$788,000
$40K PRICE DROP

Estimated payment $5,197/month

Total Views 2,873
7 Beds
4 Baths
2,150 Sq Ft
$367 Price per Sq Ft

Highlights

  • Solar Power System
  • 5-minute walk to Lake Merritt Station
  • Ceiling Fan
  • Lincoln Elementary School Rated 9+
  • Forced Air Heating System
  • 2-minute walk to Chinese Garden Park

About This Home

Welcome to a charming home in the Lake Merritt / Chinatown part of Oakland, offering an ideal blend of comfort and convenience. This spacious duplex is completely vacant and has ample room for family, guests, and hobbies alike. This duplex is centrally located - only two blocks from Lake Merritt BART station, short walk to Chinatown, and 15 mins walk to Jack London square.

Listing Agent

Martin Ko

Premier Realty Associates License #02157397 Listed on: 06/26/2025

Premier Realty Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,830

Year Built

  • 1912

Parking

  • 1 Car Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Bars

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Solar Power System
  • 2,500 Sq Ft Lot

Community Details

Overview

Building Details

  • Insurance Expense $2,283
  • Utility Expense $3,234
  • Trash Expense $1,491
  • Operating Expense $17,838
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,830

Year Built

1912

Lot Details

0

Parking

1

Listing Details

  • Zoning: Mixed Residential
  • Subclass: Duplex
  • Age: 113
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Living Sq Ft: 2150
  • Stories: 1
  • Security: Window Bars

Exterior Features

  • Foundation: Concrete Block
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: On Street, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.0574
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 20.52

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Solar
  • Expense Insurance: 2283
  • Expenses Total: 17838
  • Expenses Utility: 3234
  • Expense Trash: 1491
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Loan - Mortgage, Maintenance, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,830 $674,748 $202,424 $472,324
2024 $10,830 $661,518 $198,455 $463,063
2023 $11,264 $648,551 $194,565 $453,986
2022 $10,802 $628,834 $190,750 $445,084
2021 $10,364 $617,768 $187,010 $436,358
2020 $10,175 $616,978 $185,093 $431,885
2019 $9,755 $604,883 $181,465 $423,418
2018 $9,553 $593,027 $177,908 $415,119
2017 $9,171 $581,400 $174,420 $406,980
2016 $8,882 $570,000 $171,000 $399,000
2015 $5,436 $319,437 $95,831 $223,606
2014 -- $313,182 $93,954 $219,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $788,000 -4.8% $367 / Sq Ft
06/26/2025 06/26/25 For Sale $828,000 -- $385 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- New Title Company Name
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $570,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Title Company
Grant Deed $280,000 New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $396,000 New Conventional
Previous Owner $409,000 New Conventional
Previous Owner $410,539 New Conventional
Previous Owner $456,000 New Conventional
Previous Owner $186,700 New Conventional
Previous Owner $201,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $224,000 Unknown
Previous Owner $224,000 No Value Available
Previous Owner $224,000 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82012579

MLSListings

APN: 001-0181-008-00