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 | 2,294 SqFt |
| 3246 Mlk Jr. Way, Oakland, CA, 94609 | $669,000 | 2 | 2 | 1,048 | 1,048 SqFt |
| 6656 Dana St, Oakland, CA, 94609 | $1,195,000 | 3 | 2 | 2,105 | 2,105 SqFt |
| 6437 Telegraph Ave, Oakland, CA, 94609 | $1,325,000 | 6 | 4 | 2,674 | 2,674 SqFt |
| 5956 Canning St, Oakland, CA, 94609 | $1,879,000 | 4 | 4 | 2,481 | 2,481 SqFt |
| 5418 Telegraph Ave, Oakland, CA, 94609 | $1,050,000 | -- | -- | -- | |
| 6215 Dover Street, Oakland, CA, 94609 | $899,999 | 4 | 2 | 1,886 | 1,886 SqFt |
| 38th, Oakland, CA, 94609 | $815,000 | 4 | 2 | 1,626 | 1,626 SqFt |
| 767 47th Street, Oakland, CA, 94609 | $1,270,000 | 4 | 3 | 1,851 | 1,851 SqFt |
| Arlington Avenue, Oakland, CA, 94609 | $879,000 | 4 | 3 | 1,951 | 1,951 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 14:23
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