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Off market
  • $985,500

    3331 Martin Luther King Jr Way, Oakland, CA 94609

    9beds
    3baths
    3,050sqft
    MultiFamily
    Built in 1906
    -- sqft lot
    $985,500 Zestimate®
    $323/sqft
    $2,707 Estimated rent

    Home value

    $985,500

    $877,000 - $1.09M

    $2,707/mo

    Zestimate® history
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    $2,707/mo

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    $6,387/mo

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    $6,387/mo

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    What's special

    Extraordinary victorian triplex with strong cashflow features, original victorian details, large owner's unit penthouse flat, updated kitchen (2012), updated baths (2012), retrofitted foundation (2012), large yard with ADU potential (buyer to investigate), newer roof (2012) all on a private corner lot in a great central location. This property is a great opportunity for investment or owner occupier as the property has a good income history with low vacancy at a 6.95% CAP Rate on Actual (taxes based on $998k sales price).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    Heating
    • Forced air, Wall
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    • Laundry: Washer, Laundry Room, Dryer, Coin Operated, Community Facility
    Features
    • Tub w/Shower Over, Shower Stall(s)
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished, Full, Storage Space, Separate Entry
    • Has fireplace: Yes
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 3,050 sqft

    Property

    Features
    • Exterior features: Wood
    • Fencing: Fenced, Perimeter
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3,750 Square Feet
    • Features: Level, Corner Lot, Premium Lot, Street Light(s)
    Details
    • Parcel number: 97251
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    Condition
    • Year built: 1906

    Utilities & green energy

    • Electric: No Solar
    • Sewer: Public Sewer, Sump Pump
    • Water: Public
    • Utilities for property: Individual Electric Meter
    Green energy
    • Energy efficient items: Other

    Community & HOA

    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $1,265,097
    • Lease term: Month To Month
    • Total actual rent: 92736
    • Tenant pays: Gas, Other, Electric

    Price history

    DateEventPrice
    2/1/2021Sold$960,000-3.8%$315/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40929645 Report a problem
    12/17/2020Pending sale$998,000$327/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #40929645 Report a problem
    11/18/2020Listed for sale$998,000+353.6%$327/sqft
    Source: RED OAK REALTY #40929645 Report a problem
    12/13/2011Sold$220,000-25%$72/sqft
    Source: CCAR #40551223 Report a problem
    7/24/2008Sold$293,250-37.6%$96/sqft
    Source: Public Record Report a problem
    11/27/2002Sold$470,000+315.9%$154/sqft
    Source: Public Record Report a problem
    10/18/2000Sold$113,000+126%$37/sqft
    Source: Public Record Report a problem
    10/15/1999Sold$50,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,265,097 +2%
    2024$18,782 -4.8%$1,240,295 +2%
    2023$19,727 +22%$1,215,983 +24.2%
    2022$16,164 +184.8%$979,200 +283.6%
    2021$5,676 +1.2%$255,278 +1%
    2020$5,606 +8%$252,663 +2%
    2019$5,193 +8.1%$247,710 +2%
    2018$4,803 $242,855 +2%
    2017$4,803 +4.6%$238,094 +2%
    2016$4,592 -2.6%$233,425 +1.5%
    2015$4,713 $229,921 +2%
    2014$4,713 $225,418 +0.5%
    2013-- $224,400 +2%
    2012-- $220,000 -41.3%
    2011-- $375,000
    2010-- $375,000 +231.9%
    2001$2,399 $113,000
    Find assessor info on the county website

    Neighborhood: Hoover/Foster

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $985,500
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    Estimated market value
    $985,500