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$849,000
Est. payment /mo
2,522 Sqft Lot
New
2831 Martin Luther King Jr Way Oakland, CA 94609
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Pill Hill
MLS Listing ID 41137937
HOA Y/N No
Year Built 1912
Lot Size 2,522 Sqft
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Total Parking Spaces 2

Listed by Christopher Paratore BHHS Drysdale Alameda #01955016
NEARBY SCHOOL & BUSINESS
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