3837 Martin Luther King Jr Way , Oakland, CA 94609
$1,200,000
Est. Payment: $6,586.05/mo
5 Bed
4 Bath
4209 Sqft
0.07 Acres
Status: Active | Days on site: 90
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DWSKH - YMIDOJUL,DWONEJOE
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House Description

Discover the potential of this unique triplex opportunity in the heart of Oakland. Positioned in an area experiencing major revitalization and ongoing development, this property offers investors, owner-users, and developers endless possibilities. Significant construction and improvements surrounding the property are transforming the neighborhood and may substantially enhance the future value, appeal, and long-term upside of the property and the surrounding community. This mixed-use triplex features a versatile layout with a ground-floor retail/commercial space, a spacious second floor with two bedrooms, two bathrooms, and a large third floor with three bedrooms and two bathrooms. The property also includes a big backyard with additional potential for outdoor use and entertaining. The property requires TLC and presents an excellent opportunity for a buyer with vision to renovate, improve, and maximize its potential. Whether you're looking to create income-producing units, establish a live/work environment, or capitalize on the area's ongoing growth and redevelopment, this property is a rare chance to invest in one of Oakland’s evolving corridors. Bring your imagination and unlock the possibilities this property offers.

Highlights

Listed by Julio Midolo , 8189741797 and Joey O'neill , 714-801-1014 ReMax Sky , 800-406-4106. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1900

County

Alameda

Listing ID

DW26109440

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
Water:Public

Exterior Features

Lot:Walkstreet,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,586
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,586.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,586.05 $765.00 $0.00 $7,351.05
Yearly $79,032.58 $9,180.00 $0.00 $88,212.58
Total $2,370,977.40 $275,400.00 $0.00 $2,646,377.40

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Oakland, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T21:11:42.000Z

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