4507-4509 Martin Luther King Jr Way - Churches FOR SALE


Oakland, CA 94609- Longfellow
$950,000 USD
510-592-4244
4507-4509 Martin Luther King Jr Way, Oakland, CA for Sale
$950,000 USD
Churches - FOR SALE
1/19
null | 6.4% Cap Rate

NEW


4507-4509 Martin Luther King Jr Way
Oakland, CA 94609
Longfellow


HIGHLIGHTS

  • 0.4 miles to MacArthur BART and steps to Temescal’s shops and restaurants. 92 Walk Score, 91 Bike Score, and close to UCSF Benioff Children’s Hospital
  • Two spacious 3BD units (3BA downstairs, 1BA upstairs), each ~1,500 sf with high ceilings, in-unit laundry, private outdoor space, and separate meters
  • Major renovation in 2013 qualifies the property for exemption from Oakland Rent Control and rent board fees.

OVERVIEW

Rare owner-occupy or investment duplex in prime North Oakland, just 0.4 miles to MacArthur BART and steps to Temescal’s shops and restaurants. 92 Walk Score, 91 Bike Score, and close to UCSF Benioff Children’s Hospital—ideal for attracting long-term tenants. Two spacious 3BD units (3BA downstairs, 1BA upstairs), each ~1,500 sq ft with high ceilings, in-unit laundry, private outdoor space, and separate meters. The modern downstairs unit features polished concrete floors and copper kitchen countertops; the upstairs unit offers a warm, traditional layout. Both units will be delivered vacant. Large basement provides ample storage. Major renovation in 2013 qualifies the property for exemption from Oakland Rent Control and rent board fees, giving owners operational flexibility in a competitive market. A turnkey opportunity in a location that blends lifestyle, access, and long-term demand. TRANSPARENT PRICE. All units are vacant and can be shown via calendly. Contact Joey at joeywang@kwcommercial.com to schedule a tour or with questions. For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7 Offers are due on Tuesday, May 27th at noon.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,907 SF

ZONING

RU-4

APN/PARCEL ID

013-1165-006-00

ASK ABOUT THIS PROPERTY

Joey WangKW CommercialMore Info
510-592-4244

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Joey WangKW CommercialMore Info
510-592-4244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.