T
Seller's Agent in 2022
Theodore Wong
Bay East Aor
2006 38th Ave Oakland, CA 94601
Harrington NeighborhoodEstimated Value: $767,000 - $1,129,000
5
Beds
4
Baths
3,542
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- No HOA
- Coin Laundry
- Front Yard
- Double Pane Windows
- Wall Furnace
About This Home
As of March 2022Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a turnkey 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. In addition, tenants pay their own water. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive 5.38% CAP Rate/13.41 GRM and Pro Forma CAP Rate 6.02%/12.35 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside
Last Agent to Sell the Property
Theodore Wong
Bay East Aor License #02016737 Listed on: 12/08/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 5,415 Sq Ft Lot
- Front Yard
Parking
- Off-Street Parking
Home Design
- Quadruplex
Interior Spaces
- Double Pane Windows
- Laminate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 322092321
Community Details
Overview
- No Home Owners Association
- 3,542 Sq Ft Building
- Bay East Association
Amenities
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2021
Closed on
Mar 21, 2022
Sold by
Bought by
Seller's Agent
Theodore Wong
Bay East Aor
Buyer's Agent
Abhi Indap
Kw Advisors
List Price
$1,230,000
Sold Price
$1,175,000
Premium/Discount to List
-$55,000
-4.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,205
Avg. Annual Appreciation
-4.57%
Original Mortgage
$877,500
Outstanding Balance
$812,328
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$151,467
Purchase Details
Closed on
Apr 3, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,190
Interest Rate
7.62%
Mortgage Type
Assumption
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,175,000 | First American Title | ||
| $1,100,000 | First American Title Company | ||
| $160,318 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $877,500 | ||
| Previous Owner | $825,000 | ||
| Previous Owner | $178,190 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,175,000 | -- | -- |
| 03/24/2022 03/24/22 | Sold | $1,175,000 | -3.3% | $332 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | Price Changed | $1,215,000 | -1.2% | $343 / Sq Ft |
| 12/08/2021 12/08/21 | Price Changed | $1,230,000 | 0.0% | $347 / Sq Ft |
| 12/08/2021 12/08/21 | For Sale | $1,230,000 | -- | $347 / Sq Ft |
Source: Bay East Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,321 | $1,246,910 | $374,073 | $872,837 |
| 2024 | $19,321 | $1,222,470 | $366,741 | $855,729 |
| 2023 | $20,229 | $1,198,500 | $359,550 | $838,950 |
| 2022 | $18,964 | $1,133,615 | $340,084 | $793,531 |
| 2021 | $17,942 | $1,111,395 | $333,418 | $777,977 |
| 2020 | $6,236 | $262,775 | $78,832 | $183,943 |
| 2019 | $5,707 | $257,624 | $77,287 | $180,337 |
| 2018 | $5,584 | $252,574 | $75,772 | $176,802 |
| 2017 | $5,239 | $247,623 | $74,287 | $173,336 |
| 2016 | $5,018 | $242,768 | $72,830 | $169,938 |
| 2015 | $4,982 | $239,123 | $71,737 | $167,386 |
| 2014 | $5,173 | $234,440 | $70,332 | $164,108 |
Source: Public Records
Agents Affiliated with this Home
-
-
Brandon Tran
Seller Co-Listing Agent in 2022
Brandon Tran
Fifty Hills Real Estate
(510) 735-5367
1 in this area
13 Total Sales
-
Abhi Indap
Buyer's Agent in 2022
Abhi Indap
Kw Advisors
(408) 472-4969
1 in this area
36 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 40974309
APN: 032-2092-032-01
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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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