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1415 Martin Luther King Jr Way, Oakland, CA, 94612

1415 Martin Luther King Jr Way
CONTACT BROKER

Key Information

Lot Size
0.87 Acres
Units
28
Type
Apartments

Highlights

• Rare Downtown Oakland TOD Assemblage: Totaling approximately ±0.87 acres in a highly walkable urban infill location.
• Potential SB 79 Density Bonus Upside: Effective January 2025, offering a prospective pathway to enhanced development capacity.
• Flexible Development Scenarios: Ranging from approximately 90 to 210 units.
• Base-Case Development Concept: Approximately 150 units / ±120,000 buildable SF.
• Existing In-Place Income: From a 28-unit multifamily component, office, storage, and parking uses.
• Lower-Friction Redevelopment Optionality: Supported by multiple parking-lot parcels within the assemblage.
• Covered-Land Investment Profile: Combining interim income with long-term redevelopment potential.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245