3649 Martin Luther King Jr Way, Oakland, CA 94609 - Photo 1

1/1

$1,217,500

Sold
Closed
Commercial Residential Facility
0.12 Acres

1/1

Property Description

The property has undergone substantial capital improvements, including new windows, structural retrofitting, and meticulous unit conversions. With over $700,000 invested in upgrades since its acquisition in December 2016, this property presents a rare chance for the discerning investor to capitalize on a well-maintained, income-generating asset.

Full Property Details

Full Property Details for 3649 Martin Luther King Jr Way

General

Sold For: $1,217,500
Status: Closed
Type: Commercial Residential Facility
Source: MAX
MLS ID: 41070293
Added to Site: 593 day(s) ago

Interior

Appliances: Dryer, Washer
Flooring: Hardwood, Partial Carpeting, Tile

Rooms

Other Rooms

Laundry: In Unit, Inside, In Unit, Inside

Parking

Parking Features: Parking Lot, On Street

Location

Area: Listing
County: Alameda
Driving Directions: Castro St to MLK Jr Way

Heating & Cooling

Cooling Type: Other
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Exterior Const.: Stucco, Frame
Roof: Flat, See Remarks
Living Area: 5,173 Sq. Ft.
Year Built: 1902

Lot Features

Lot Size (Acres): 0.12
Lot Dimensions: 5227.2
Lot Features: Corner Lot
Lot Description: Corner Lot

Financial Considerations

For Sale: Yes
Price Per Sq. Ft.: $250
Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

Property ID: 129471

Listed by Oak Tree Property Group, Stephen Pagones and Oak Tree Property Group, Michael Pagones
Sold by Outside Area Listings, Outside Area

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Listing agents

— 3649 Martin Luther King Jr Way —

Stephen Pagones

Oak Tree Property Group
Michael Pagones

Oak Tree Property Group

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NMLS#: 1598647

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Schools

Schools serving 3649 Martin Luther King Jr Way

School District:Oakland Unified School District

Name	Grades	Distance
Emerson Elementary School, Oakland, CA 4803 Lawton Avenue, Oakland, CA 94609	K-5	0.9 mi
Westlake Middle School 2629 Harrison St., Oakland, CA 94612	6-8	0.9 mi
Mcclymonds High School 2607 Myrtle Street, Oakland, CA 94607	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3649 Martin Luther King Jr Way

Date

Details

Price

Change

Source

12/20/2024

Sold

$1,217,500

-5.98%

MLS

9/27/2024

Price Reduced

$1,295,000

-16.45%

MLS

8/19/2024

Listed

$1,550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Baths

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Closed

5
Beds
3
Total Baths

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Commercial Residential Facility
Closed

0.14
Acres

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3649 Martin Luther King Jr Way, Oakland, CA 94609 (MLS# 41070293) is a Commercial Residential Facility property that was sold at $1,217,500 on December 20, 2024. Want to learn more about 3649 Martin Luther King Jr Way? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

3649 Martin Luther King Jr Way Oakland, CA 94609