Financial
Distress signals
Property profile

5612 Martin Luther King Jr Way Oakland, CA 94609

OFF-MARKET
Other apartment buildings
Property ID
US09-8877977
7,744 SF 0.1 ac lot Built 2020
Last sale Jun 2023 · $3,168,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 5612 Martin Luther King Jr Way in Oakland, CA 94609, the property consists of two residential buildings: a newly constructed 6-unit apartment building and a renovated 3-unit mixed-use building. The mixed-use structure includes two permitted work/live units created in 2018 and a second-floor 3-bedroom, 1-bath apartment, with current zoning allowing the second-floor residence to be divided into approximately 2 to 3 units. The newer building features radiant-heated sealed concrete

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$3.57M
Assessed land$780k
Assessed improvement$2.79M
Effective rate0.89%

Value estimate

· Sep 2026
$745k
$671k – $820k
AI approach$615k
Sales comparison$589k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$216/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$127 – $294
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.2
Home Appliance Store9.5
Electrical Service9.3

Location

5612 Martin Luther King Jr Way Oakland, CA 94609-1618
County assessor Recorded deeds · 13 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
570 58th, Oakland, CA 94609-1530 $1,600,000 Dec 2025 7,802 SF
529 41st, Oakland, CA 94609-2437 $1,355,000 Jul 2024 6,558 SF
3815 Shafter, Oakland, CA 94609-2628 $2,200,000 Jun 2024 8,511 SF
501 Macarthur, Oakland, CA 94609-2415 $3,500,000 Jun 2023 6,570 SF
5471 Vicente, Oakland, CA 94609-1964 $4,900,000 Dec 2022 8,876 SF
4040 Manila, Oakland, CA 94609-2661 $2,775,000 Nov 2022 6,933 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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