NOT LISTED FOR SALE

3001 Martin Luther King jr Way Oakland, CA 94609

Hoover-Foster Neighborhood

Estimated Value: $943,000 - $1,101,000

7 Beds
4 Baths
3,492 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2022

Last sale price $1,080,000 $309 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,773 / mo

43 Days on Market

Highlights

  • No HOA
  • No Heating
  • 2-minute walk to Durant Mini Park
  • Garage

About This Home

As of December 2022

-664 30th St also listed for sale. Properties can be purchased together or seperately. -100% Vacant fourplex listed for sale. Projected 7.38% CAP Rate achievable day 1 once units are rented at market. -Diverse unit mix featuring (3) 2BR/1BA units and (1) 1BR/1BA unit -All units delivered vacant creating the perfect opportunity for buyers to occupy one unit and rent out the other units. -Quick commute to neighboring Bay Area employment hubs including San Francisco, Berkeley, and the Peninsula -Closely located to recreational activities including Lake Merritt and every activity downtown Oakland has to offer, making it the perfect place for people of all ages.

Last Agent to Sell the Property

Robert Dau

Capstone Real Estate Advisors License #01992248 Listed on: 07/25/2022

Last Buyer's Agent

Robert Dau

Capstone Real Estate Advisors License #01992248 Listed on: 07/25/2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,779

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • No Garage

Additional Features

  • 4,779 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 3,492 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

4,779 Sq Ft Lot

Listing Details

  • Year Built: 1912
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: MLK
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 7

Exterior Features

  • Lot Features: None
  • Construction Type: None
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: None
  • Utilities: No Water/Sewer
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4779
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Bought by
Current Estimated Value
$1,041,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,381,615
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$340,160

Purchase Details

Closed on
Mar 29, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,381,615
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$340,160

Purchase Details

Closed on
Nov 22, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,250
Interest Rate
7.31%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 5, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hoover-Foster, CA

  • Varnell Owens Real Estate Agent - Better Homes Realty

    Varnell Owens

    Better Homes Realty

    (650) 449-4167

    60 Total Sales

    2 in Hoover-Foster

    $580,000 Price Range

    Varnell Owens
     Section Image
  • John Kirkish Real Estate Agent - Flat Rate Realty

    John Kirkish

    Flat Rate Realty

    (510) 680-2538

    37 Total Sales

    1 in Hoover-Foster

    $951,000 Price

    John Kirkish
     Section Image
  • Yovany Acosta Real Estate Agent - Garin Real Estate

    Yovany Acosta

    Garin Real Estate

    (650) 733-2788

    116 Total Sales

    1 in Hoover-Foster

    $614,000 Price

    Yovany Acosta
     Section Image
  • David Juarez Real Estate Agent - Compass

    David Juarez

    Responds Quickly

    Compass

    (628) 201-6902

    90 Total Sales

    1 in Hoover-Foster

    $739,000 Price

    David Juarez
     Section Image
  • Westin Means Real Estate Agent - eXp Realty of California

    Westin Means

    eXp Realty of California

    (510) 853-6907

    28 Total Sales

    2 in Hoover-Foster

    $830K - $920K Price Range

    Westin Means
     Section Image
  • Logene Butler Real Estate Agent - Bhg Re Reliance Partners

    Logene Butler

    Bhg Re Reliance Partners

    (510) 800-8093

    22 Total Sales

    2 in Hoover-Foster

    $875,000 Price Range

    Logene Butler
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- First American Title
-- None Listed On Document
$1,080,000 Chicago Title
$255,000 Servicelink
$479,629 None Available
$58,500 North American Title
$71,500 Fidelity National Title Ins
$135,354 Fidelity National Title Ins
$46,910 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,400,000
Previous Owner $1,181,250
Previous Owner $810,000
Previous Owner $429,000
Previous Owner $20,000
Previous Owner $408,750
Previous Owner $236,000
Previous Owner $60,000
Previous Owner $148,750
Previous Owner $10,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,080,000 -- --
12/22/2022 12/22/22 Sold $1,080,000 -1.4% $309 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $1,095,000 -8.4% $314 / Sq Ft
07/25/2022 07/25/22 For Sale $1,195,000 -- $342 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $24,574 $1,146,095 $343,828 $802,267
2025 $24,574 $1,123,631 $337,089 $786,542
2024 $20,006 $1,101,600 $330,480 $771,120
2023 $18,527 $1,080,000 $324,000 $756,000
2022 $7,522 $307,843 $92,353 $215,490
2021 $6,750 $301,807 $90,542 $211,265
2020 $6,664 $298,714 $89,614 $209,100
2019 $6,127 $292,858 $87,857 $205,001
2018 $5,998 $287,118 $86,135 $200,983
2017 $5,641 $281,491 $84,447 $197,044
2016 $5,414 $275,973 $82,792 $193,181
2015 $5,378 $271,830 $81,549 $190,281
2014 $5,634 $266,504 $79,951 $186,553
Source: Public Records

Agents Affiliated with this Home

  • Robert Dau Real Estate Agent - Capstone Real Estate Advisors

    Seller's Agent in 2022

    Robert Dau

    Capstone Real Estate Advisors

    (415) 489-1839

    2 in this area

    8 Total Sales

    Robert Dau
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41002952

Bay East Association of REALTORS®

APN: 009-0709-006-00

California Alameda County Oakland 94609 Hoover-Foster

3001 Martin Luther King jr Way, Oakland, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay East Association of REALTORS® Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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