NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,239,443

8 Beds
6 Baths
3,550 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $1,215,000 $342 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,931/month

13 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Side Yard

About This Home

As of June 2020

RARE FIND investment opportunity with high rental income! Fourplex with identical floor plans. Three units occupied by great tenants. One unit is VACANT with updated kitchen, bathrooms, freshly painted and newly installed carpets. Four assigned parking spaces. $105,600 projected annual gross income. Each units are on their own separate gas/electricity/water meters. Conveniently located near shops, grocery stores, transportation, BART, schools, parks, freeway 580 & 880. This may be the perfect first dip into income property ownership or a great addition to a real estate portfolio.

Last Agent to Sell the Property

Vivie Feng

Calnet Real Estate Solutions Inc License #01711724 Listed on: 05/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,332

Year Built

  • Built in 1960

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Sloped Up
  • Side Yard

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 8 Bedrooms
  • 3,550 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement
  • Laundry in unit

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Parking

  • 1 Parking Space Included
  • Side or Rear Entrance to Parking

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,332

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Co List Office Mls Id: OBOCLRS
  • Directions: 14th Ave. to E 24th St.
  • Special Features: VirtualTour
  • Year Built: 1960

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Side Yard Access, Space Per Unit - 1

Utilities

  • Laundry Features: In Unit
  • Cooling: No Air Conditioning
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR

Schools

  • Junior High Dist: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 5097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 8, 2020
Sold by
Vong Rong Fen
Bought by
Vong Kahou
Seller's Agent
Vivie Feng
Calnet Real Estate Solutions Inc
List Price
$1,098,000
Sold Price
$1,215,000
Premium/Discount to List
$117,000
10.66%
Current Estimated Value
$1,153,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,389
Avg. Annual Appreciation
-0.98%
Original Mortgage
$200,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2016
Sold by
Chan Florence L and Chan Florence Lai Wah
Bought by
Wu Calvin and Chan Florence L

Purchase Details

Closed on
Jun 13, 2005
Sold by
Chan Kit Yue and Chan Florence Lai Wah
Bought by
Chan Florence Lai Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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
Vong Kahou -- Chicago Title Company
Vong Kahou $1,215,000 Chicago Title Company
Wu Calvin -- None Available
Chan Florence Lai Wah -- Alliance Title Company
Chan Florence Lai Wah -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vong Kahou $900,000
Closed Vong Kahou $200,000
Closed Vong Kahou $700,000
Previous Owner Chan Florence Lai Wah $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $1,215,000 +10.7% $342 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $1,098,000 -- $309 / Sq Ft
Source: bridgeMLS

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 $20,332 $1,328,760 $398,628 $930,132
2024 $20,332 $1,302,710 $390,813 $911,897
2023 $21,309 $1,277,171 $383,151 $894,020
2022 $20,596 $1,252,130 $375,639 $876,491
2021 $19,539 $1,227,587 $368,276 $859,311
2020 $8,038 $393,959 $118,222 $275,737
2019 $7,468 $386,235 $115,904 $270,331
2018 $7,308 $378,662 $113,631 $265,031
2017 $6,906 $371,239 $111,404 $259,835
2016 $6,655 $363,961 $109,220 $254,741
2015 $7,058 $358,494 $107,579 $250,915
2014 $6,856 $351,473 $105,472 $246,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40904745

bridgeMLS

APN: 022-0329-017-00