2916 Martin Luther King Jr Way

Oakland, CA 94609

$799,000
Price
11
Beds
Baths
3,296 Sq. Ft.
$242 / Sq. Ft.
3,296
Sq. Ft.
$242
per Sq. Ft.

Description

Fourplex Investment Opportunity in Oakland! Located at 2914 Martin Luther King Jr Way, Oakland, CA, this fourplex is priced at $799,000 and is fully occupied by tenants, providing immediate rental income. The property is in a prime location with easy access to public transportation, shopping, and dining. Don't miss this opportunity!Fourplex Investment Opportunity in Oakland! Located at 2914 Martin Luther King Jr Way, Oakland, CA, this fourplex is priced at $799,000 and is fully occupied by tenants, providing immediate rental income. The property is in a prime location with easy access to public transportation, shopping, and dining. Don't miss this opportunity!
  1. Listed by David Newton • DRE #01966208 • Coldwell Banker Realty

Property Details for 2916 Martin Luther King Jr Way

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
No Parking
Park Spaces Total
0
LISTING UPDATED: 01/24/2025 10:16 AM

Property Details for 2916 Martin Luther King Jr Way

StatusActive
MLS #41081573
Days on Compass45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1906
Lot Size0.08 AC / 3,500 SF
CountyAlameda County

Building Information for 2916 Martin Luther King Jr Way

Stories-Residences4Year Built1906Building Size-Lot Size0.08 AC / 3,500 SF

Property Information for 2916 Martin Luther King Jr Way

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Carbon Mon Detector, Smoke Detector
  • City Transfer Tax: Yes
  • Exterior: Wood Siding, Other
  • Lot Description: Regular
  • Lot Sq Ft Apx: 3500
  • Lot Size Square Feet: 3500.0
  • Roof: Other
  • Sq Ft Apx: 3296
  • Yard Description: Back Yard
  • Year Built: 1906
  • Acres: 0.08
Location Details
  • Directions to Property: I980, 27th St to MLK
  • FIPS Code: 06001
  • Parcel Number: 9-698-17-2
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: Other
  • Parking Description: No Parking on Site
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Other
  • Financial Data Source: Incomplete, Limited Info, Other
Income / Expense Details
  • Operating Expenses: Maintenance/Repair, Trash Removal, Utilities, Other
Unit 1 Details
  • Unit #/Address - 1: 2914A
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Rent 1: 1400
Unit 2 Details
  • Unit #/Address - 2: 2914B
  • Occupied By 2: Tenant
  • Bedrooms 2: 3
  • Bathrooms 2: 1.5
  • Rent 2: 1350
Unit 3 Details
  • Unit #/Address - 3: 2916A
  • Occupied By 3: Tenant
  • Bedrooms 3: 3
  • Bathrooms 3: 2
  • Rent 3: 2000
Unit 4 Details
  • Unit #/Address - 4: 2916B
  • Occupied By 4: Tenant
  • Bedrooms 4: 3
  • Bathrooms 4: 1
  • Rent 4: 1246.91
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 2916 Martin Luther King Jr Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2916 Martin Luther King Jr Way

Taxable ValueLand$75,338Additions$173,277Total$248,615
Tax Record2024$7,038 ($586 / month)
Home Facts
Total Finished SqFt3,296 SqFtAbove Grade Finished SqFt3,296 SqFtStories2Lot Size3,500 SqFtStyleQuadraplexYear Built1918CountyALAMEDAAPN9-698-17-2

Schools near 2916 Martin Luther King Jr Way

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hoover Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Street Academy (Alternative)
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2916 Martin Luther King Jr Way is a multi-family home for sale in Oakland, CA 94609. This property was listed for sale on January 6, 2025 by Coldwell Banker Realty, it's currently listed at $799,000. It has been on the market for a total of 45 days and was last sold on March 30, 2000. This listing's school district is Oakland Unified School District. Nearby schools include Hoover Elementary School, Westlake Middle School and Oakland Technical High School. 2916 Martin Luther King Jr Way is a 11-bed, 5.5-bath, 3,296 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, David Newton, DRE #01966208

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.