2840 Martin Luther King Jr. Way presents a rare opportunity for investors and developers to maximize rental income and add value. The property features two spacious units—one with four bedrooms and one bathroom, the other with four bedrooms and one and a half bathrooms—offering strong income potential. Additionally, there are two non-conforming units with existing drawings to legalize both and add a fifth unit, significantly increasing future cash flow. With a strategic location near transit, shopping, and employment centers, this property is well-positioned for growth. Whether you renovate the existing units, complete the legalization process, or develop further, this is an excellent opportunity to enhance value in a high-demand market.
Property Details
Price:
$980,000
MLS #:
41089769
Status:
Active
Baths:
0
Address:
2840 Martin Luther King Jr Way
Type:
Residential Income
Subtype:
Duplex
City:
Oakland
Listed Date:
Mar 17, 2025
State:
CA
ZIP:
94609
Lot Size:
3,320 sqft / 0.08 acres (approx)
Year Built:
1910
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Community
- Address2840 Martin Luther King Jr Way Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94609
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2840 Martin Luther King Jr Way
Oakland, CA
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