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2501 Martin Luther King Jr Way Oakland, CA, 94612
$1,000,000 Land for sale 0.17 acres
Corner lot residential development opportunity in Oakland's Hoover-Foster neighborhood. Lot size of 7,304 sq ft (per public records) - centrally located near Uptown, Korea Northgate, and 19th St BART Station. RU-5 zoning. Located in Opportunity Zone. Available for purchase as a package deal with other developable lots at the following MLS #s : 41042151, 41042153, 41042154, 41042155, 41042156, 41042157 Also listed as Commercial Industrial. Contact agent for more details. Seller financing options available. Buyer to independently verify zoning and development possibilities with the City of Oakland. Neither seller nor listing agent has verified the accuracy of any of these sources of information.
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Property details
7,375 sqft interior area
Land area
7,375 sqft (0.17 acres)
Price per sqft
$135/sqft
Days on Verhouse
193
Address
2501 Martin Luther King Jr Way, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Previous price
$1,000,000
District
Oakland Zip Code 94612
Zoning
RU-5
Open Houses
No upcoming open houses
Listed by
Thomas Garabedian Cone, Red Oak Realty
Name
Thomas Garabedian Cone
License number
02034258
Brokerage company
Red Oak Realty
MLS #
41042158
Payment calculator
Calculate your monthly payments
Mortgage
$3,071
Taxes
$0
HOA dues
$0
Mortgage
$200,000 / 20%
2.28%
30 years
Your amount
$3,071 / month
Lot details
TMK #86785
Lot Description
Corner Lot
Parcel #
86785
94612 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94612
39%
Families with children
National average: 39%
54%
Non family households
366,871
Population
$123,990
Average Income
Age & gender
Median age 38 years
More info
Commute types
51% commute by car
More info
Education level
32% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$1.21m
Neighborhood average
sales price*
sales price*
$965k
Neighborhood median
sales price*
sales price*
627
Number
of sales*
of sales*
Housing type
33% are apartments
More info
Rooms
33% of the houses have 2 or 3 rooms
More info
Bedrooms
49% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are renters
More info
17.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Electricity Connected, Natural Gas Connected, Sewer On Site, Water Connected
Utilities
Electricity Connected, Natural Gas Connected, Sewer On Site, Water Connected
Location Details, Documents & Disclosures
—
Directions to property
MLK
Price history
New Listing Oct 17, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 17, 2023 | New Listing | $1,000,000 | 135.59 | MLS #41042158 |
| Oct 17, 2023 | New Listing | $1,000,000 | 0 | MLS #41042157 |
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Frequently Asked Questions about 2501 Martin Luther King Jr Way
What is 2501 Martin Luther King Jr Way?
2501 Martin Luther King Jr Way is a lot of 0.17 acres (about is 7,375 sqft).
What is the full address of this Land?
2501 Martin Luther King Jr Way, Oakland, CA, 94612.
Tell me about the point of interest nearby
The closest grocery stores are Koreana Plaza, 0.27 miles away and Community Foods Market, 0.56 miles away.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Oct 24, 2023
Verhouse Last checked 1 minute ago
The closest grocery stores are Koreana Plaza, 0.27 miles away and Community Foods Market, 0.56 miles away.
The 94612 zip area has a population of 366,871, and 39% of the families have children. The median age is 38.05 years and 51% commute by car. The most popular housing type is "apartment" and 63% is renter.
