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    5936 Martin Luther King Jr Way Oakland, CA 94609

    For Sale
    $1,200,000

    Well-maintained four-unit property near Ashby BART station in Oakland.

    Lot size:
    0.15 Acres

    Property Features for 5936 Martin Luther King Jr Way

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1943

    Source: VPM Real Estate Services Agent Joseph Villa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Multifamily Near Ashby BART

    This well-maintained four-unit property is located one block from the Ashby BART Station, near the Berkeley border. The property features stable long-term tenants and rental income. The location provides access to San Francisco. The building is located near shops, dining, and transit. This property may be suitable for investors or owner-occupants.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2703794
    Latitude
    37.8449625

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property near Ashby BART station in Oakland.
    Where is this quadplex located?
    The property is located at 5936 Martin Luther King Jr Way Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime location: Just 1 block from Ashby BART, near shops, dining, and transit, on the Berkeley border with easy access to San Francisco.; - Strong rental income from this well-maintained 4-unit property with stable, long-term tenants.; - Excellent curb appeal: This building is described as the best-looking on the block!
    (510) 708-3292
    Request Owner's contact information
    5936 Martin Luther King Jr Way Oakland, CA 94609
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    Oakland, CA 94609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5936 Martin Luther King Jr Way Oakland, CA 94609
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