12 days on rocket

3311 Martin Luther King Jr Way, Oakland, CA, 94609

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
Multi

Location

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3311 Martin Luther King Jr Way, Oakland$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1988
HeatingForced Air
MLS #41080105
Lot Size0.11 Acres
StatusActive

About 3311 Martin Luther King Jr Way

Excellent opportunity for an investor or owner occupant in this duplex offering side-by-side 3BD/2BA units in Oakland’s Pill Hill neighborhood. This 1849 SQFT property has a vacant right side unit, welcoming you with an open floor plan where sunlight streams through a bay window and splashes onto durable LVP wood-like floors. Airy high ceilings add to the living and dining area’s spacious feel which spans into the adjoining kitchen. Down a hallway, you’ll find a laundry area and three sunny bedrooms, two full bathrooms including an en-suite jack-and-jill bath, plus access to the unit’s private large backyard. Surrounded by flowering mature landscaping, you’ll enjoy plenty of room to entertain and relax on the patio, play on the level lawn, or try urban gardening in the raised beds. The occupied unit has the same 3BD/2BA configuration and its own dedicated backyard. The units share a two-car driveway, and your commute is easy with nearby access to the MacArthur BART station down the road. The lively Oakland neighborhoods of Uptown, Piedmont Ave., and Temescal are all close by for dining, gyms, and entertainment, or shop for all of your needs in Emeryville. This home offers income potential and great urban living!

Property Details

Property Features

Property Information:

  • Year Built: 1988

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: David Gunderman

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Laminate, Tile

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • 3D Tour: 3311 Martin Luther King Jr Way
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Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 34th to MLK Cross Street: 33rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $6,511
  • Tax Year: 2021
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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

3311 Martin Luther King Jr Way vs Oakland

12 DAYS ON ROCKET

-30 Days

$599,000

-$251K Less

KEY TAKEAWAY

This property is $251K 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: #41080105

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: David Gunderman

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, 1:20:58 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

Apr 01, 2020Home Sold
$572,500
Jun 07, 2001Home Sold
$196,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,511$578,431
2020$6,510$351,654
2019$6,047$344,761
2018$5,779$338,002
2017$5,779$331,375

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-4316379
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-4316380
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-4316381
3
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 1.26 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 $21,633. Most Oakland, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94609›3311 Martin Luther King Jr Way

This home is located at 3311 Martin Luther King Jr Way in Oakland, CA and zip code 94609 in the Hoover neighborhood. This home, which was built in 1988, sits on a 0.11 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $599,000.

Oakland, CA housing market in November 2024 saw over 122 listings sold above listed price, more than 21 sold at listed price and over 59 sold below. In November 2024 in Oakland, CA there were 12.3% less homes for sale than in October 2024. In November 2024 median list price was $850,000 and the average listing age was 42 days.

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

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