NOT LISTED FOR SALE
2 Beds
2 Baths
26,240 Sq Ft
10,890 Sq Ft Lot

Last Sold October 04, 2022

Last sale price $7,925,000 $302 Per Sq Ft

27 Days on Market

Highlights

  • Building Security
  • Chain Of Lake Views
  • No HOA
  • Lincoln Elementary School Rated 9+
  • Corner Lot
  • 21 Car Direct Access Garage

About This Home

As of October 2022

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

Joseph Owens

Marcus & Millichap License #01707768 Listed on: 08/02/2022

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1967

Lot Details

  • 11,000 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

Property Views

  • Chain Of Lake
  • City Lights
  • Hills

Home Design

  • Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Elevator
  • Leased Washer and Dryer

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Home Security

  • Security Gate
  • Fire Sprinkler System

Parking

  • 21 Car Direct Access Garage
  • Secured Garage or Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 107731

Community Details

Overview

  • No Home Owners Association
  • 26,240 Sq Ft Building
  • Bridge Aor Association
  • Adams Point Subdivision

Security

  • Building Security

Property Details

Home Type

Apartment

Year Built

Built in 1967

Lot Details

0.25 Acres

Listing Details

  • Year Built: 1967
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.25
  • Subdivision Name: ADAMS POINT
  • Directions: Corner of Lenox and Montecito
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: None
  • Appliances: Dishwasher, Built-In Range, Refrigerator, Gas Water Heater
  • Interior Amenities: Elevator, Storage

Exterior Features

  • Roof: Foam
  • Lot Features: Corner Lot, Regular
  • View: City Lights, Hills, Lake, City
  • View: Yes
  • Construction Type: Stucco, Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Enclosed, Int Access From Garage, Security Garage, Space Per Unit - 1
  • Total Parking Spaces: 21

Utilities

  • Heating: Heat Pump
  • Utilities: Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
  • Cooling: Heat Pump
  • Laundry Features: Laundry Equip - Leased
  • Security: Building Security, Fire Sprinkler System, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 11000
  • Parcel Number: 107731
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4037.01
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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
Source: bridgeMLS

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41003873

bridgeMLS
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