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 |
|---|---|---|---|---|
| – | – | 3,420 | 2,520 | 1912 |
Rare opportunity to acquire a fully occupied 5-unit apartment building in the heart of North Oakland. Located near the Temescal District, MacArthur BART, Berkeley, and Emeryville, this well-maintained property offers strong in-place income and long-term investment potential. The property features remodeled units, a newer roof, fresh exterior paint, and tenant-paid PG&E, helping reduce operating expenses. Electric water heaters further improve efficiency. The unit mix consists of four 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit, totaling approximately 3,420 square feet. Conveniently located near major transportation corridors, shopping, dining, and employment centers, this property is ideal for investors, owner-operators, and 1031 exchange buyers seeking stable cash flow in one of Oakland's strongest rental markets. Property to be sold in its present AS-IS condition. Buyer to independently verify all property information, including square footage, unit count, income, expenses, permits, and zoning.
| Field | Value |
|---|---|
| MLS # | EB41137937 |
| MLS Source | Bridge MLS |
| Days on Site | 12 |
| 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 |
|---|---|---|---|---|---|
| 527 Chester St | $699,000 | – | – | 1,862 | PendingDoNotShow |
| 1070 Aileen St | $899,000 | – | – | 1,932 | Active |
| 523 25th St | $999,000 | – | – | 2,985 | Active |
| 615 Hillsborough St | $998,000 | – | – | 3,706 | Active |
| 961-963 37th Street | $799,000 | – | – | 1,932 | Active |
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This listing information is up-to-date as of June 19, 2026. For the most current information, please contact Christopher Paratore, (650) 302-0992.