5 months on rocket

1423 Martin Luther King Jr Way, Oakland, CA, 94612

$695,000

Home List Price

$8,253*

Closing Credit

0 Baths
Multi

Location

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1423 Martin Luther King Jr Way, Oakland$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1905
HeatingWall Furnace
MLS #41066821
Lot Size0.05 Acres
StatusActive

About 1423 Martin Luther King Jr Way

The property is a spacious 2,931 SF duplex ideally situated in Downtown Oakland. This unique property features a 3-bedroom, 2-bathroom unit on the first floor and a large 4-bedroom, 1.5-bathroom unit on the second floor, both individually metered for gas, water, and electricity minimizing operating expenses. Centrally located, this duplex offers convenience and accessibility to Downtown Oakland's vibrant amenities, including dining, entertainment, and transportation options. Whether you are looking to invest or reside in Oakland's thriving urban environment, this property presents a fantastic opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1905

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Wood

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: 14th And Broadway Cross Street: MLK & 15th ST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

1423 Martin Luther King Jr Way vs Oakland

153 DAYS ON ROCKET

+111 Days

$695,000

-$155K Less

KEY TAKEAWAY

This property is $155K less than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41066821

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2000Home Sold
$850,000

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4400630
3
/10

  • Martin Luther King Jr. Elementary School

  • 960 10th St

  • 0.38 miles

  • Public District Grades PK-3

school-card-donut-4400631
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-4400632
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 1.15 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,477. The majority of Oakland, CA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94612›1423 Martin Luther King Jr Way

This home is located at 1423 Martin Luther King Jr Way in Oakland, CA and zip code 94612 in the San Pablo Gateway neighborhood. This home, which was built in 1905, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $695,000.

Over 122 listings were sold over their listed price in November 2024 in Oakland, CA. In the same period over 59 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Oakland, CA decreased by 12.3% between October 2024 and November 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $850,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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