Oakland, CA 94609,3331 Martin Luther King Jr Way

$960,000

Est. payment /mo

$998,000

3.8%
Est.Price: ?

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3331 Martin Luther King Jr Way Oakland, CA 94609

9 Beds

3,050 SqFt

SOLD DATE : 02/01/2021

Key Details

Sold Price $960,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $314

MLS Listing ID 40929645

Bedrooms 9

Year Built 1906

Lot Size 3,750 Sqft

Property Sub-Type Triplex

Property Description

Extraordinary victorian triplex with strong cashflow features, original victorian details, large owner's unit penthouse flat, updated kitchen (2012), updated baths (2012), retrofitted foundation (2012), large yard with ADU potential (buyer to investigate), newer roof (2012) all on a private corner lot in a great central location. This property is a great opportunity for investment or owner occupier as the property has a good income history with low vacancy at a 6.95% CAP Rate on Actual (taxes based on $998k sales price).

Location

State CA

County Alameda

Interior

Heating Forced Air, Wall Furnace

Cooling No Air Conditioning

Flooring Hardwood, Linoleum, Tile, Vinyl, Carpet, Engineered Wood, Cork

Laundry Coin Operated, Community Facility, Dryer, Laundry Room, Washer

Exterior

Exterior Feature Back Yard, Yard Space, Garden

Utilities Available Individual Electric Meter

View Y/N true

View City Lights, Downtown, Partial, City

Building

Lot Description Corner Lot, Level, Premium Lot, Street Light(s)

New Construction No

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Bridge MLS
Listed by Derrick Tyler • Red Oak Realty
Bought with KatiePratt
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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