4030 Martin Luther King Jr Way

4030 Martin Luther King Jr Way, Oakland, CA 94609

  • For Sale $2,950,000
  • Property Type Multi-Family
  • Property Size 7,668 SF
  • Units 9
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Year Built 1923
  • Date Updated Nov 5, 2024
The property is ideally located less than two blocks from Telegraph Avenue in Oakland's Temescal neighborhood. Residents benefit from a range of restaurant choices including Homeroom, Cholita Linda, and Bakesale Betty, as well as a variety of other restaurants and shopping options. Commuters will appreciate the close proximity of the Macarthur BART Station just one block away offering access to the entire Bay Area. The property features a 92 Walk Score and is considered a “Walker’s Paradise” by walkscore.com. This location will continue to demand premium rents and maintain a very low vacancy rate.The Mitchell Warren Team is pleased to present 4030 Martin Luther King Jr Way, a well-maintained 9-unit mixed-use investment property located in Oakland's Temescal neighborhood. The property consists of two 2-bedroom, 1-bathroom units, four 1-bedroom, 1-bathroom units, one large studio unit, and two ground-floor commercial spaces. The current ownership has completed a substantial number of interior and exterior improvements including a new roof, electrical and plumbing upgrades, significant unit renovations, and fresh exterior paint.. The units are individually metered for electricity, gas, AND WATER minimizing the operating expenses. The property offers excellent in-place income with significant upside potential. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate.

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Highlights

  • Fantastic North Oakland location just ONE BLOCK from the Macarthur BART Station
  • Two 2bd/1ba units, four 1bd/1ba units, one studio unit, and two commercial spaces
  • New roof, electrical and plumbing upgrades, significant unit renovations, and fresh exterior paint
  • Individually metered for WATER, gas, and electricity minimizing expenses
  • Located just two blocks from Telegraph Avenue in the Temescal Neighborhood
  • Steps from endless dining options including Bakesale Betty, Cholita Linda, and Homeroom
  • 92 Walk Score and is considered a “Walker’s Paradise” by walkscore.com

Contacts

broker

Kent Mitchell

NAI NorCal

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    76/100 Excellent Transit

  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Oakland, CA
  • Neighborhood Longfellow
  • Zip Code 94609
  • Market Bay Area

Points of Interest

  • MacArthur

    0.12 miles

  • Emeryville

    1.48 miles

  • Ashby

    1.57 miles

  • 19th Street BART Street Elevator

    1.61 miles

  • Oakland City Center - 12th Street

    1.87 miles

  • Lake Merritt

    2.30 miles

  • West Oakland

    2.31 miles

  • Oakland-Jack London Square

    2.54 miles

  • Downtown Berkeley

    2.75 miles

  • Berkeley

    3.12 miles

  • A & P

    0.50 miles

  • Arco

    0.52 miles

  • Broadway 76

    0.62 miles

  • Chevron

    0.63 miles

  • Speedway

    0.64 miles

  • Mobil

    0.64 miles

  • Valero

    0.65 miles

  • Electrify America

    0.67 miles

  • Fuel 24:7

    0.68 miles

  • Hyroad Fueling Station

    0.84 miles

  • MacArthur BART Parking Garage

    0.22 miles

  • Children's Hospital & Research Center Oakland - Parking Garage

    0.52 miles

  • Kaiser Permanente Medical Center - Parking Garage

    0.62 miles

  • The Logan Resident and Whole Foods Parking Garage

    0.63 miles

  • Merritt Pavilion Employee Parking Garage

    0.64 miles

  • Summit Garage

    0.71 miles

  • Broadway Webster Medical Plaza

    0.74 miles

  • Peralta MOB Parking Garage

    0.75 miles

  • Costco

    8.85 miles

  • Imperial Inn

    0.33 miles

  • Nights Inn Motel

    0.35 miles

  • Inn at Temescal

    0.35 miles

  • Maya Motel

    0.39 miles

  • Travel Inn

    0.41 miles

  • Motor Inn

    0.43 miles

  • Value Inn

    0.55 miles

  • Westwind Lodge

    0.61 miles

  • Broadway Motel

    0.69 miles

  • Chaparral Motel

    0.95 miles

  • MLK Restaurant & Full Bar

    0.14 miles

  • Lee's Donuts

    0.18 miles

  • Church's Chicken

    0.19 miles

  • Cafe Eritrea d' Afrique

    0.19 miles

  • K Banchan

    0.19 miles

  • Co Nam

    0.22 miles

  • Catastrophe Pizza

    0.23 miles

  • Daol tofu

    0.23 miles

  • Smokin Woods BBQ

    0.24 miles

  • Hancook

    0.24 miles

  • Sacred Heart School

    0.07 miles

  • Longfellow Child Care Center

    0.29 miles

  • Oakland Military Institute

    0.31 miles

  • Oakland International High School

    0.41 miles

  • North Oakland Community Charter School

    0.52 miles

  • Park Day School

    0.57 miles

  • Emerson Elementary School

    0.59 miles

  • Hoover Elementary School

    0.61 miles

  • East Bay German International School

    0.61 miles

  • Emery Secondary School

    0.63 miles

  • Duck's Nest

    0.32 miles

  • St Mary's Center Preschool

    0.72 miles

  • Duck's Nest Preschool

    0.74 miles

  • Snow White Pre School

    0.83 miles

  • Emeryville Child Development Center

    1.03 miles

  • East Bay Agency for Children Therapeutic Nursery School

    1.14 miles

  • Happa Baby School

    1.20 miles

  • Beach Schoolmates

    1.28 miles

  • Casa De Los Niños

    1.33 miles

  • Ephesian Children's Center

    1.36 miles

Frequently Asked Questions

How much does 4030 Martin Luther King Jr Way cost?

The space currently listed for sale at 4030 Martin Luther King Jr Way asks for $2,950,000.

What is the total square footage of 4030 Martin Luther King Jr Way?

4030 Martin Luther King Jr Way totals 7,668 square feet.

When was this property built?

4030 Martin Luther King Jr Way was built in 1923.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Kent Mitchell

NAI NorCal