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.
Property Details
Price:
$849,000
MLS #:
41137937
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
PILL HILL
Listed Date:
Jun 11, 2026
Lot Size:
2,520 sqft / 0.06 acres (approx)
Year Built:
1912
See this Listing
Schools
Interior
Appliances
EWH
Cooling
NO
Heating
ELC
Exterior
Construction Materials
STC
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address2831 Martin Luther King Jr Way Oakland CA
- SubdivisionPILL HILL
- CityOakland
- CountyAlameda
- Zip Code94609
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Jul 10, 2026
431
Single Family Listed
99
Avg DOM
506
Avg $ / SqFt
$992,064
Avg List Price
Property Summary
- Located in the PILL HILL subdivision, 2831 Martin Luther King Jr Way Oakland CA is a Single Family for sale in Oakland, CA, 94609. It is listed for $849,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1912. The average price per square foot for Single Family listings in Oakland is $506. The average listing price for Single Family in Oakland is $992,064.
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2831 Martin Luther King Jr Way
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