Property Overview:
5914 Martin Luther King Jr Way is a multi-family (duplex) home in Oakland, CA 94609, built in 1912. It features 3-4 bedrooms, 3 bathrooms, and 1,919 sq. ft. of living space on a 2,400 sq. ft. lot. The property includes a partial basement, garage, and classic architectural features like sliding pocket doors, formal dining room with original built-ins, and boxed beam ceilings. The home is being sold as-is and requires significant rehab/updates to all major systems.
- Estimated value: $786,700 – $904,325.
Neighborhood Highlights:
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Community:
- Bushrod neighborhood with 21,705 residents (0.1% growth since 2000).
- 47.1% families with children.
- Largest age group: 25-34 years (25.91%), followed by 35-44 years (17.67%).
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Crime Rate:
- Personal crime risk: 29.2% (higher than state average of 11.8%).
- Property crime risk: 24.2% (higher than state average of 10.8%).
- Relatively unsafe compared to state averages.
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Schools:
- Nearby: Sankofa United, Emery Secondary, Claremont Middle, Shelton’s Primary Education Center, American International Montessori School.
- Average SAT score: 776 (below state average of 975).
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Job Market:
- 60.3% white-collar jobs, 39.8% blue-collar jobs.
- Unemployment rate: 7.7% (higher than state average of 4.7%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Cost of Living:
- Median household income: $40,648.
- Average annual spending: $37,540.
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Weather:
- Average temperature: 43.9°F (January), 73.8°F (July).
- Average rainfall: 29.9 inches/year.
- Average snowfall: 0 inches/year.
Property Features:
- Duplex configuration with potential for rental income or conversion to single-family home.
- Classic 1912 architecture:
- Sliding pocket doors
- Formal dining room with original built-in cabinets
- Boxed beam ceilings
- Oak floors (some water damage, currently carpeted)
- Partial basement and garage space.
- All major systems need attention, upgrade, or replacement.
- Sold as-is; ideal for rehab buyers or flippers.
- Open house: Sundays, 2pm-4pm (September 17 & 23, 2023).
Location Benefits:
- Convenient access to Ashby BART, Bushrod Park, and nearby neighborhoods (Rockridge, Temescal, Emeryville, Berkeley).
- Close to amenities:
- Grocery stores: Aibian Market, A Market Pizza N Deli
- Coffee shops: The Grind On Market St, Alchemy Collective Cafe, Asmarina Cafe
- Restaurants: Lois the Pie Queen, Chen’s Garden, Easy Creole
- Parks nearby: Bushrod Park, Helen McGregor Plaza Park, Temescal Creek Park.