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Listing Courtesy Of:
KELLER WILLIAMS TRI VALLEY REALTY, Nolan Jones
Local Realty Services Provided By:
KW Advisors
Overview
What It'll Cost
Neighborhood
Similar Homes
2840 Martin Luther King Jr Way, Oakland, CA 94609
8 Beds
2840 Martin Luther King Jr Way, Oakland, CA 94609
Estimation provided by Keller Williams Realty Inc.
8 Beds
Active
For Sale
Open House:
(Local time)
Sat 4/5 1:30 PM - 3:00 PM (Local time)
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
Property Details
Compare This Home
Overview
Property Type
Duplex
Property Size
Year Built
1910
Days on Site
15 Days
HVAC
No Air Conditioning, Floor Furnace
Parking
Yes
Margaret Apple | Real Estate Salesperson | Keller Williams Silicon Valley
Keller Williams Silicon Valley
DRE # 01199883
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Sat 4/5 1:30 PM - 3:00 PM (Local time)
Estimated Monthly Payment
Purchase Price:
$980,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/17/2025
Listed
(+21.74% )
07/06/2016
Sold
(+302.5% )
01/22/2009
Sold
(-59.31% )
11/19/2008
Sold
(+3.48% )
04/18/2005
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+7.54% )
Land 269,393 +
Additions 628,584
2021
(+4.98% )
Land 264,111 +
Additions 616,260
2019
(+2.13% )
Land 256,279 +
Additions 597,986
2018
(+207.45% )
Land 251,256 +
Additions 586,265
2016
Land 241,500 +
Additions 563,500
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Foster Hoover
Car-Dependent
Walkable
Very Walkable
Margaret Apple | Real Estate Salesperson | Keller Williams Silicon Valley
Keller Williams Silicon Valley
DRE # 01199883
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