5936 Martin Luther King Jr Way

$1,200,000
Price
8
Beds
Baths
3,770 Sq. Ft.
$318 / Sq. Ft.
3,770
Sq. Ft.
$318
per Sq. Ft.

Description

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...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.
  1. Listed by Joseph Villa • DRE #00959882 • VPM Real Estate Services

Property Details for 5936 Martin Luther King Jr Way

City
OAKLAND
Dist Neighborhood Subdiv
NORTH OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
4
Total # Parking Spaces
4
LISTING UPDATED: 10/14/2025 01:21 AM

Property Details for 5936 Martin Luther King Jr Way

StatusActive
MLS #41095595
Days on Compass236
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1943
Lot Size0.15 AC / 6,655 SF
CountyAlameda County

Location

Listing Courtesy of VPM Real Estate Services, Joseph Villa, DRE #00959882
Add your commute

Building Information for 5936 Martin Luther King Jr Way

Stories-Residences4Year Built1943Building Size-Lot Size0.15 AC / 6,655 SF

Payment Calculator

$7,498 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$1,568

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5936 Martin Luther King Jr Way

Features
Feature Details
  • Flooring: Carpet, Hardwood, Tile
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Public, PublicSewer
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Carbon Mon Detector, Smoke Detector(s)
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 6655
  • Lot Size Square Feet: 6655.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3770
  • Yard Description: Back Porch, Front Yard
  • Year Built: 1943
  • Acres: 0.15
Location Details
  • Directions to Property: Martin Luther King Jr Way & 60th Street
  • FIPS Code: 06001
  • Parcel Number: 15-1358-21-1
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: None
  • Parking Description: No Garage, See Remarks, Unassigned, Uncovered Parking Space
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas, Water
  • Total Deposits: $6,000
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Gross Sched Income: $8,555
  • Annual Insurance Expense: $2,010
  • Annual Management Expense: $0
  • Annual Utility Expense: $3,000
  • Annual Vacancy Expense: $0
Unit 1 Details
  • Unit #/Address - 1: #1
  • Occupied By 1: Tenant
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 942.5
  • Rent 1: 1780.00
Unit 2 Details
  • Unit #/Address - 2: #2
  • Occupied By 2: Tenant
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 942.5
  • Rent 2: 2100
Unit 3 Details
  • Unit #/Address - 3: #3
  • Occupied By 3: Tenant
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 942.5
  • Rent 3: 2300
Unit 4 Details
  • Unit #/Address - 4: #4
  • Occupied By 4: Tenant
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 942.5
  • Rent 4: 2375
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 6000
Additional Information
Additional Information
  • Fireplace: No

Property History for 5936 Martin Luther King Jr Way

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Price Change

EBRD #41095595

$1,200,000
Oct 7, 2025

Price Change

MLSListings #EB41095595

$1,200,000
Aug 11, 2025

Price Change

EBRD #41095595

$1,250,000
Aug 11, 2025

Price Change

MLSListings #EB41095595

$1,250,000
Jun 17, 2025

Price Change

EBRD #41095595

$1,300,000
Jun 17, 2025

Price Change

MLSListings #MR41095595

$1,300,000
Apr 30, 2025

Listed (Active)

EBRD #41095595

$1,400,000
Apr 30, 2025

Listed (Active)

MLSListings #MR41095595

$1,400,000
May 31, 2007

Expired

MLSListings #EB40228092

$800,000
May 31, 2007

Expired

CLAW #40228092BR

Dec 1, 2006

Listed (Active)

MLSListings #EB40228092

$850,000
Nov 30, 2006

Listed (Active)

CLAW #40228092BR

$850,000
Oct 26, 2004

Sold (Public Record)

Public Record #145659733

$510,000

+18.6% / yr

Mar 3, 2003

Sold (Public Record)

Public Record #108853578

$385,000
DateEvent & SourcePrice
10/07/2025

Price Change

EBRD #41095595

$1,200,000
10/07/2025

Price Change

MLSListings #EB41095595

$1,200,000
08/11/2025

Price Change

EBRD #41095595

$1,250,000
08/11/2025

Price Change

MLSListings #EB41095595

$1,250,000
06/17/2025

Price Change

EBRD #41095595

$1,300,000
06/17/2025

Price Change

MLSListings #MR41095595

$1,300,000
04/30/2025

Listed (Active)

EBRD #41095595

$1,400,000
04/30/2025

Listed (Active)

MLSListings #MR41095595

$1,400,000
05/31/2007

Expired

MLSListings #EB40228092

$800,000
05/31/2007

Expired

CLAW #40228092BR

12/01/2006

Listed (Active)

MLSListings #EB40228092

$850,000
11/30/2006

Listed (Active)

CLAW #40228092BR

$850,000
10/26/2004

Sold (Public Record)

Public Record #145659733

$510,000

+18.6% / yr

03/03/2003

Sold (Public Record)

Public Record #108853578

$385,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5936 Martin Luther King Jr Way

Taxable ValueLand$337,435Additions$787,348Total$1,124,783
Tax Record2025$18,821 ($1,568 / month)
Home Facts
Total Finished SqFt3,770 SqFtAbove Grade Finished SqFt3,770 SqFtStories2Lot Size6,655 SqFtStyleQuadraplexYear Built1943CountyALAMEDAAPN15-1358-21-1

Schools near 5936 Martin Luther King Jr Way

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Sankofa United Elementary School
PublicK to 5

Claremont Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Aspire Berkley Maynard Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5936 Martin Luther King Jr Way is a multi-family home for sale in Oakland, CA 94609. This property was listed for sale on April 30, 2025 by VPM Real Estate Services, it's currently listed at $1,200,000. It has been on the market for a total of 236 days and was last sold on October 26, 2004. This listing's school district is Oakland Unified School District. Nearby schools include Sankofa United Elementary School, Claremont Middle School and Oakland Technical High School. 5936 Martin Luther King Jr Way is a 8-bed, 0-bath, 3,770 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VPM Real Estate Services, Joseph Villa, DRE #00959882

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.