2501 Martin Luther King Jr Way, Oakland, CA 94612
FOR SALE

2501 Martin Luther King Jr Way
Oakland, CA 94612

Hoover/Foster
  • 7,375 sqft
  • 7,375 sqft

$1,000,000

Est. Mortgage $6,452/mo*

Local Information

map showing home location
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Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$136
Listed
180+ days ago

Home Details for 2501 Martin Luther King Jr Way

Interior Features

Dimensions and Layout
Living Area: 7375 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer On Site, Water Connected
Gas & Electric
Has Electric on Property

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: LandProperty Subtype: Unimproved Land
Property Information
Parcel Number: 86785

Price & Status

Price
List Price: $1,000,000Price Per Sqft: $136

Active Status

MLS Status: Active

Location

Direction & Address
City: Oakland

Agent Information

Listing Agent
Listing ID: 41042158

HOA

No HOA

Lot Information

Lot Area: 7375 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, Call Listing Agent, Creative

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 41042158
Last check for updates: about 14 hours ago
Listing courtesy of Thomas Garabedian Cone DRE #02034258, (510) 499-1235
Red Oak Realty
Sara Garabedian DRE #00931842, (510) 206-2170
Red Oak Realty
Source: bridgeMLS/CCAR/Bay East AOR, MLS#41042158

Price History for 2501 Martin Luther King Jr Way

DatePriceEventSource
10/17/2023$1,000,000Listed For SalebridgeMLS/CCAR/Bay East AOR #41042158

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Comparable Sales for 2501 Martin Luther King Jr Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.21
Lot/Land
$165,000
11/06/23
-
2,681
1.37
Lot/Land
$156,000
09/06/23
-
3,262
1.54
Lot/Land
$58,670
04/24/24
-
3,750
1.51
Lot/Land
$156,500
08/04/23
-
2,850
1.52
Lot/Land
$110,000
08/01/23
-
1,250
1.71
Lot/Land
$162,000
02/02/24
-
2,000
1.72
Lot/Land
$164,000
03/11/24
-
2,000
2.46
Lot/Land
$120,000
02/05/24
-
5,300
2.83
Lot/Land
$51,666
06/02/23
-
7,339
2.83
Lot/Land
$185,000
06/13/23
-
6,452

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hoover/Foster

  • Trulia User
    "The commute is bad depending on where your going and when your going. However, it is the Bay Area so you should plan accordingly. "
    0
    Flag
  • Trulia User
    "pet friendly owners and very caring owners/neighbors Mixture of different types of pets: dogs, cats, chickens, bunnies, guinea pigs and birds"
    0
    Flag
  • Ivan T.
    "It's fine. Hoover-Foster ( or Ghosttown, as many know it) has its problems, mostly due to all the encampments around. It's mostly safe, but I wouldn't walk around at night with headphones on or anything. "
    19
    Flag
  • Trulia User
    "45 mins to city via 2 buses. I can also use bart or drive if necessary. Typically an easy commute. Only sucks when raining. "
    1
    Flag
  • Kathleensueltz
    "Close to West Oakland, MacArthur, and 19th st Bart. Easy access to bus lines and 580, 24, and 880. "
    0
    Flag
  • Viejanatalie
    "Very family oriented neighborhood, many with pets. The dog park is very close within walking distance. All around quiet neighborhood and very pleasant."
    3
    Flag

LGBTQ Local Legal Protections

Thomas Garabedian Cone, Red Oak Realty
Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-02-14 12:48:06 PST.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2501 Martin Luther King Jr Way, Oakland, CA 94612 is a 7,375 sqft lot/land. 2501 Martin Luther King Jr Way is located in Hoover/Foster, Oakland. This property is currently available for sale and was listed by bridgeMLS/CCAR/Bay East AOR on Oct 17, 2023. The MLS # for this home is MLS# 41042158.