NOT LISTED FOR SALE

1936 94th Ave Oakland, CA 94603

Cox Neighborhood

Estimated Value: $664,000 - $967,000

4 Beds
3 Baths
2,410 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $781,000 $324 Per Sq Ft

Current estimated payment $5,355/month

15 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • 4-minute walk to Verdese Carter Park

About This Home

As of November 2021

Cox-Area 3-Unit Investment Opportunity: 1936 94th Ave, which measures 2,410 Sq Ft per the Tax Records, is a well-maintained 1908 Victoria Triplex that appears to have had a full foundation replacement & full exterior siding upgrade in 2011. The attractive building features two 1BD/1BA units and one 2BD/1BA unit, all located in an up-and-coming area bounded by Bancroft Ave, International Blvd & 98th Ave. The building is situated on a park-like 7,000 Sq ft lot w/a large rear yard accessible by all tenants & ready for possible expansion or further parking options beyond the 2-car driveway. Held in one family for many years, the building is currently generating scheduled income in the $58,800 per year range (and a possible 5.5% Cap Rate assuming a 35% expense ratio). This is an attractive opportunity for investors looking for a building w/a solid unit configuration & occupancy. Broker's Note: This is an as-is Trust Sale. Buyers to verify all financial data, room count & permit history.

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 10/03/2021

Berkshire Hathaway-Franciscan

Last Buyer's Agent

Gemma Bagga

Allison James Estates & Homes License #01865983

Allison James Estates & Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,422

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • 7,000

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property

Additional Features

  • 7,000 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 046-5456-005

Community Details

Overview

  • No Home Owners Association

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,422

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Architectural Style: Victorian
  • Property Condition: Updated/Remodeled
  • Levels: Two
  • Stories: 2
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Number Of Rooms: 11
  • Price Per Square Foot: 324.07
  • Square Footage: 2410

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 046-5456-005
  • Lot Features: Other
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000
  • Lot Size Units: SqFt
  • Price Per Acre: 4859987.55

Rental Info

  • Number Of Units Month To Month: 3
  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 13.28
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number Of Units Leased: 3
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 11, 2021
Sold by
Mchugh Linda Marie and Mchugh Herbert D
Bought by
Serrano Suany Xiomara Guardado and Lopez Jose O
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Gemma Bagga
Allison James Estates & Homes
List Price
$699,000
Sold Price
$781,000
Premium/Discount to List
$82,000
11.73%
Current Estimated Value
$783,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,567
Avg. Annual Appreciation
0.09%
Original Mortgage
$624,800
Outstanding Balance
$575,377
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$208,190

Purchase Details

Closed on
May 19, 2021
Sold by
Wetzel Herbert Don
Bought by
Herbert D And Cherie L Wetzel Family Tru and Mchugh
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
Serrano Suany Xiomara Guardado $781,000 Old Republic Title Company
Herbert D And Cherie L Wetzel Family Tru -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Suany Xiomara Guardado $624,800
Previous Owner Montano Ramon D $425,000
Previous Owner Montano Ramon D $23,000
Previous Owner Montano Ramon D $330,000
Previous Owner Montano Celia P $240,000
Previous Owner Wetzel Herbert Don $94,000
Previous Owner Montano Ramon C $200,000
Previous Owner Montano Ramon D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $781,000 +11.7% $324 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $699,000 -- $290 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $13,422 $828,797 $248,639 $580,158
2024 $13,422 $812,551 $243,765 $568,786
2023 $14,009 $796,620 $238,986 $557,634
2022 $13,505 $781,000 $234,300 $546,700
2021 $4,009 $129,005 $69,096 $59,909
2020 $3,955 $127,683 $68,388 $59,295
2019 $3,578 $125,179 $67,047 $58,132
2018 $3,502 $122,726 $65,733 $56,993
2017 $3,271 $120,319 $64,444 $55,875
2016 $3,086 $117,961 $63,181 $54,780
2015 $3,060 $116,189 $62,232 $53,957
2014 $3,110 $113,914 $61,013 $52,901
Source: Public Records

Agents Affiliated with this Home

  • Andrew De Vries

    Seller's Agent in 2021

    Andrew De Vries

    Berkshire Hathaway-Franciscan

    (415) 585-5200

    1 in this area

    353 Total Sales

    Andrew De Vries
    Section Image

  • G

    Buyer's Agent in 2021

    Gemma Bagga

    Allison James Estates & Homes

    (510) 589-6273

    1 in this area

    46 Total Sales

    Gemma Bagga
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421598851

San Francisco Association of REALTORS® MLS

APN: 046-5456-005-00

California Alameda County Oakland 94603 Cox

1936 94th Ave, Oakland, CA

This home is located at 1936 94th Ave, Oakland, CA 94603 since 03 October 2021 and is currently estimated at $783,567, approximately $325 per square foot. This property was built in 1908. 1936 94th Ave is a home located in Alameda County with nearby schools including Reach Academy, Elmhurst United Middle School, and Coliseum College Prep Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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