3837 MARTIN LUTHER KING JR WAYOakland, CA 94609

Multi-Family · 4,209 Sq. ft. | 0.07 Acres
$1,200,000 Active

3837 MARTIN LUTHER KING JR WAY Overview

Time on Site:
41 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

3837 MARTIN LUTHER KING JR WAY Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,209
  • Price/Sq.ft. $285
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • Country: US
  • County Or Parish: Alameda
  • Postal City: OAKLAND

Community/Development

  • Community Features: Street Lights

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 012096400300
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4209.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Laundry Features: See Remarks
  • Levels: Three Or More
  • Stories Total: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Area: 3125.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3125.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 3
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

3837 MARTIN LUTHER KING JR WAY Neighborhood

Community

94609 (Oakland) Demographics

34
Median Age
13,890
Population Density (per sq. mile)
66%
College Educated
$95,693
Estimated Median Income
2,986
Estimated Total Home Owners
6,947
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3837 MARTIN LUTHER KING JR WAY Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3837 MARTIN LUTHER KING JR WAY Market Data

Based on the last 30 days in this zip code

$842,117
Average List Price
$564
Average Price per Square Foot
13
Properties Sold
53
Average Days on Market
51
Properties for Sale
Calculations provided by Reliance Network

3837 MARTIN LUTHER KING JR WAY History

Date Event Value Agent
5/19/2026Source: CRMLS Added to Database
May 19, 2026
Listing provided courtesy of ReMax SkyJulio Midolo- MLS# DW26109440MLS ProviderContact Information: [email protected] - 800-406-4106
Cookie Button: