2840 Martin Luther King Jr Way
Oakland, CA 94609
- 8 beds
- – baths
- 2,751 sqft
- 3,320 sqft lot
- $356 per sqft
- 1910 build
- 5 days on site
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.
Last checked:
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Last updated Mar 19, 2025
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MLS# 41089769 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1910
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Building Area Units:Square Feet
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Construction Materials:Wood Siding
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Basement:Other
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Security Features:Security Gate
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Building Area Total:2751
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Building Area Source:Public Records
Interior
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Interior Features:Formal Entry
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Flooring:Carpet
Room Dimensions
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Living Area:2751
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Living Area Units:Square Feet
Location
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Directions:Right off of 28th Street
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:969727
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Lot Features:Corner Lot
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Lot Size Area:0.08
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Lot Size Acres:0.08
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Lot Size SqFt:3320
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Lot Size Units:Acres
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Fencing:Fenced
Listing Agent
- Contact info:
- Agent phone:
- (510) 867-4806
Beds
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Bedrooms Total:8
The Listing
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Listing Terms:Price As Is
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Special Listing Conditions:Offer As Is
Heating & Cooling
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Heating:Floor Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
The Community
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Features:Detached
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/17/25
Mar 17, 2025
|
Listed / Active | BRIDGE | $980,000 | 390.0% (24.3% / YR) |
|
3/2/09
Mar 2, 2009
|
BRIDGE | $200,000 |
