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3840 Martin Luther King Jr Way

Oakland, CA 94609

4 bd 2 ba 1,676 sqft Built 1906 Lot 2,803 sqft multi_family
Most recent sale
$880,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 24, 2024 Listed for rent $2,325 Zumper
Aug 23, 2024 Price changed for rent $2,325 Zumper
Aug 1, 2024 Listed for rent $2,420 Zumper
Jul 20, 2022 Sold $880,000 MLS #40990678
Jun 6, 2022 Price changed $849,000 MLS #40990678
May 12, 2022 Price changed $924,000 MLS #40990678
Apr 28, 2022 Listed $988,000 MLS #40990678
Jan 8, 2020 Sold $912,000 MLS #40887282
Sep 20, 2018 Listing removed $850,000 ContraCosta
Jun 3, 2018 Listing removed $850,000 ContraCosta
May 17, 2018 Listed $850,000 MLS #40821189
Jan 6, 2017 Listing removed $750,000 ContraCosta
Jun 13, 2016 Relisted $750,000 MLS #40724510
Mar 16, 2016 Listing removed $750,000 ContraCosta
Dec 23, 2015 Listed $750,000 MLS #40724510
Aug 5, 2008 Listing removed $640,000 ContraCosta
Mar 3, 2008 Listed $640,000 MLS #40327662
Oct 16, 2006 Listing removed $549,000 ContraCosta
Apr 11, 2006 Listed $549,000 MLS #40157117
May 9, 2005 Sold $469,000 Public Record
Aug 14, 2002 Sold $326,000 Public Record
Apr 30, 1993 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $645,013 $276,434 $921,447 $14,398
2020 $418,405 $179,316 $597,721 $9,827
2019 $410,204 $175,801 $586,005 $9,413
2018 $402,164 $172,356 $574,520 $9,217
2017 $394,281 $168,977 $563,258 $8,845
2016 $386,553 $165,665 $552,218 $8,559
2015 $245,000 $105,000 $350,000 $5,865
2014 $203,000 $87,000 $290,000 $5,672
2013 $143,500 $61,500 $205,000 $3,955
2012 $136,500 $58,500 $195,000 $3,723
2010 $151,900 $65,100 $217,000 $3,835
2008 $348,391 $149,310 $497,701 $7,495

Property facts

Year built
1906
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,676 sqft
Lot size
2,803 sqft
ZIP code
94609
City
Oakland
Street
Martin Luther King Jr Way
Coordinates
37.82793, -122.26859

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,363
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value

Frequently asked questions

When did 3840 Martin Luther King Jr Way last sell?
3840 Martin Luther King Jr Way most recently sold on Jul 20, 2022 for $880,000.
What is the current tax assessment for 3840 Martin Luther King Jr Way?
The most recent total assessment for 3840 Martin Luther King Jr Way (year 2021) is $921,447 with $14,398 in property tax.
How does 3840 Martin Luther King Jr Way's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $880,000.
When was 3840 Martin Luther King Jr Way built?
3840 Martin Luther King Jr Way was built in 1906.
How does 3840 Martin Luther King Jr Way compare to others on Martin Luther King Jr Way?
We track 8 other properties on Martin Luther King Jr Way. Browse the list under "Other properties on Martin Luther King Jr Way" to compare beds, baths, and sale history.
What are the property facts for 3840 Martin Luther King Jr Way?
3840 Martin Luther King Jr Way is a 4 bed, 2 bath, 1,676 sqft, 2,803 sqft lot multi_family.
Is 3840 Martin Luther King Jr Way a flip candidate?
No — 3840 Martin Luther King Jr Way does not appear in our flips dataset.
Is 3840 Martin Luther King Jr Way a tax-appeal candidate?
No — 3840 Martin Luther King Jr Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$1.36M
2026 Q4
$1.38M
ZIP 94609 — Median Price History + Forecast

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