Seller's Agent in 2022
Joseph Owens
Marcus & Millichap
(925) 808-9098
2 in this area
12 Total Sales
200 Montecito is a 21-unit multifamily building located in the heart of Oakland’s Adams Point neighborhood. Built in 1967, the property is comprised of five stories of wood frame and stucco construction above a concrete podium and garage parking. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. 200 Montecito offers tenants a charming neighborhood surrounding as well as unmatched proximity to retail, dining and transit. The property is less than one mile from most of Downtown Oakland’s best attractions for restaurants, bars, entertainment and transit. Tenants are just a two-block walk from Whole Foods Market as well as their daily coffee or smoothie at Equator Coffees and Urban Remedy as well as the TransBay bus.
Last Agent to Sell the Property
Marcus & Millichap License #01707768 Listed on: 08/02/2022
Last Buyer's Agent
Out Of Area Non Member
Bay East Aor
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $7,925,000 | -- | -- |
| 10/04/2022 10/04/22 | Sold | $7,925,000 | -3.9% | $302 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 08/02/2022 08/02/22 | For Sale | $8,250,000 | -- | $314 / 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 | $118,742 | $8,244,850 | $2,476,152 | $5,758,093 |
| 2024 | $118,742 | $8,083,395 | $2,427,600 | $5,645,190 |
| 2023 | $125,007 | $7,914,500 | $2,380,000 | $5,534,500 |
| 2022 | $106,686 | $6,727,488 | $2,102,340 | $4,625,148 |
| 2021 | $101,120 | $6,595,584 | $2,061,120 | $4,534,464 |
| 2020 | $100,022 | $6,532,800 | $2,040,000 | $4,492,800 |
| 2019 | $21,103 | $959,586 | $284,630 | $674,956 |
| 2018 | $20,618 | $940,864 | $279,050 | $661,814 |
| 2017 | $19,006 | $922,506 | $273,579 | $648,927 |
| 2016 | $18,525 | $904,509 | $268,215 | $636,294 |
| 2015 | $18,382 | $890,992 | $264,186 | $626,806 |
| 2014 | $18,715 | $872,841 | $259,011 | $613,830 |
Seller's Agent in 2022
Joseph Owens
Marcus & Millichap
(925) 808-9098
2 in this area
12 Total Sales
O
Buyer's Agent in 2022
Out Of Area Non Member
Bay East Aor
Source: bridgeMLS
MLS Number: 41003873
Ask me questions while you tour the home.