2831 Martin Luther King Jr Way, Oakland, CA 94609

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2831 Martin Luther King Jr Way,Oakland, CA 94609
$799,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher paratore
Office: bhhs drysdale alameda510-523-1144
MLS#:41137937
Source:CRMLS

Price summary

  • Price:$799,000

About this home

Exceptional opportunity to acquire a fully occupied 5-unit apartment building in one of North Oakland's most sought-after rental markets, offered at $799,000. The property features an excellent unit mix of four 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, providing stable in-place income and broad tenant appeal. This well-maintained asset has benefited from significant recent capital improvements, including remodeled units, a newer roof, and fresh exterior paint, allowing investors to acquire a turnkey property with reduced near-term capital expenditures. Separately metered PG&E service allows tenants to pay their own gas and electricity, helping improve operating efficiency. Ideally situated just minutes from the Temescal District, MacArthur BART Station, UC Berkeley, Emeryville, Downtown Oakland, Kaiser Permanente, and major freeways, the property enjoys strong rental demand driven by convenient access to employment centers, shopping, dining, and public transportation. ...

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Home facts

  • Year built:1912
  • Subdivision & Development:PILL HILL
  • Listing ID #:41137937
  • Added:105 day(s) ago
  • Updated:September 25, 2026 at 11:29 AM

Rooms and interior

  • Kitchen Description:Electric Water Heater

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1912
  • Lot area:0.06 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$799,000

Features and amenities

  • Appliances:Electric Water Heater
  • Amenities:Electric Water heater

Parking

  • Total parking spaces:2
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