2831 Martin Luther King Jr WAY, Oakland, CA 94609
2831 Martin Luther King Jr WAY, Oakland, CA 94609
2831 Martin Luther King Jr WAY, Oakland, CA 94609
2831 Martin Luther King Jr WAY, Oakland, CA 94609
2831 Martin Luther King Jr WAY, Oakland, CA 94609
2831 Martin Luther King Jr WAY, Oakland, CA 94609
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Listed by Christopher Paratore, DRE #01955016 • BHHS Drysdale Alameda
$ 849,000
Est. payment | /mo

3,213 SqFt


Save
$ 849,000
Est. payment | /mo
Save

3,213 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,213 sqft

Price per Sqft $264

MLS Listing ID EB41137937

Year Built 1912

Lot Size 2,520 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland's most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.

Location

State CA

County Alameda

Area Oakland Zip Code 94609

Interior

Heating Electric

Cooling None

Flooring Laminate, Hardwood

Exterior

Exterior Feature Stucco

Garage Spaces 2.0

Building

Water Heater - Electric

Others

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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2831 Martin Luther King Jr WAY