D
Seller's Agent in 2021
David Howarth
Bay East Aor
Estimated Value: $1,153,000 - $1,561,000
Stunning 4-unit apartment complex in Ivy Hill behind Lake Merritt consisting of four spacious 2bd/1bth units with excellent rental upside and views. The current owners invested heavily into the building and recent upgrades include fully remodeled units, new stucco, new double pane windows, a new electrical system, custom tile, and much more. Currently there is one vacant unit that's perfect for an owner occupant. The property is separately metered for PG&E, easy to manage, has friendly tenants, and low annual operating expenses. The property sits on an oversized 9,000 square foot lot and offers the possibility to develop. This is a perfect opportunity for an investor or owner-occupant who wants strong current cash flow and huge rental upside.
Last Agent to Sell the Property
David Howarth
Bay East Aor License #01360348 Listed on: 04/09/2021
Last Buyer's Agent
David Howarth
Bay East Aor License #01360348 Listed on: 04/09/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Optimum Vigor Development Llc | $1,480,000 | Chicago Title Company | |
| Thien Nguyen Minh Tam | -- | None Available | |
| Nguyen Minh Tam Thien | $850,000 | Old Republic Title Company | |
| Nguyen Ngoc | -- | Wfg Title Company Of Califor | |
| Vannguyen Ngoc | -- | First American Title Co | |
| Vannguyen Ngoc Van | $250,000 | First American Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Optimum Vigor Development Llc | $1,480,000 | |
| Previous Owner | Nguyen Ngoc | $344,000 | |
| Previous Owner | Vannguyen Ngoc | $336,000 | |
| Previous Owner | Vannguyen Ngoc Van | $200,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,480,000 | -- | -- |
| 05/07/2021 05/07/21 | Sold | $1,480,000 | +23.4% | $482 / Sq Ft |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $1,199,000 | -- | $390 / Sq Ft |
| 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 | $26,744 | $1,601,981 | $480,594 | $1,121,387 |
| 2024 | $26,744 | $1,570,575 | $471,172 | $1,099,403 |
| 2023 | $25,036 | $1,539,791 | $461,937 | $1,077,854 |
| 2022 | $24,142 | $1,509,600 | $452,880 | $1,056,720 |
| 2021 | $15,115 | $905,618 | $268,048 | $637,570 |
| 2020 | $14,774 | $884,340 | $265,302 | $619,038 |
| 2019 | $14,048 | $867,000 | $260,100 | $606,900 |
| 2018 | $13,749 | $850,000 | $255,000 | $595,000 |
| 2017 | $6,365 | $331,070 | $99,321 | $231,749 |
| 2016 | $6,123 | $324,580 | $97,374 | $227,206 |
| 2015 | $6,082 | $319,704 | $95,911 | $223,793 |
| 2014 | $6,309 | $313,442 | $94,032 | $219,410 |
D
Seller's Agent in 2021
David Howarth
Bay East Aor
Source: Bay East Association of REALTORS®
MLS Number: 40944921
APN: 021-0274-009-00