Property History for 4030-4038 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 4030-4038 Martin Luther King Jr Way

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

Emerson Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical 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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Similar Sold 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 CBRE, Keith Manson, DRE #01490046; CBRE, Zachary W Greenwood, DRE #01960296

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.