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Pending
  • $1,075,000

    5936 Martin Luther King Jr Way, Oakland, CA 94609

    8beds
    4baths
    3,770sqft
    : 
    $7,505/mo
    Get pre-qualified
    Quadruplex
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $285/sqft
    $-- HOA

    What's special

    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.
    56 days
    |
    300
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Reva Tolbert DRE #01231497 510-339-4761,

    Coldwell Banker Realty

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41137266MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Wall Furnace
      Cooling
      • No Air Conditioning
      Features
      • Tub w/Shower Over
      • Flooring: Engineered Wood
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 3,770
      • Total interior livable area: 3,770 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Exterior features: Front Yard, Low Maintenance, Yard Space
      Lot
      • Size: 6,534 Square Feet
      • Features: Level, Front Yard
      Details
      • Parcel number: 151358211
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Stucco
      Condition
      • Year built: 1943

      Utilities & green energy

      • Electric: No Solar
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Individual Electric Meter, Individual Gas Meter

      Community & HOA

      Community
      • Security: Secured Access
      HOA
      • Has HOA: No
      Location
      • Region: Oakland

      Financial & listing details

      • Price per square foot: $285/sqft
      • Tax assessed value: $1,124,783
      • Date on market: 6/4/2026
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,548/mo

        Price history

        DateEventPrice
        7/25/2026Pending sale$1,075,000$285/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41137266 Report a problem
        7/13/2026Listed for sale$1,075,000$285/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41137266 Report a problem
        7/7/2026Pending sale$1,075,000$285/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41137266 Report a problem
        6/5/2026Listed for sale$1,075,000-10.4%$285/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41137266 Report a problem
        2/6/2026Listing removed$1,200,000$318/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41095595 Report a problem
        10/7/2025Price change$1,200,000-4%$318/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41095595 Report a problem
        8/12/2025Price change$1,250,000-3.8%$332/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41095595 Report a problem
        6/17/2025Price change$1,300,000-7.1%$345/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41095595 Report a problem
        5/1/2025Listed for sale$1,400,000+174.5%$371/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #41095595 Report a problem
        11/5/2015Listing removed$2,285$1/sqft
        Source: VPM Real Estate Services Report a problem
        10/22/2015Price change$2,285-2.8%$1/sqft
        Source: VPM Real Estate Services Report a problem
        10/7/2015Listed for rent$2,350+62.1%$1/sqft
        Source: VPM Real Estate Services Report a problem
        11/10/2012Listing removed$1,450
        Source: Owner Report a problem
        9/11/2012Listed for rent$1,450
        Source: Owner Report a problem
        10/29/2004Sold$510,000+32.5%$135/sqft
        Source: Public Record Report a problem
        3/3/2003Sold$385,000$102/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,124,783 +2%
        2024$17,957 -4.3%$1,102,737 +2%
        2023$18,763 +4.4%$1,081,115 +2%
        2022$17,970 +53.4%$1,059,918 +61.4%
        2021$11,716 +1.2%$656,705 +1%
        2020$11,576 +5.3%$649,974 +2%
        2019$10,989 +7.9%$637,234 +2%
        2018$10,181 $624,744 +2%
        2017$10,181 +3.1%$612,498 +2%
        2016$9,872 -14.3%$600,494 +1.5%
        2015$11,525 $591,477 +2%
        2014$11,525 $579,894 +0.5%
        2013-- $577,278 +2%
        2012-- $565,961 +2%
        2011-- $554,868 +0.8%
        2010-- $550,723
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bushrod

        Getting around

        91 / 100
        Walker's Paradise
        60 / 100
        Good Transit
        100 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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