3246 Martin Luther King Jr Way, Oakland, CA, 94609
About This Home
This Oakland two-bedroom home (+ bonus in-law), 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 studio unit below the main home with its own 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. 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 studio for their family, or to rent to offset their mortgage, or a discerning investor looking for an excellent addition to their portfolio.
Getting Around
Very Walkable
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Existing
- Year built: 1922
Materials
- Foundation: Concrete
- Roof: Rolled/Hot Mop
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Range,Microwave,Range,Refrigerator,Dryer,Washer,Gas Water Heater
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
Features
- Formal Dining Room,In-Law Floorplan,Storage,Counter - Solid Surface,Updated Kitchen
- Flooring: Hardwood,Tile,Vinyl
- Number of fireplaces: 1
- Fireplace features: Decorative
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,048
- Total interior livable area: 1,048 sqft
Kitchen
- Features: Counter - Solid Surface,Dishwasher,Eat-in Kitchen,Gas Range/Cooktop,Kitchen Island,Microwave,Range/Oven Built-in,Refrigerator,Updated Kitchen
Property
Details
- Parcel number: 971631
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck,Porch,Porch Steps
- Exterior features: Storage,Low Maintenance
- Fencing: Fenced,Wood
Lot
- Lot size: 4,080 sqft
- Features: Level,Back Yard
Parking
- Total spaces: 7
- Parking features: Covered,Detached,Off Street,Parking Lot,Garage Faces Rear
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,382 | $40,584 |
| Home Insurance * | $116 | $1,392 |
| Property Taxes | $1,072 | $12,864 |
| Electricity | $398 | $4,786 |
| Total | $4,968 | $59,616 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $649,000 |
| 2026-06-05 | Listed for sale | $669,000 |
| 2008-10-17 | Sold | $230,000 |
| 2008-07-07 | Sold | $154,000 |
| 2004-06-24 | Sold | $350,000 |
| 2004-01-14 | Sold | $240,000 |
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