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In-PersonVirtual Tour
$ 980,000
Est. payment /mo
Open 3/22 1:30PM-3PM
2840 Martin Luther King Jr Way Oakland, CA 94609
OPEN HOUSE
Sat Mar 22, 1:30pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41089769
HOA Y/N No
Year Built 1910
Lot Size 3,319 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Floor Furnace
Flooring Carpet, Wood
Fireplace No
Exterior
Parking Features Garage
Roof Type Shingle
Building
Lot Description Corner Lot
Sewer Public Sewer
Others
Tax ID 969727
Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY