Home | Alameda County | Oakland | 94609 | 2831 Martin Luther King Jr Way
MLS: EB41137937 | Status: | Price: $849,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,213 | 2,520 | 1912 |
This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland's most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.
| Field | Value |
|---|---|
| MLS # | EB41137937 |
| MLS Source | Bridge MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Flooring | Hardwood, Laminate |
| Cooling | None |
| Heating | Electric |
| Feature | Details |
|---|---|
| Complex Amenities | None |
Christopher Paratore
BHHS Drysdale Alameda
License #: 01955016
Phone: (650) 302-0992
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | $1,520 | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1033 Magnolia | $995,000 | – | – | 3,940 | Active |
| 758 a Alcatraz Avenue | $895,000 | – | – | 1,886 | Active |
| 515 28th St | $789,000 | – | – | 3,131 | Active |
| 4277 Howe St | $899,000 | – | – | 2,174 | Active |
| 4283 Howe Street | $899,000 | – | – | 1,856 | Active |
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This listing information is up-to-date as of June 11, 2026. For the most current information, please contact Christopher Paratore, (650) 302-0992.