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
-
Bathroom Information
Total Baths: 0 -
Interior Features
Property Appliances: Electric Water Heater -
Cooling Features
None Air ConditioningHeating Source
Electric Has Heating
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Building Information
Year Built: 1912 Construction: Stucco
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0579 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 2520
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Listing Price Information
Original List Price: 849,000 Listing Contract Date: 2026-06-11
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Other Property Info
Source Listing Status: Active Source Neighborhood: Directions: Cross Street: 28th st. Source Property Type: Residential Income -
Building and Construction
Property Age: 114 Year Built Source: Vendor Enhanced
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 |
| 6215 Dover Street, Oakland, CA, 94609 | $899,999 | 4 | 2 | 1,886 | 1,886 SqFt |
| 522 63rd, Oakland, CA, 94609 | $825,000 | 2 | 1 | 942 | 942 SqFt |
| 546 61st St, Oakland, CA, 94609 | $1,695,000 | 4 | 4 | 2,180 | 2,180 SqFt |
| 758 Alcatraz Avenue, Oakland, CA, 94609 | $895,000 | 3 | 2 | 1,886 | 1,886 SqFt |
| 38th, Oakland, CA, 94609 | $815,000 | 4 | 2 | 1,626 | 1,626 SqFt |
| Arlington Avenue, Oakland, CA, 94609 | $879,000 | 4 | 3 | 1,951 | 1,951 SqFt |
| 672 33rd St, Oakland, CA, 94609 | $630,000 | -- | -- | -- |
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ByOwner last updated this listing 06/21/2026 @ 04:09
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