Listed by ReMax Sky
$1,200,000
3837 Martin Luther King Jr Way
Details
APN 012096400300
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 1
Acreage 0.072
Zoning Assessor
Multifamily | 3 Units
Marketing description
Discover the potential of this unique triplex opportunity in the heart of Oakland. Positioned in an area experiencing major revitalization and ongoing development, this property offers investors, owner-users, and developers endless possibilities. Significant construction and improvements surrounding the property are transforming the neighborhood and may substantially enhance the future value, appeal, and long-term upside of the property and the surrounding community. This mixed-use triplex features a versatile layout with a ground-floor retail/commercial space, a spacious second floor with two bedrooms, two bathrooms, and a large third floor with three bedrooms and two bathrooms. The property also includes a big backyard with additional potential for outdoor use and entertaining. The property requires TLC and presents an excellent opportunity for a buyer with vision to renovate, improve, and maximize its potential. Whether you're looking to create income-producing units, establish a live/work environment, or capitalize on the area's ongoing growth and redevelopment, this property is a rare chance to invest in one of Oaklands evolving corridors. Bring your imagination and unlock the possibilities this property offers.
Listing Contacts
Listed by ReMax Sky
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?


