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3251 Martin Luther King Jr Way

Oakland, CA 94609

(7.55%) $1,095,000

  • Multi Unit
  • Active
  • 7 Beds
  • 2,856 SqFt
  • MLS# ML81718782

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Victorian home converted into a triplex consisting of 1-3 bed / 2bath unit, 212 bed / 2bath unit, 1-1 bed / 1 bath unit (vacant). Secondary structure has 1- 1bedroom and 1-studio units. Walking distance to the MacArthur BART station, perfect for commuters. Walking distance to the heart of Oaklands downtown restaurants, entertainment, shopping etc. Easy freeway access. Vacant unit is perfect for an Owner-Occupier or just to bring in a tenant at top market rent. Extra income from coin laundry in basement hallway. Possible upside in basement conversion into another stuido. Owner has not raised rents in 4 years, so possible upswing in current rents. See City Of Oakland Rent guidelines. "PROFORMA AVAILABLE

Location

City:

Oakland

County:

Alameda

Schools

District:

Oakland Unified

Housing Units & Financial Information

Interior Features

Exterior Features

Additional Details

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About West Oakland

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At-a-Glance

Located along the waterfront of the Port of Oakland, West Oakland has something of a colorful past.

Once deeded in the early 1800s to Spanish Army soldier Luis Maria Peralta in what would go down as one of the largest land grants in history, by mid-century, men who had been leasing the land began illegally selling off farm plots. Among these squatters was none other than Horace Carpentier, who would become Oakland’s first mayor.

Near the turn of the century, West Oakland swelled in population as people from across the United States, Mexico, Asia, and Europe began to make their homes here. By the late 1800s, the area — complete with its own baseball team, the Oakland Oaks — would begin a cycle of upheaval and renewal that spanned the twentieth century and continues to this day.

In a Few Words

On the rise

Living Here

The Bay Area is known for its exceptional cuisine, and when it comes to good eating, West Oakland holds its own:

  1. Zella’s Soulful Kitchen and 10th & Wood are two not-to-be-missed hot spots for those looking for down-home comfort food.
  2. Ethic choices abound in West Oakland as well, and include delicious send ups from The Whole Tortilla, Venga Paella, and FuseBox, among many others.
  3. And when you’re looking for something sweet, Starter Bakery, Kilovolt Coffee, and The Bread Project don’t disappoint.

Good-to-Know

For a time, Jack London made his home in West Oakland. His novel, Valley of the Moon, is set here.

Why West Oakland?

Many are attracted to West Oakland due to its close proximity to San Francisco and the variety of public transportation options this city offers. Those looking for affordable rental and housing prices are also drawn here and are happy to call West Oakland home.

More About West Oakland

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Listing Agent:

John L. Morra

Listing Brokerage:

Century 21 Marquis

Based on information from the MLSListings™ MLS as of 11/18/18. MLS Listing Information displayed on the VOW is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

This data is up-to-date as of 11/18/18. For the most current information, contact
McGuire Client Care at 800-473-7858 or clientcare@mcguire.com.

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