128 Catron Dr Oakland, CA 94603
Sobrante Park NeighborhoodEstimated payment $5,302/month
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
- Cul-De-Sac
About This Home
Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 5,879 Sq Ft Lot
- Cul-De-Sac
Home Design
- Quadruplex
- Shingle Roof
- Stucco
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Parking Lot
- Off-Street Parking
Utilities
- Wall Furnace
Community Details
- No Home Owners Association
- Brookfield Villg Subdivision
Listing and Financial Details
- Assessor Parcel Number 455419422
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,084 | $790,500 | $237,150 | $553,350 |
| 2024 | $11,084 | $568,904 | $170,671 | $398,233 |
| 2023 | $11,437 | $557,750 | $167,325 | $390,425 |
| 2022 | $10,883 | $546,814 | $164,044 | $382,770 |
| 2021 | $10,037 | $536,094 | $160,828 | $375,266 |
| 2020 | $9,915 | $530,600 | $159,180 | $371,420 |
| 2019 | $9,301 | $520,200 | $156,060 | $364,140 |
| 2018 | $9,102 | $510,000 | $153,000 | $357,000 |
| 2017 | $8,643 | $500,000 | $150,000 | $350,000 |
| 2016 | $4,022 | $169,008 | $50,702 | $118,306 |
| 2015 | $3,990 | $166,471 | $49,941 | $116,530 |
| 2014 | $4,149 | $163,211 | $48,963 | $114,248 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $849,999 | +9.7% | $280 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $775,000 | -- | -- | |
| 03/22/2024 03/22/24 | Sold | $775,000 | -3.0% | $255 / Sq Ft | View Prior Sale |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- | |
| 02/23/2024 02/23/24 | For Sale | $799,000 | -- | $263 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $775,000 | Chicago Title | |
| Grant Deed | -- | Consumers Title Co Of Ca | |
| Grant Deed | -- | None Available | |
| Grant Deed | $500,000 | North American Title Co Inc | |
| Grant Deed | -- | None Available | |
| Grant Deed | $602,000 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $155,000 | Chicago Title Company | |
| Grant Deed | $550,000 | Financial Title Company | |
| Grant Deed | $145,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $736,250 | New Conventional | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $577,500 | Construction | |
| Previous Owner | $440,000 | Purchase Money Mortgage | |
| Previous Owner | $116,000 | No Value Available |
Source: Bay East Association of REALTORS®
MLS Number: 41121191
APN: 045-5419-042-02
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Ask me questions while you tour the home.