NOT LISTED FOR SALE

Estimated Value: $841,000 - $1,183,000

4 Beds
4 Baths
1,760 Sq Ft
$592/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,270,000 $722 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $7,389/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Oakland Technical High School Rated A
  • Rectangular Lot
  • Wall Furnace

About This Home

As of October 2021

Welcome to 1046 60th Street, this is an amazing investment opportunity located on the Oakland/Berkeley border. Four units with careful attention to detail, have been thoughtfully updated to incorporate both functionality and flow, including separate parking and storage, not to mention the owners unit outdoor patio area led by french doors. Upon entering all four units, you will quickly take note of the vast amount of natural light, new flooring, updated kitchen, bathrooms, and new interior paint throughout. Additionally, all units come with their own separately metered gas and electricity, which is perfect for an investor. Walking distance to BART, great accessibility to shops, The University of California, freeway access, Bay Street Emeryville, and Children's Hospital, you'll have no problem occupying each unit. This is a once in a lifetime opportunity!

Last Agent to Sell the Property

Jerry Beverly

Compass License #01957422 Listed on: 09/10/2021

Compass

Last Buyer's Agent

DAVID LAO

Exp Realty Of California License #02026279

Exp Realty Of California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,505

Year Built

  • Built in 1948

Lot Details

  • 5,000 Sq Ft Lot
  • Rectangular Lot
  • Front Yard

Home Design

  • Quadruplex
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 1,760 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,505

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: San Pablo Ave to 60th St
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Carpet
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level, Regular
  • Construction Type: Wood Siding
  • Exterior Features: Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, On Street, Street Parking

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 26, 2021
Sold by
Smith Salayfo and Gaskin Taimai
Bought by
Lee Darren
Seller's Agent
Jerry Beverly
Compass
Buyer's Agent
DAVID LAO
Exp Realty Of California
List Price
$1,100,000
Sold Price
$1,270,000
Premium/Discount to List
$170,000
15.45%
Current Estimated Value
$1,042,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$227,624
Avg. Annual Appreciation
-5.03%
Original Mortgage
$952,500
Outstanding Balance
$872,352
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$170,024

Purchase Details

Closed on
Apr 23, 2021
Sold by
Smith Salayfo
Bought by
Smith Salayfo and Gaskin Talmai

Purchase Details

Closed on
Nov 16, 2020
Sold by
Smith Rudolph Bernard and Rudolph Bernard Smith 2003 Tru
Bought by
Smith Salayfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2017
Sold by
Smith Rudolph B and Smith 1984 Survivors Trust
Bought by
Smith Rudolph Bernard and Rudolph Bernard Smith 2003 Tru

Purchase Details

Closed on
May 19, 2004
Sold by
Smith Blanche N and Smith Rudolph B
Bought by
Smith Blanche N and Smith Rudolph B
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Darren $1,270,000 Chicago Title Company
Smith Salayfo $100,000 None Available
Smith Salayfo $665,000 Old Republic Title Company
Smith Rudolph Bernard -- None Available
Smith Blanche N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Darren $952,500
Previous Owner Smith Salayfo $498,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,270,000 -- --
10/29/2021 10/29/21 Sold $1,270,000 +15.5% $722 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,100,000 -- $625 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $20,505 $1,347,723 $404,317 $943,406
2024 $20,505 $1,321,307 $396,392 $924,915
2023 $21,504 $1,295,400 $388,620 $906,780
2022 $20,793 $1,270,000 $381,000 $889,000
2021 $3,587 $665,000 $332,500 $332,500
2020 $3,536 $69,383 $16,362 $53,021
2019 $3,071 $68,022 $16,041 $51,981
2018 $3,007 $66,688 $15,726 $50,962
2017 $2,747 $65,381 $15,418 $49,963
2016 $2,573 $64,099 $15,116 $48,983
2015 $2,550 $63,137 $14,889 $48,248
2014 $2,714 $61,900 $14,597 $47,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40966589

Bay East Association of REALTORS®

APN: 015-1338-015-01