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2831 Martin Luther King Jr Way, Oakland, CA 94609

Oakland
Local realty services provided by:CENTURY 21 Coastal Properties
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:49 day(s) ago
  • Updated:July 31, 2026 at 11:07 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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