5936 Martin Luther King Jr Way , Oakland, CA 94609
$1,075,000
Est. Payment: $5,428.43/mo
8 Bed
4 Bath
0 Sqft
Status: pending | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

This rare and impressive fourplex offers approximately 3,800 square feet of living space and stands apart from other multifamily opportunities in the area. Situated on a large lot, the property showcases pride of ownership throughout, with attractive curb appeal and a well-maintained interior and exterior. Each of the four units features a spacious and nearly identical floor plan, offering comfortable two-bedroom, one-bathroom living. The thoughtfully designed layouts include inviting living rooms, dedicated dining areas, functional kitchens, generous bedroom sizes, ample closet space, and convenient pantry storage. The interiors have been refreshed with appealing finishes, creating a clean and contemporary feel. Kitchens feature updated cabinetry complemented by attractive countertops, while the bathrooms have also been tastefully refreshed. Neutral color palettes throughout the units create bright, cheerful living spaces that appeal to a wide range of tenants and owner-occupants alike. The property's exceptional condition is evident, with minimal signs of the typical wear and tear often found in multifamily buildings. The location is truly exceptional. Positioned in desirable North Oakland, the property enjoys the unique advantage of being just moments from both Berkeley and Emeryville. This sought-after corridor blends the charm of established neighborhoods with the convenience of vibrant shopping districts, popular cafes, local restaurants, cultural attractions, and everyday amenities. Residents benefit from the distinct character and lifestyle offerings of three dynamic East Bay communities while enjoying convenient access to public transportation and neighborhood-serving establishments. Whether you are seeking a strong income-producing investment, an owner-occupant opportunity, or a combination of both, this refreshed and versatile fourplex presents a unique opportunity. With its spacious units, excellent condition, large lot, and premier North Oakland location bordering Berkeley and Emeryville, this property represents a rare opportunity to own a well-maintained multifamily asset in one of the East Bay's most desirable and interconnected neighborhoods.

Highlights

Listed by Reva Tolbert , 510-339-4761 Coldwell Banker Realty , 510-339-4700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1943

County

Alameda

Neighborhood

North Oakland

Listing ID

41137266

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:

Exterior Features

Lot:Front Yard,Street Level,No Land Lease
Garage Capacity:4
Others:Stucco,2+ Total Units
Principal Interest
$5,428
Taxes
$685

Home Price

$1,075,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$215,000
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:
$5,428.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,428.43 $685.31 $0.00 $6,113.75
Yearly $65,141.21 $8,223.75 $0.00 $73,364.96
Total $1,954,236.44 $246,712.50 $0.00 $2,200,948.94

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Average Days on Market

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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: 2026-08-10T22:37:46.000Z

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