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

3,420 SqFt


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

3,420 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $248

MLS Listing ID EB41137937

Year Built 1912

Lot Size 2,520 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

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, expenses, permits, and zoning.

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