2831 Martin Luther King Jr Way, Oakland, CA 94609

Oakland
Local realty services provided by:ERA North Orange County Real Estate
2831 Martin Luther King Jr Way,Oakland, CA 94609
$849,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher paratore
Office: bhhs drysdale alameda510-523-1144
MLS#:41137937
Source:CRMLS

Price summary

  • Price:$849,000

About this home

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 in one of Oakland's strongest rental markets. Property to be sold in its present AS-IS condition. Buyer to independently verify all property information, including square footage, unit count, income,...

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Home facts

  • Year built:1912
  • Listing ID #:41137937
  • Added:8 day(s) ago
  • Updated:June 20, 2026 at 04:33 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:$849,000

Features and amenities

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

Parking

  • Total parking spaces:2
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