2831 Martin Luther King Jr Way
Oakland, CA 94609
0
Bed
0
Bath
2,520Sqft(Lot)
Rare opportunity to acquire a fully occupied 5-unit apartment building in the heart of North Oakland. Located near the Temescal District, MacArthur BART, Berkeley, and Emeryville, this well-maintained property offers strong in-place income and long-term investment potential. The property features remodeled units, a newer roof, fresh exterior paint, and tenant-paid PG&E, helping reduce operating expenses. Electric water heaters further improve efficiency. The unit mix consists of four 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit, totaling approximately 3,420 square feet. Conveniently located near major transportation corridors, shopping, dining, and employment centers, this property is ideal for investors, owner-operators, and 1031 exchange buyers seeking stable cash flow i
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1912Construction Materials: StuccoPrivate Pool: No
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Lot Information
Main Square Feet: 2520 Lot Size Acres: 0.0579 Lot Size Square Feet: 2,520Property Information
Subdivision: PILL HILL Source Property Type: Residential Income Property Age: 114
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Listing Price Information
Listing Price: $849000
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Parking Information
Parking Total: 2
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Location Information
Direction: Cross Street: 28th st.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 38th Street, Oakland, CA, 94609 | $1,324,900 | 5 | 3 | 2,294 | 4,443.12 Sq. Ft |
| 3246 Mlk Jr. Way, Oakland, CA, 94609 | $599,000 | 3 | 3 | 1,336 | 4,080 Sq. Ft |
| 6437 Telegraph Ave, Oakland, CA, 94609 | $1,325,000 | 6 | 4 | 2,674 | 4,191 Sq. Ft |
| 345 51st Street, Oakland, CA, 94609 | $2,795,000 | 4 | 4 | 2,801 | 4,132 Sq. Ft |
| 51st Street, Oakland, CA, 94609 | $2,349,000 | 4 | 4 | 2,109 | 4,115 Sq. Ft |
| 5010 Manila, Oakland, CA, 94609 | $2,295,000 | 3 | 3 | 2,151 | 2,910 Sq. Ft |
| 362 50th St, Oakland, CA, 94609 | $925,000 | 2 | 1 | 1,202 | 5,275 Sq. Ft |
| 5457 Vicente Way, Oakland, CA, 94609 | $888,888 | 3 | 2 | 1,547 | 7,500 Sq. Ft |
| 5418 Telegraph Ave, Oakland, CA, 94609 | $1,050,000 | -- | -- | -- | 7,500 Sq. Ft |
| 452 44th St, Oakland, CA, 94609 | $925,000 | 3 | 1 | 1,263 | 4,280 Sq. Ft |
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ByOwner last updated this listing 09/27/2026 @ 02:40
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