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Buy a multi-family propertyat 5307 Martin Luther King Jr Way, Oakland, CA 94609

$1,599,000

$1,790,000 (-10.67%)

$0/mo

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Multifamily

4,520 Sq. Ft. lot

0 Bathrooms

439 Days on market

41019430 MLS ID

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About 5307 Martin Luther King Jr Way multi-family property

Welcome to the stunning triplex located at 5307 Martin Luther King Jr Way, Oakland, CA 94609!This property is an exceptional opportunity for investors or owner-occupiers seeking a versatile and well-maintained building in a highly sought-after location. This triplex boasts a total of three spacious units, each with its own unique character and charm. The ground floor unit features two bedrooms and one bathroom, while the upper level units each have one bedroom and one bathroom. All units have been thoughtfully designed with modern finishes and fixtures, including hardwood floors, updated kitchens, and tasteful lighting. This property offers an unbeatable location in the heart of Oakland, just a few blocks from the vibrant Temescal neighborhood and a short distance from downtown. Residents will enjoy easy access to local shops, restaurants, and cafes, as well as numerous parks and recreational areas. Commuters will appreciate the convenient proximity to public transportation and major highways. The exterior of the triplex is equally impressive, with a beautifully landscaped front yard and a private backyard area perfect for entertaining guests or relaxing in the California sunshine.
Welcome to the stunning triplex located at 5307 Martin Luther King Jr Way, Oakland, CA 94609!This property is an exceptional opportunity for investors or owner-occupiers seeking a versatile and well-maintained building in a highly sought-after location. This triplex boasts a total of three spacious units, each with its own unique character and charm. The ground floor unit features two bedrooms and one bathroom, while the upper level units each have one bedroom and one bathroom. All units have been thoughtfully designed with modern finishes and fixtures, including hardwood floors, updated kitchens, and tasteful lighting. This property offers an unbeatable location in the heart of Oakland, just a few blocks from the vibrant Temescal neighborhood and a short distance from downtown. Residents will enjoy easy access to local shops, restaurants, and cafes, as well as numerous parks and recreational areas. Commuters will appreciate the convenient proximity to public transportation and major highways. The exterior of the triplex is equally impressive, with a beautifully landscaped front yard and a private backyard area perfect for entertaining guests or relaxing in the California sunshine.

Property details

Building

Built in 1951

Stucco

Floors

Carpet

Laminate

Tile

Heating

Floor Furnace

Listing

Listing ID: 41019430

Property Subtype: Triplex

165 days on market

Location

County: Alameda

Lot

4520 sqft

0.1 acres

Area: 4520

Back Yard

Street Level

Parking

3 total parking spaces

Garage

Possession

Close Of Escrow

Property

3 units

Roof

Tar/Gravel

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$10,189/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,503,060

+$47,970

$1,551,030

Seller agent commission$47,970 (3%)*

$0 (0%)

Buyer agent commission$47,970 (3%)*

$47,970 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: May 1, 2024 at 6:18 p.m.

Data updated: Jul 31, 2023 at 8:05 p.m.

Property listed by Marvel Realty, Daryl Rhinehart
Based on information from California Regional Multiple Listing Service, Inc. as of 07/31/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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