Seller's Agent in 2021
Keith Manson
Cushman & Wakefield
(415) 244-6300
1 in this area
39 Total Sales
150 11th St Oakland, CA 94607
Chinatown Neighborhood
5
Beds
--
Bath
6,052
Sq Ft
1,751
Sq Ft Lot
Highlights
- Engineered Wood Flooring
- 4-minute walk to Lake Merritt Station
- No HOA
- Lincoln Elementary School Rated 9+
- Corner Lot
- 4-minute walk to Lincoln Square Park
About This Home
As of September 2021150 11th Street is an 8-unit value-add apartment building located in Downtown Oakland, just 3 blocks from Lake Merritt BART Station & 3 blocks from Lake Merritt. This 6,052 SF, 1907 vintage asset is comprised of a unit mix of 1 X 1-bed, 1-bath unit & 7 X 2-bed, 1-bath units. There is an opportunity to make upgrades to units and achieve market rents. The property has also recently been repainted & a new fire alarm system has been installed. The property has solid in-place rents and there is potential to stabilize the asset & generate fantastic cash flow in a core Downtown Oakland location. The property features a 97 Walk Score, a 89 Bike Score and a 88 Transit Score and has been designated as a Walker's Paradise, Very Bikeable & has Excellent Transit per WalkScore.com. The Property is surrounded by eclectic mix of dining, shopping and entertainment options in Downtown Oakland, Old Oakland, Uptown Oakland, & Jack London Square.
Last Agent to Sell the Property
Cushman & Wakefield License #DRE #01490046 Listed on: 06/03/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1907
Lot Details
- 1,750 Sq Ft Lot
- Corner Lot
- Zero Lot Line
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Slab Foundation
- Frame Construction
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 6,052 Sq Ft Home
- 4-Story Property
- Engineered Wood Flooring
- Fire and Smoke Detector
Kitchen
- Built-In Electric Oven
- Free-Standing Electric Oven
- Free-Standing Electric Range
Utilities
- Heating System Uses Gas
- Wall Furnace
- Separate Meters
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 002-0081-005
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Coin Laundry
Building Details
- 2 Leased Units
- 6 Vacant Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2021 09/01/21 | Sold | $2,200,000 | -9.3% | $364 / Sq Ft |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $2,425,000 | -- | $401 / Sq Ft |
Source: San Francisco Association of REALTORS®
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 | $37,814 | $2,330,819 | $795,900 | $1,534,919 |
| 2024 | $37,814 | $2,285,134 | $780,300 | $1,504,834 |
| 2023 | $39,417 | $2,240,328 | $765,000 | $1,475,328 |
| 2022 | $37,986 | $2,196,400 | $750,000 | $1,446,400 |
| 2021 | $12,041 | $411,547 | $128,781 | $282,766 |
| 2020 | $10,034 | $410,972 | $127,460 | $283,512 |
| 2019 | $9,022 | $402,986 | $124,961 | $278,025 |
| 2018 | $8,801 | $393,316 | $122,511 | $270,805 |
| 2017 | $8,171 | $385,641 | $120,110 | $265,531 |
| 2016 | $7,893 | $377,834 | $117,755 | $260,079 |
| 2015 | $7,836 | $372,183 | $115,987 | $256,196 |
| 2014 | $8,214 | $364,924 | $113,715 | $251,209 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Manson
-
Zachary Greenwood
Seller Co-Listing Agent in 2021
Zachary Greenwood
Cushman & Wakefield
(559) 930-1770
1 in this area
34 Total Sales
-
Timothy Warren
Buyer's Agent in 2021
Timothy Warren
NAI Northern California
(510) 336-4719
1 in this area
43 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 421559466
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