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Off market
Street View
  • $1,222,100

    3435 Martin Luther King Jr Way, Oakland, CA 94609

    --beds
    0baths
    3,759sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,222,100 Zestimate®
    $325/sqft
    $2,261 Estimated rent

    Home value

    $1,222,100

    $1.06M - $1.39M

    $2,261/mo

    Zestimate® history
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    Rent Zestimate®

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    $7,865/mo

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    What's special

    Investor's will have a hard time finding better cash flow in Oakland! 4 Large Apartments Walking Distance to Macarthur BART station. Turn Key Investment with Fantastic In-Place Income. Great Cash Flow Immediately with a 6.13% in-place Cap Rate and $105,300 gross annual income. Central Location - Close to Downtown Oakland/Bart with a Walk Score of 86, and a Bike Score of 90. It's just a 9 Minute Walk to Macarthur BART (0.6 Miles). Just under 1.5 Miles To The FOX Theater And Downtown Oakland. There is automatic upside with the potential to build 5 more units on this land. 3 Units Have Been Beautifully Renovated with hardwood floors/paint, quartz counter tops, refurbished cabinets, new appliances, etc.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Wall
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,759 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 10,402 Square Feet
    Details
    • Parcel number: 97381

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    Condition
    • Year built: 1910

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $1,376,750

    Price history

    DateEventPrice
    7/28/2018Listing removed$1,200,000$319/sqft
    Source: CBRE #460749 Report a problem
    11/22/2017Pending sale$1,200,000$319/sqft
    Source: San Francisco Association of REALTORS #460749 Report a problem
    11/22/2017Listed for sale$1,200,000-0.8%$319/sqft
    Source: San Francisco Association of REALTORS #460749 Report a problem
    10/27/2017Sold$1,210,000+33%$322/sqft
    Source: Public Record Report a problem
    6/21/2016Sold$910,000+15.3%$242/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40731594 Report a problem
    3/8/2016Listed for sale$789,000+192.2%$210/sqft
    Source: LAWTON ASSOCIATES #40731594 Report a problem
    3/28/2011Sold$270,000$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,376,750 +2%
    2024$21,344 -3.9%$1,349,754 +2%
    2023$22,214 +3.5%$1,323,291 +2%
    2022$21,470 +5.3%$1,297,348 +2%
    2021$20,390 +1.2%$1,271,914 +1%
    2020$20,152 +4.4%$1,258,883 +2%
    2019$19,298 +32%$1,234,200 +2%
    2018$14,616 $1,210,000 +30.4%
    2017$14,616 +148.8%$928,200 +217.7%
    2016$5,875 +0.8%$292,207 +1.5%
    2015$5,827 -0.6%$287,820 +2%
    2014$5,860 $282,181 +0.5%
    2013-- $280,907 +2%
    2012-- $275,400 +21.4%
    2011-- $226,888 +0.8%
    2010-- $225,193
    Find assessor info on the county website

    Neighborhood: Hoover/Foster

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,222,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,222,100