2831 Martin Luther King Jr Way Oakland, CA 94609

Building Details

Year Built

1912

Listing agency c***@gmail.com Show Phone

Listed by Christopher Paratore Show Phone

Source Elliman

Added: Jun 18 Updated: Jul 22 at 9:09AM Checked: Jul 22 at 9:09AM

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Investment Insights

Based on property information with market context.

This fully occupied 5-unit multifamily property offers in-place rental income and has undergone significant capital improvements. Units have been remodeled, and the property includes a newer roof and fresh exterior paint. Tenant-paid PG&E utilities are in place, and the building uses electric water heaters.

Situated in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property also benefits from strong walk, bike, and transit convenience as reflected by Walk Score 89, Bike Score 100, and Transit Score 67.

For buyers seeking a low-maintenance multifamily investment with stable occupancy and reduced owner utility expense, this asset’s updated exterior and unit improvements support day-to-day ownership.

Key Highlights

• Fully occupied 5‑unit multifamily property built in 1912
• Remodeled units and fresh exterior paint as part of capital improvements
• Newer roof

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FAQs

What type of property is this?

Apartment building - Fully occupied 5-unit property with remodeled units, a newer roof, and tenant-paid PG&E utilities with electric water heaters.

Where is this apartment building located?

The property is located at 2831 Martin Luther King Jr Way Oakland, CA.

What is the asking price?

The asking price for this property is $849,000.

What are key features of this property?

This property features: Fully occupied 5‑unit multifamily property built in 1912; Remodeled units and fresh exterior paint as part of capital improvements; Newer roof