NOT LISTED FOR SALE

Estimated Value: $1,217,101

7 Beds
3 Baths
3,516 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2025

Last sale price $1,175,000 $334 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,828 / mo

47 Days on Market

Highlights

  • Chain Of Lake Views
  • No HOA
  • Cooling Available
  • Wood Flooring
  • Fireplace
  • Zoned Heating

About This Home

As of January 2025

To access the marketing package, copy/paste: Oakland’s 127 E 16th Street is a 3,516 sq. ft. triplex divided into three, unique floor plans: 2BR/1.5BA, a 2BR/2BA, and a 3BR/1BA. In addition to being recently renovated, all three units come with high ceilings and large windows that allow natural light to pour in. Do note that two of the units will be delivered vacant, making this investment opportunity particularly desirable for buyers who want to own and occupy. Onsite laundry is included with this property, as is off-street parking, which is difficult to come by in the area. Geographically, the property sits at the southern end of Lake Merritt, one block from Pitman Green, six blocks from Peralta Park, and about eight blocks for Laney College. More importantly, 127 E 16th Street is around the corner from both Walgreens and Lucky, and less than a mile from the nearest BART station (Lake Merritt) and freeway (I-880). For buyers valuing convenience, comfort, and clean living, this is an opportunity that can’t be taken for granted.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 09/20/2024

Keller Williams Realty

Last Buyer's Agent

Natella Belicheva

Alpha Group Realty License #01367249

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 4,500 Sq Ft Lot
  • Garden

Home Design

  • Triplex
  • Frame Construction
  • Composition Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Asphalt

Interior Spaces

  • Fireplace
  • Chain Of Lake Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling Available
  • Zoned Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 201813

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

4,500 Sq Ft Lot

Listing Details

  • Year Built: 1907
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Directions: South on Lakeshore, left on E 16th
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout, Laminate
  • Appliances: Dryer, Washer
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Garden
  • View: Lake
  • Construction Type: Frame, Wood Siding, Asphalt, Shingles

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Space Per Unit - 1, On Street, Uncovered Park Spaces 2+, Street Parking

Utilities

  • Heating: Zoned, Fireplace(s)
  • Laundry Features: Dryer, In Unit, Washer, Washer/Dryer Hookups, Washer/Dryer Stacked Incl
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 4500
  • Parcel Number: 201813

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Jan 10, 2025
Sold by
Bought by
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Natella Belicheva
Alpha Group Realty
List Price
$1,100,000
Sold Price
$1,175,000
Premium/Discount to List
$75,000
6.82%
Views
33
Current Estimated Value
$1,217,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,101
Avg. Annual Appreciation
2.30%
Original Mortgage
$940,000
Outstanding Balance
$925,767
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$291,334

Purchase Details

Closed on
Aug 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
8.16%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,175,000 Fidelity National Title Compan
-- None Available
$380,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $940,000
Previous Owner $499,300
Previous Owner $304,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,250,000 -- --
01/13/2025 01/13/25 Sold $1,175,000 -6.0% $334 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $1,250,000 +13.6% $356 / Sq Ft
09/20/2024 09/20/24 For Sale $1,100,000 -- $313 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,517 $1,198,500 $362,100 $836,400
2025 $12,971 $799,799 $171,767 $628,032
2024 $12,971 $784,118 $168,399 $615,719
2023 $13,540 $768,747 $165,098 $603,649
2022 $13,049 $753,676 $161,861 $591,815
2021 $12,558 $738,900 $158,688 $580,212
2020 $12,295 $731,325 $157,061 $574,264
2019 $11,606 $716,989 $153,982 $563,007
2018 $11,363 $702,933 $150,963 $551,970
2017 $10,876 $689,153 $148,003 $541,150
2016 $10,453 $675,644 $145,102 $530,542
2015 $10,848 $665,501 $142,924 $522,577
2014 $11,200 $652,468 $140,125 $512,343
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 41073855

bridgeMLS

APN: 020-0181-003-00

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