Listing provided courtesy of Christopher Paratore of BHHS Drysdale Alameda. Last updated 2026-06-27 08:11:34.000000. Listing information © 2026 Sandicor.
Asking Price: $849,000 |
2831 Martin Luther King Jr Way, Oakland CA 94609
Community:
This property was built in 1912 and is priced at $849,000. Please see the additional details below.
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.










