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Sold for $1,164,000
  • $1,164,000

    5810 Martin Luther King Jr Way, Oakland, CA 94609

    7beds
    6baths
    2,672sqft
    Quadruplex, Residential Income
    Built in 1956
    -- sqft lot
    $1,133,300 Zestimate®
    $436/sqft
    $3,419 Estimated rent

    Home value

    $1,133,300

    $1.01M - $1.27M

    $3,419/mo

    Zestimate® history
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    What's special

    Ashby bart stationLaundry facilityWrought-iron front gate
    This charming 4-plex is attractive to renters and UC Berkeley University students. It's located in the artsy Bushrod Community bordering Berkeley and Emeryville. Parks at Bushrood are frequented by young families and individuals with active lifestyles. It is close to a Whole Foods, Trader Joe's, Ashby BART Station, and Berkeley's finest restaurants and cafes. 100% occupied rented at today's rental market rate. 4 units currently have good paying tenants. The seller has made significant capital improvements to the building, upgrading all 4 units to an above-average standard. The exterior of the building is well kept, featuring a wrought-iron front gate with an automatic opener. There is ample parking available for all tenants inside the gates. Additional amenities include a laundry facility equipped with coin-operated machines. Living in this highly desirable neighborhood near Berkeley and Emeryville, tenants will have easy access to Downtown San Francisco, reachable within 20 minutes. Access is seamless to the Bay Bridge, Interstates 580 I-880, and I-80 in close proximity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert M. Balina 01263881 408-750-6425,

    Synergize Realty 408-850-7220

    Bought with:

    Tsovo Massena, 02179615

    Oxbridge Properties

    Source: MLSListings Inc,MLS#: ML81955360MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Kitchen
    • Features: Countertop_Granite, Countertop_Other
    Heating
    • Central Forced Air
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Range Hood, Oven/Range, Refrigerator
    • Laundry: Coin Operated
    Features
    • Flooring: Hardwood, Tile
    • Doors: None
    Interior area
    • Total structure area: 2,672
    • Total interior livable area: 2,672 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 3,980 Square Feet
    Details
    • Parcel number: 0151359021
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: TarGravel
    Condition
    • Year built: 1956

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $436/sqft
    • Tax assessed value: $1,187,280
    • Annual tax amount: $16,250
    • Date on market: 2/24/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Building, OvenRangeAllUnits

    Price history

    DateEventPrice
    4/9/2024Sold$1,164,000-6.9%$436/sqft
    Source: MLSListings Inc #ML81955360 Report a problem
    3/13/2024Pending sale$1,250,000$468/sqft
    Source: MLSListings Inc #ML81955360 Report a problem
    2/24/2024Listed for sale$1,250,000-3.8%$468/sqft
    Source: MLSListings Inc #ML81955360 Report a problem
    5/28/2021Sold$1,300,000+0.2%$487/sqft
    Source: Bay East AOR #40942429 Report a problem
    5/10/2021Pending sale$1,298,000$486/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40942429 Report a problem
    3/30/2021Listed for sale$1,298,000-7.2%$486/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40942429 Report a problem
    1/1/2021Listing removed--
    Source: CCAR Report a problem
    10/20/2020Price change$1,398,000+3.7%$523/sqft
    Source: Alliance Bay Realty #40916790 Report a problem
    10/18/2020Price change$1,348,000-3.6%$504/sqft
    Source: Alliance Bay Realty #40916790 Report a problem
    8/19/2020Listed for sale$1,398,000+351%$523/sqft
    Source: Alliance Bay Realty #40916790 Report a problem
    3/7/2000Sold$310,000+5536.4%$116/sqft
    Source: Public Record Report a problem
    4/10/1998Sold$5,500-90.6%$2/sqft
    Source: Public Record Report a problem
    12/10/1996Sold$58,500$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,187,280 -13.9%
    2024$21,240 -4.7%$1,379,560 +2%
    2023$22,288 +3.4%$1,352,520 +2%
    2022$21,564 +151.4%$1,326,000 +201.3%
    2021$8,576 +1.2%$440,158 +1%
    2020$8,471 +7.4%$435,648 +2%
    2019$7,890 +8%$427,108 +2%
    2018$7,308 $418,734 +2%
    2017$7,308 +3.7%$410,526 +2%
    2016$7,050 -3.6%$402,478 +1.5%
    2015$7,311 $396,433 +2%
    2014$7,311 $388,668 +0.5%
    2013-- $386,913 +2%
    2012-- $379,327 +2%
    2011-- $371,891 +0.8%
    2010-- $369,113 +16.7%
    2001$5,417 $316,200
    Find assessor info on the county website

    Neighborhood: Bushrod

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: OaklandUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,133,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,133,300