California / Oakland / 94609 / 3615 Martin Luther King Junior Way

3615 Martin Luther King Junior Way

Q: What is the asking price for 3615 Martin Luther King Junior Way in Oakland?

The asking price for 3615 Martin Luther King Junior Way is $1,875,000

Q: What is the building size of this Multifamily property in Oakland, CA?

The size of the building/unit at 3615 Martin Luther King Junior Way in Oakland is 4,350 square feet.

Q: How much land does the Oakland, CA property at 3615 Martin Luther King Junior Way include?

3615 Martin Luther King Junior Way in Oakland includes 0.140 acres of land.

Q: What is the population within 1 mile of 3615 Martin Luther King Junior Way?

The population within 1 mile of 3615 Martin Luther King Junior Way Oakland, CA 94609 is 41,681 people.

Q: Who do I contact for questions about 3615 Martin Luther King Junior Way?

You should contact the listing agent, Tim Warren, for any details regarding this commercial listing.

Oakland, CA 94609

Listing ID: 250366

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Building Size: 4,350 SF

Lot Size: 0.140 AC

Land Size: 6,098 SF

Building $/SF: $431.03

Land $/SF: $307.48

Price

$1,875,000

Property Highlights

Fantastic North Oakland location just four blocks from the Macarthur BART Station

Six spacious 2-bedroom, 1-bathroom units with seven off-street parking spots

Improvements include upgraded electrical, vinyl windows, and new exterior paint

Only four blocks to Telegraph Avenue, offering endless restaurant and shopping choices

Upgraded interiors, storage lockers, and washers and dryers in select units

A true turn-key asset in a premier location with significant growth opportunity

Description

The Mitchell Warren Team is pleased to present 3615 Martin Luther King Jr Way, a six-unit garden-style apartment building located in North Oakland's Longfellow neighborhood. The property consists of six spacious 2-bedroom, 1-bathroom units and seven off-street parking spaces. Amenities include upgraded interiors; in-unit washers and dryers in select units; and storage lockers. Significant improvements have been completed under current ownership including a new walkway, upgraded electrical, vinyl windows, and fresh exterior paint. This is truly a rare opportunity to purchase a turn-key asset in a prime North Oakland location.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Oakland History of Multifamily Housing for Sale

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Listing Demographics for 3615 Martin Luther King Junior Way Oakland, CA 94609

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		41,681	275,789	539,223
Population Median Age		39	39	39
Population by Age	0-9 Yrs	3081 (7%)	21304 (7%)	50254 (9%)
	10-19 Yrs	2288 (5%)	24551 (8%)	55310 (10%)
	20-29 Yrs	8988 (21%)	53863 (19%)	98438 (18%)
	30-39 Yrs	10300 (24%)	54937 (19%)	95185 (17%)
	40-49 Yrs	5587 (13%)	36557 (13%)	72547 (13%)
	50-59 Yrs	4601 (11%)	29850 (10%)	61068 (11%)
	60-69 Yrs	3800 (9%)	28121 (10%)	56536 (10%)
	70+ Yrs	3035 (7%)	26607 (9%)	49884 (9%)

Median HH Income		$74,038	$83,413	$85,297
Total Household Income	< 24K	4347 (22%)	23732 (19%)	38606 (17%)
	25-49K	2934 (15%)	17633 (14%)	32636 (14%)
	50-74K	2430 (12%)	15141 (12%)	27945 (12%)
	75-99K	2374 (12%)	13012 (10%)	23809 (10%)
	100-199K	4925 (25%)	31070 (25%)	56446 (25%)
	200K+	2236 (11%)	21183 (17%)	38548 (17%)

Highest Education Level	No Diploma	3393	17897	41370
	Diploma or GED	4173	21991	44349
	Some College	5651	28744	56762
	Assoc. Degree	2375	12046	21703
	Bachelors Degree	11397	69745	122488
	Higher Degree	6711	57754	104723

Total Housing Units		20,570	130,540	233,105
--Owner-Occupied		4,688	42,330	85,843
--Renter-Occupied		14,557	79,440	132,146
Owner-Occupied Values	< 100K	79	740	1492
	100-199K	101	637	1232
	200-299K	236	1914	2947
	300-399K	341	3251	5515
	400-499K	531	3622	6568
	500K+	3400	32166	68089

Total Working Age Population		37,265	242,359	460,225
In Work Force		27,377	169,481	313,976
Not In Work Force		9,888	72,878	146,249
Workforce Employed		26,046	160,409	295,918
Workforce Unemployed		1,331	8,799	16,844
Civlian Workforce		27,377	169,208	312,762
Military Workforce		0	273	1,214

Total Households		19,245	121,771	217,989
Family Households		7,075	51,944	108,675
Non-Family Households		12,170	69,827	109,314
Married Couple		4,480	37,800	78,400
Other Family		2,594	14,144	30,274
Married w/Child		1,604	14,154	32,165
Single Male w/Child		375	1,472	3,357
Single Female w/Child		806	4,500	10,242

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Alameda County	1,443,741	+5	1,510,271	+12	1,696,752	+10	1,861,027
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
Marin County	247,289	+2	252,409	+4	263,085	+2	267,912
San Francisco County	776,733	+4	805,235	+12	903,294	+8	976,481

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3615 Martin Luther King Junior Way in Oakland?

The asking price for 3615 Martin Luther King Junior Way is $1,875,000

What is the building size of this Multifamily property in Oakland, CA?

The size of the building/unit at 3615 Martin Luther King Junior Way in Oakland is 4,350 square feet

How much land does the Oakland, CA property at 3615 Martin Luther King Junior Way include?

3615 Martin Luther King Junior Way in Oakland includes 0.140 acres of land

What is the population within 1 mile of 3615 Martin Luther King Junior Way in Oakland?

The population within 1 mile of 3615 Martin Luther King Junior Way Oakland, CA 94609 is 41,681 people.

Who do I contact for questions about 3615 Martin Luther King Junior Way?

You should contact the listing agent, Tim Warren, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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221 Fairmount Avenue, Oakland, CA	$1,650,000	5384	0.11
174 41st Street, Oakland, CA	$5,750,000	10467	-
549 West Grand Avenue, Oakland, CA	$2,600,000	9505	0.12
6108 Martin Luther King Junior Way, Oakland, CA	$1,550,000	3359	0.1
476 Wickson Avenue, Oakland, CA	$1,650,000	3417	0.11
450 Merritt Avenue, Oakland, CA	$3,200,000	12344	0.19
350 Hanover Avenue, Oakland, CA	$6,250,000	22587	0.23
2030 Essex Street, Berkeley, CA	$1,250,000	2820	0.11

Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	8
San Francisco International Airport (SFO)	15
Norman Y. Mineta San Jose International Airport (SJC)	37