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3881 Martin Luther King Jr Way 0.13 Acres of Residential Land Offered at $470,050 CAD in Oakland, CA 94609

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INVESTMENT HIGHLIGHTS

Oakland Children's Hospital (0.7 miles), Kaiser Permanente Medical Center (1 mile), UC Berkeley (3.4 miles)

Easy access to major freeway arteries including I-580, I-980, I-880 & Highway 24

EXECUTIVE SUMMARY

CN-3 commercial neighborhood zoning allows for sixty (60) foot height with potential bonuses
Located within an Opportunity Zone
The site bodes well for a modular construction development: a flat corner lot for easy access
Two nearby vacant parcels for potential staging
REO Sale

Marketing Brochure/Flyer

PROPERTY FACTS

Price	$470,050 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	0.13 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$470,050 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily
Total Lot Size	0.13 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price	$470,050 CAD	Lot Size	0.13 AC
Price Per AC	$3,615,769.37 CAD

Price	$470,050 CAD
Price Per AC	$3,615,769.37 CAD
Lot Size	0.13 AC

The property sits on a corner lot with convenient access one block from the MacArthur BART Transfer Station making it an ideal transit-oriented development project.

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Walk Score®

Walker's Paradise (91)

Transit Score®

Excellent Transit (75)

Bike Score®

Biker's Paradise (99)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	012-0963-001-00	Improvements Assessment	$0 CAD
Land Assessment	$572,975 CAD	Total Assessment	$572,975 CAD

PROPERTY TAXES

Parcel Number

012-0963-001-00

Land Assessment

$572,975 CAD

Improvements Assessment

$0 CAD

Total Assessment

$572,975 CAD

(650) 678-3577

CONTACT

David Chavez
SVN | Capital West Partners

Listing ID: 32788785
Date on Market: 2024-08-13
Last Updated:
Address: 3881 Martin Luther King Jr Way, Oakland, CA 94609

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3881 Martin Luther King Jr Way, Oakland, CA for sale Building Photo- Image 1 of 3 — Building Photo

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