$1,300,000
$100K PRICE DROP

5936 Martin Luther King jr Way Oakland, CA 94609

Santa Fe Neighborhood

Estimated payment $8,676/month

Total Views 1,348
8 Beds
4 Baths
3,770 Sq Ft
$345 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Oakland Technical High School Rated A
  • Garage

About This Home

Beautiful 4-Unit Investment Property – Prime Location! Don’t miss this rare opportunity to own the best-looking building on the block! This well-maintained 4-unit property features excellent curb appeal, stable long-term tenants, and strong rental income. Ideally located just 1 block from the Ashby BART Station with easy access to San Francisco, this property sits right on the Berkeley border, offering the perfect blend of convenience and charm. Highlights: 4 spacious, well-kept units Excellent long-term tenants in place Highly desirable location near shops, dining, and transit One of the most attractive buildings in the area Great opportunity for investors or owner-occupants Whether you're looking to expand your portfolio or secure a prime location with built-in income, this property checks all the boxes.

Listing Agent

Joe Villa Sr

Vpm Real Estate Services License #00959882 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,957

Year Built

  • Built in 1943

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • No Garage
  • Uncovered Parking
  • Unassigned Parking

Additional Features

  • 6,655 Sq Ft Lot
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151358211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,957

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Year Built: 1943
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Martin Luther King Jr Way & 60th Street
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: No Garage, See Remarks, Unassigned, Uncovered Parking Space

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6655
  • Parcel Number: 151358211

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,957 $1,102,737 $330,821 $771,916
2023 $18,763 $1,081,115 $324,334 $756,781
2022 $17,970 $1,059,918 $317,975 $741,943
2021 $11,716 $656,705 $197,011 $459,694
2020 $11,576 $649,974 $194,992 $454,982
2019 $10,989 $637,234 $191,170 $446,064
2018 $10,692 $624,744 $187,423 $437,321
2017 $10,181 $612,498 $183,749 $428,749
2016 $9,872 $600,494 $180,148 $420,346
2015 $9,814 $591,477 $177,443 $414,034
2014 $11,525 $579,894 $173,968 $405,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $1,300,000 -7.1% $345 / Sq Ft
04/30/2025 04/30/25 For Sale $1,400,000 0.0% $371 / Sq Ft
04/30/2025 04/30/25 For Sale $1,400,000 -- $371 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Stewart Title
Deed -- Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $510,000 Chicago Title Co
Grant Deed $385,000 Financial Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $186,250 New Conventional
Previous Owner $515,000 New Conventional
Previous Owner $250,000 Stand Alone Second
Previous Owner $100,000 Stand Alone Second
Previous Owner $408,000 Purchase Money Mortgage
Previous Owner $250,250 No Value Available
Previous Owner $61,900 No Value Available
Closed $134,750 No Value Available
Source: Public Records

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Source: bridgeMLS

MLS Number: 41095595

bridgeMLS

APN: 015-1358-021-01