Comm Ri Multi-units 5+ For Sale
16,583 Sqft - 1919 Martin Luther King Way, OAKLAND, California 94612
Property Description
30 residential units+2 comm storefronts/offices. D/T Oakland loc. w/lots of upside in need of TLC. Court confirmation required. 12 1’s, 12 SRO’s. 6 studios; 6 units & 2 comm units. 1st overbid starts at $3,450,000 – Deadline to submit your bid is 12/06/16 by 4 PM to participate. $ upside opportunity
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40762889
Price : $3,450,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 16,583 Sqft
Year Built : 1920
Lot Area : 0.05 Sqft
Features
Heating System : Other Heat
View : Other, City Lights
Roof : Unknown
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94612
Street : Martin Luther King Way
Street Number : 1919
Floor Number : 0
Longitude : W123° 43' 33.9''
Latitude : N37° 48' 36.1''
MLS Addon
Office Name : Mark Benson,Broker
Building Type : Midrise (4-6 Flrs)
Area : Oakland Zip Code 94612
Address : 1919 Martin Luther King Way
Cross Street : Thomas Berkley
LA1User Code : ML1460
LA1Agent First Name : Mark
LA1Agent Last Name : Benson
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 32
List $/SqFt : $208
Age : 96
Apx Lot Sq Ft : 5,188 Sqft
Type of Building : Apt Complex
Annual Taxes : $11,400
Total Deposits : $0
ADDTL FEATURES MISC. : Extra Storage
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EXTERIOR : Stucco, Wood Frame
FLOORING : Other, Hardwood Floors, Partial Carpeting
LOT DESCRIPTION : Level
OPERATING EXPENSES : Electric, Gas, Insurance, Management, Other, Trash Removal, Utilities
SEPARATE METERS : Electric
SOME UNITS HAVE : Other, Updated Kitchen, Refrigerator, Oven Range Free Standing
TENANT PAYS : Electric, Other
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Census Tract : 4027.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $12,000
2nd Loan Balance : $286,800
Tot Other Loans : $1,000
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Other, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : Auction
Original Price : $2,995,000
Sold Price : $4,690,000
Previous Price : $2,995,000
Sale $/SqFt : $0
