5914 Martin Luther King Jr Way, Oakland, California 94609, Oakland, 94609 - 4 bed, 3 bath
5914 Martin Luther King Jr Way
Oakland, California 94609
Property Price
SUMMARY
Analysis of 5914 Martin Luther King Jr Way, Oakland, California 94609 reveals a property with a current list price of $919,000, which is 8% above the estimated $840,988 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5914 Martin Luther King Jr Way Subject | $919,000* List Price | 4 | 3 | 1,919 | $438 | - |
A 688 688 57th St Active | $949,000 List Price | 3 | 3 | 1,565 | $606 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1912, this property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('Newly Renovated Craftsman Home', 'large brand new kitchen features new appliances', 'brand-new washer and dryer, HVAC system, roof and tankless water heater'). The images confirm the pristine condition of the interior, showcasing a modern kitchen with new stainless steel appliances, updated bathrooms with contemporary fixtures and tiling, new hardwood flooring, and modern light fixtures throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Renovations
The home is truly move-in ready, featuring brand-new washer and dryer, HVAC system, roof, and tankless water heater, significantly reducing immediate buyer expenses and maintenance concerns.
- Desirable Layout & Modern Kitchen
Offers an ideal, seamless flow between spacious living and dining areas, complemented by a large, brand-new kitchen with new appliances, perfect for entertaining and family life.
- Flexible Living Spaces
Includes two bedrooms and a full bath on the first floor for versatility, and an oversized fourth bedroom upstairs suitable for a home office or creative space, catering to diverse needs.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2400, living area = 1919.
- Small Lot Size
The lot size of 2400 sq ft is relatively small for a 1919 sq ft home, potentially limiting outdoor living space and future expansion possibilities.
- Back on Market Status
The property being 'Back on market again' might raise questions for potential buyers regarding previous transaction issues or reasons for not selling, despite the 'much improved' price.
About 5914 Martin Luther King Jr Way
Charming, Newly Renovated Craftsman Home – Back on market again and the price is much improved! Spanning 1,919 sq ft, this 4-bedroom, 3-bathroom gem offers an ideal layout for comfortable living and entertaining. The spacious living and dining areas flow seamlessly, creating a warm and inviting space. The large brand new kitchen features new appliances, perfect for family meals and hosting gatherings. On the first floor, you’ll find two well-sized bedrooms and a full bath, offering flexibility and ease of access. Upstairs, the primary suite is a true retreat, complete with a walk-in closet and a spa-like en-suite bath. The fourth bedroom is oversized and filled with natural light, perfect as a bedroom, home office, or creative space. This home is truly move-in ready, with brand-new washer and dryer, HVAC system, roof and tankless water heater — all thoughtfully updated for modern comfort. Located in Bushrod neighborhood, you’ll enjoy easy access to Ashby BART, Bushrod Park, and the vibrant nearby communities of Rockridge, Temescal, Emeryville, and Berkeley.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 2,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,919 | 1,329 | 78% |
| Lot Size | 2,400 | 3,876 | 3% |
| Price | $919.0K | $1.22M | 30% |
| Price per sq ft | $479 | $785 | 11% |
| Built year | 1912 | 1912 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 165 | 14% |
Pricing History
Listed for Sale
Jan 8, 2026
$919,000
Initial Listing