3246 MLK Jr. Way, Oakland, CA 94609
3246 MLK Jr. Way, Oakland, CA 94609
Property Description
This Oakland home, brimming with style and updates, awaits a new owner. Step through the entry and discover a spacious light-filled living room, a formal dining room with gorgeous built-in cabinetry and hearth, as well as two bedrooms, all with hardwood floors throughout. Along with the Jack-and-Jill full bathroom with updated shower stall, discover the half-bath tucked away in the rear of the floor plan for added utility. The large kitchen is renovated with solid-surface eye-catching red countertops, island, newer appliances, and recessed lighting. Find a vacant, cozy in-law unit below the main home with its own bedroom, kitchen, and full bathroom, perfect for an independent family member or some helpful rental income. Above the in-law unit, find a back deck and seating area and stairs down to the large, paved low maintenance backyard and expansive 3-car garage. Great ADU potential here! Long, private, gated driveway offers even more off-street parking! This home also features a partially finished basement with laundry area and washer & dryer, and lots of space for storage and/or workspace. Centrally located just blocks from major freeways and BART, this stylish home is ready to welcome a new owner occupant who could use the in-law for their family, or to rent to offset their mortgage, or a discerning investor looking for an excellent addition to their portfolio.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Oakland · Single Family Residence
Listed 55.6% below the median closed sale of $1,350,000. Price per sqft ($448) is a 46% discount to closed comps ($834). Closed comps sold at 125% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1480 77Th Ave | Oakland | 1923 | 3 | 2 | 1,060 | 3,350 | $460 | $488,000 | 9 | 83 |
| 4828 Webster St | Oakland | 1912 | 3 | 2 | 1,048 | 4,000 | $859 | $900,000 | 19 | 82 |
| 2764 78th Ave | Oakland | 1923 | 3 | 2 | 1,059 | 3,724 | $470 | $498,000 | 128 | 82 |
| 3240 Logan St | Oakland | 1920 | 3 | 2 | 1,081 | 7,128 | $731 | $790,000 | 63 | 80 |
| 981 60Th St | Oakland | 1921 | 2 | 1 | 1,058 | 3,540 | $755 | $799,000 | 17 | 77 |
| Total: 5 · Average | 2.8 | 1.8 | 1,061.2 | 4,348.4 | $655 | $695,000 | 47.2 | |||
| Median | 1,059 | $790,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1240 Bates Rd | Oakland | 1924 | 10/02/2026 | 3 | 2 | 1,304 | 3,264 | $988,000 | $1.36M | $1,043 | 1.38 | 20 | 90 |
| 3214 Stuart St | Oakland | 1910 | 10/09/2026 | 3 | 3 | 1,262 | 2,925 | $699,000 | $690,000 | $547 | 0.99 | 92 | 89 |
| 820 Prospect Ave | Oakland | 1921 | 10/09/2026 | 3 | 2 | 1,405 | 5,500 | $998,000 | $1.48M | $1,053 | 1.48 | 27 | 89 |
| 3440 68Th Ave | Oakland | 1920 | 10/05/2026 | 3 | 2 | 1,246 | 5,282 | $639,000 | $660,000 | $530 | 1.03 | 64 | 88 |
| 571 Athol | Oakland | 1924 | 09/28/2026 | 2 | 2 | 1,356 | 5,000 | $998,000 | $1.35M | $996 | 1.35 | 28 | 86 |
| Total: 5 · Average | 2.8 | 2.2 | 1,314.6 | 4,394.2 | $1.11M | $1.11M | $833.8 | — | 46.2 | ||||
| Median | 1,304 | $1.35M | $1.35M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.