
Oakland, California 94609
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,025,000—positioned above the $947,420 Fair Market Value. While the property requires significant TLC, its Condition Rating of 4 and 2,697 sqft layout offer substantial value-add potential. Featuring Granite Countertops and a large 4,500 sqft lot, this asset is situated in a high-growth Oakland corridor. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the area's ongoing revitalization and long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3869 Martin Luther King Jr. Way Subject | $1,025,000* List Price | 0 | 0 | 2,697 | $351 | - |
A 717 717 Brockhurst St Sold | $725,000 | 0 | 0 | 2,218 | $327 | 0.5 mi |
B 707 Aileen St Sold | $1,260,000 | 0 | 0 | 3,408 | $370 | 0.9 mi |
C 367 41st St Sold | $1,200,000 | 0 | 0 | 3,514 | $341 | 0.6 mi |
D 3867 Martin Luther King Jr Way Active | $1,025,000 List Price | 0 | 0 | 2,823 | $363 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, the property shows signs of a renovation likely performed 15-20 years ago, featuring granite countertops and hardwood flooring. However, the listing explicitly states the home 'requires TLC' and is an ideal opportunity for renovation, suggesting that while functional, the systems and finishes are dated and need updates to meet modern standards.
Situated in a rapidly revitalizing area of Oakland with significant ongoing construction, offering strong potential for long-term capital appreciation and neighborhood desirability.
This 2,697 sqft duplex features a high bedroom count (7 total across two units), providing substantial rental income opportunities in a competitive residential income market.
The property includes a spacious 4,500 sqft lot and a functional layout that allows for significant customization, renovation, and potential expansion to maximize investment returns.
The property is explicitly noted as needing 'TLC,' indicating that buyers must budget for significant upfront capital expenditures to address deferred maintenance and modernization.
With over 90 days on the market, the property may face challenges regarding perceived value or buyer hesitation concerning the extent of necessary improvements relative to the list price.
Excellent opportunity to own a duplex located in an area experiencing significant growth and revitalization. Extensive ongoing construction and surrounding neighborhood improvements may substantially enhance the property’s future value, desirability, and long-term investment potential. The continued development throughout the area reflects a strengthening market and renewed community investment. Unit 3869 features four bedrooms and one bathroom with a functional layout and strong upside potential. Interior features include hard-surface flooring, a comfortable living room, a dedicated laundry area, and a kitchen with granite countertops and tile finishes. Unit 3871 offers three bedrooms and one bathroom with hard-surface flooring, tile flooring, and a kitchen featuring granite countertops. The property also offers a spacious backyard with plenty of room for entertaining, outdoor enjoyment, storage, or future possibilities. The property does require TLC, making it an ideal opportunity for investors, contractors, or buyers looking to renovate and add value. With its large lot, desirable layout, and location within an improving neighborhood, this duplex presents endless possibilities for future growth and customization.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades PK-5 • 1.3 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,697 | 2,530.25 |
| Lot Size | 4,500 | 4,390.625 |
| Price | $1.02M | $918.2K |
| Price per sq ft | $380 | $343 |
| Built year | 1906 | 1921 |
| HOA | $0 | $0 |
| Days on market | 113 | 66 |
May 19, 2026
$1,025,000
Initial Listing
Mar 6, 2018
$1,250,000
Public Record