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Renovated Four-Unit Apartment Property

2323 Martin Luther King Jr Way, Oakland, CA 94612

For Sale
New
$999,999

The unit mix includes two four-bedroom apartments and two three-bedroom apartments.

Property Size4,604 SF
Days on Market6

Property Features for 2323 Martin Luther King Jr Way

General Information

Standard status Active
Size 4,604 SF
Property subtype Quadruplex

Site & Location

Neighborhood Northgate
Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 4BR/1BA, 2 x 3BR/1.5BA
Multifamily Units 4

Building Details

Building Size 4,604 SF
Year Built 1902
Year Renovated 2018
Listing Agency: Oak Tree Property Group
Listed By: Stephen Pagones · License CA #01760998
Source: Coastandcore
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oak Tree Property Group

Rey
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Investment Insights

Based on property information with market context.

This four-unit residential property contains two apartments with four bedrooms and one bathroom each, plus two apartments with three bedrooms and one-and-a-half bathrooms each. Renovation work in 2018 covered the interiors and exterior; the property also has a newer foundation and roof.

Neighborhood destinations include Sprouts Farmers Market, Double Standard, Drake’s Dealership, Starline Social Club, Peoples Barbershop, Stay Gold Deli, Temescal Brewing, and Eli’s Mile High Club. Freeway connections and BART provide transit options across the Greater Bay Area.

Key Highlights

  • Four apartments: two 4‑bedroom/1‑bathroom units and two 3‑bedroom/1.5‑bathroom units
  • Interior and exterior renovations completed in 2018
  • Newer foundation and roof

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

8,202
Businesses Nearby

Demographics for 94612, CA

19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
Median Home Value
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Market

Average Price Trend$/SF for Quadplexes in Oakland, CA

$333 Jul
$301 Aug
$275 Sep
$277 Oct

Properties on Market for Quadplexes in Oakland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The unit mix includes two four-bedroom apartments and two three-bedroom apartments.
Where is this quadplex located?
The property is located at 2323 Martin Luther King Jr Way Oakland, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Four apartments: two 4‑bedroom/1‑bathroom units and two 3‑bedroom/1.5‑bathroom units; Interior and exterior renovations completed in 2018; Newer foundation and roof
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