NOT LISTED FOR SALE

Estimated Value: $890,000 - $1,269,000

6 Beds
3 Baths
3,055 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $890,000 $291 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,339/month

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of November 2023

Discover this Highland Park Triplex-a great investment opportunity with an updated Owners' Unit ready for move-in. Each of the 3 units features 2 beds, 1 bath, and a generous living space w approx 1,000SF. Convenience is paramount w each unit offering a 1-car attached garage w storage and an off-street parking spot. The Owners' Unit is includes a bonus room and washer/dryer hookups. Recent upgrades include fresh paint, a new bathroom, new kitchen flooring, new cabinets, and elegant quartz countertops. All units are individually metered, providing convenience and flexibility. A communal backyard offers a shared outdoor space for residents to enjoy. With long-term, on-time, and low-maintenance tenants in place, this triplex offers a hassle-free investment opportunity. The location is unbeatable, across from the Highland Hospital Medical Campus and just minutes away from the scenic Lake Merritt and vibrant downtown Oakland. Don't miss out on this Highland Park Triplex!!

Last Agent to Sell the Property

Lawrence Ko

eXp Realty of California Inc License #01372447 Listed on: 09/08/2023

eXp Realty of California Inc

Last Buyer's Agent

Nkosi Groover

eXp Realty of California License #02147452

eXp Realty of California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,227

Year Built

  • 1955

Lot Details

  • 5,001

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,055 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Window Bars
  • Washer and Dryer

Flooring

  • Wood
  • Laminate
  • Tile

Additional Features

  • 5,001 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $50,400
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,227

Year Built

1955

Lot Details

0

Parking

3

Listing Details

  • Zoning: 3
  • Subclass: Triplex
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3055
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Varies By Unit
  • Living Sq Ft: 3055
  • Stories: 2
  • Security: Window Bars
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 17.86
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 50400.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 21, 2023
Sold by
Wong Kenny Ngiu and Wong Kwan Fong
Bought by
Ramsubick Chanelle
Seller's Agent
Lawrence Ko
eXp Realty of California Inc
Buyer's Agent
Nkosi Groover
eXp Realty of California
List Price
$900,000
Sold Price
$890,000
Premium/Discount to List
-$10,000
-1.11%
Views
67
Current Estimated Value
$941,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,333
Avg. Annual Appreciation
4.11%
Original Mortgage
$990,000
Outstanding Balance
$977,984
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
-$24,984

Purchase Details

Closed on
Apr 4, 2003
Sold by
Lahip Delacuesta Andres D and Lahip Delacuesta Herminia
Bought by
Lahip Delacuesta Andres D and Lahip Delacuesta Herminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 1994
Sold by
Delacuesta Andres D and Delacuesta Hereminia L
Bought by
Wong Kwan Fong and Wong Ngiu Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
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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
Ramsubick Chanelle $890,000 Fidelity National Title Compan
Lahip Delacuesta Andres D -- --
Wong Kwan Fong $190,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsubick Chanelle $990,000
Previous Owner Wong Kenny Ngiu $350,000
Previous Owner Wong Kenny Ngiu $198,000
Previous Owner Wong Kwan Fong $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $890,000 -1.1% $291 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $900,000 -- $295 / Sq Ft
Source: MLSListings

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 $14,227 $900,800 $272,340 $635,460
2024 $14,227 $883,000 $267,000 $623,000
2023 $7,165 $310,385 $93,115 $217,270
2022 $6,774 $297,300 $91,290 $213,010
2021 $6,172 $291,333 $89,500 $208,833
2020 $6,096 $295,274 $88,582 $206,692
2019 $5,669 $289,485 $86,845 $202,640
2018 $5,550 $283,810 $85,143 $198,667
2017 $5,251 $278,247 $83,474 $194,773
2016 $5,030 $272,791 $81,837 $190,954
2015 $4,996 $268,695 $80,608 $188,087
2014 $5,159 $263,432 $79,029 $184,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941215

MLSListings

APN: 022-0379-018-00