2 months on rocket

3649 Martin Luther King Jr Way, Oakland, CA, 94609

$1,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3649 Martin Luther King Jr Way, Oakland$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1902
HeatingForced Air
CoolingOther
MLS #41070293
Lot Size0.11 Acres
StatusActive

About 3649 Martin Luther King Jr Way

The property has undergone substantial capital improvements, including new windows, structural retrofitting, and meticulous unit conversions. With over $700,000 invested in upgrades since its acquisition in December 2016, this property presents a rare chance for the discerning investor to capitalize on a well-maintained, income-generating asset.

Property Details

Property Features

Property Information:

  • Year Built: 1902

Listing Office:

  • Office Name: Oak Tree Property Group
  • Office Phone: (510) 255-2265
  • Listing Agent: Stephen Pagones

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

School Info

Assigned Schools Information:

  • McClymonds High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Emerson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Castro St to MLK Jr Way Cross Street: 37th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000

Tax Information:

  • Annual Amount: $16,306
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Oakland, CA

City

Med. Sold Price

$867.8K

Med. Price/SqFt

$594

Avg. Days On Market

36

# of Sold Homes

193

3649 Martin Luther King Jr Way vs Oakland

68 DAYS ON ROCKET

+32 Days

$1,295,000

+$427.1K More

KEY TAKEAWAY

This property is $427.1K more 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: #41070293

Listing Office:

  • Office Name: Oak Tree Property Group
  • Office Phone: (510) 255-2265
  • Listing Agent: Stephen Pagones

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: 10/27/2024, 5:20:50 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

Dec 02, 2016Home Sold
$980,000
Jul 01, 2005Home Sold
$679,000
Jan 14, 2005Home Sold
$68,682
Jan 14, 2005Home Sold
$481,070
Sep 18, 2003Home Sold
$555,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,306$1,050,746
2020$16,305$1,039,976
2019$18,275$1,019,592
2018$14,733$999,600
2017$14,733$980,000

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

Powered By

Rocket Mortgage

Advertisement

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.

Elementary School

school-card-donut-779135
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.88 miles

  • Public District Grades KG-5

Middle School

school-card-donut-779136
2
/10

  • Westlake Middle School

  • 2629 Harrison St

  • 0.93 miles

  • Public District Grades 6-8

High School

school-card-donut-779137
3
/10

  • McClymonds High School

  • 2607 Myrtle St

  • 0.73 miles

  • Public District Grades 9-12

school-card-donut-779138
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 2.23 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,304. Most Oakland, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3649 Martin Luther King Jr Way

What is the listing price of this property?

The listing price of 3649 Martin Luther King Jr Way property is $1,295,000.

What type of property is this?

The property 3649 Martin Luther King Jr Way is a house located in Oakland, California, 94609.

Is this property for sale now?

Active Listing: 3649 Martin Luther King Jr Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3649 Martin Luther King Jr Way are:
Emerson Elementary School: GreatSchools Rating 6/10
Westlake Middle School: GreatSchools Rating 2/10
McClymonds High School: GreatSchools Rating 3/10
Metwest High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,306 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 2016 for $980,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 3649 Martin Luther King Jr Way is 1902.

Rocket Homes›California›Alameda County›Oakland›94609›3649 Martin Luther King Jr Way

This home is located at 3649 Martin Luther King Jr Way in Oakland, CA and zip code 94609 in the Longfellow neighborhood. This home, which was built in 1902, sits on a 0.11 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $1,295,000.

In September 2024, from all listings sold in Oakland, CA there were more than 118 sold above asking price, over 40 sold below and more than 19 were sold right at the asked price. In September 2024 in Oakland, CA there were 18% more homes for sale than in August 2024. Listings spent 36 days on the market in September 2024, and had a median list price of $867,828 during the same period.

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

More Resources