Property Details
About this Property
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.
MLS Listing Information
MLS #
MR41089769
MLS Source
Bridge MLS
Days on Site
12
Interior Features
Flooring
Carpet - Wall to Wall, Wood
Cooling
Air Conditioning - None
Heating
Floor Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Detached, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 4 | 0/0 | – |
| 2 | – | 4 | 0/0 | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Street Academy (Alternative) | public | 9-12 | 0.31 mi | |
| Hoover Elementary School | public | K-5 | 0.38 mi | |
| Mcclymonds High School | public | 9-12 | 0.42 mi | |
| Oakland Adult And Career Education | public | UG | 0.44 mi | N/A |
| Westlake Middle School | public | 6-8 | 0.62 mi | |
| West Oakland Middle School | public | 6-8 | 0.96 mi | |
| Ralph J. Bunche High School | public | 9-12 | 0.96 mi | |
| Lafayette Elementary School | public | 3,4,5 | 0.97 mi | N/A |
| Martin Luther King, Jr. Elementary School | public | K-5 | 1.13 mi | |
| Oakland International High School | public | 9-12 | 1.14 mi | |
| Emerson Elementary School | public | K-5 | 1.28 mi | |
| Oakland Technical High School | public | 9-12 | 1.29 mi | |
| Lincoln Elementary School | public | K-5 | 1.32 mi | |
| Emery Secondary School | public | 9-12 | 1.33 mi | |
| Home And Hospital Program | public | K-12 | 1.34 mi | N/A |
| Young Adult Program | public | 12 | 1.34 mi | N/A |
| Anna Yates Elementary School | public | K-8 | 1.34 mi | |
| Piedmont Avenue Elementary School | public | K-5 | 1.39 mi | |
| Beach Elementary School | public | K-5 | 1.43 mi | |
| Prescott Elementary | public | K-5 | 1.67 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2840 Martin Luther King Jr Way is a Duplex in Oakland, CA 94609. This 2,751 square foot property sits on a 3,320 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $980,000 and was built in 1910. This address can also be written as 2840 Martin Luther King Jr Way, Oakland, CA 94609.
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This listing information is up-to-date as of March 24, 2025. For the most current information, please contact Nolan Jones, (510) 867-4806
