Seller's Agent in 2024
Astrid Lacitis
Vanguard Properties
(415) 860-0765
1 in this area
24 Total Sales
In the very popular Grand Lake/Piedmont Ave area, this mid-century, SEVEN UNIT building has an enviable WALK score of 88. There are four 2BD units, three 1BD ones, and all have fresh air entry as opposed to sharing an interior common hall with others. The building, within a small radius, is surrounded by some 60 restaurants, cafes and pubs, two movie theaters and six grocery stores, among them Whole Foods and Trader Joe's. Attractively priced at a CAP RATE 6.2 and a GRM of 9.6, the building is being offered at $253,573 per unit, comes with six parking spaces, and is on a quiet, two block long street. The Oakland mandated soft story work has been completed. Residents enjoy, besides the 60+ nearby retail, the popular Saturday Farmer's Market and the amenities of Lake Merritt. There are banked rents from the soft story work. ASSUMABLE loan of $559,000 at 4.6%.
Last Agent to Sell the Property
Vanguard Properties License #00684382 Listed on: 11/17/2023
Last Buyer's Agent
Suguey Melgar
MELGAR REAL ESTATE SERVICES License #01448667
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $1,600,000 | -9.9% | $282 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $1,775,000 | -- | $313 / 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 | $23,825 | $1,627,920 | $571,200 | $1,056,720 |
| 2024 | $23,825 | $1,394,962 | $347,853 | $1,047,109 |
| 2023 | $24,793 | $1,367,620 | $341,035 | $1,026,585 |
| 2022 | $23,748 | $1,340,807 | $334,349 | $1,006,458 |
| 2021 | $22,158 | $1,314,525 | $327,795 | $986,730 |
| 2020 | $21,957 | $1,305,608 | $324,436 | $981,172 |
| 2019 | $20,768 | $1,280,103 | $318,076 | $962,027 |
| 2018 | $20,322 | $1,255,097 | $311,840 | $943,257 |
| 2017 | $19,341 | $1,228,926 | $305,728 | $923,198 |
| 2016 | $18,865 | $1,204,893 | $299,735 | $905,158 |
| 2015 | $18,760 | $1,186,845 | $295,234 | $891,611 |
| 2014 | $19,426 | $1,162,023 | $289,452 | $872,571 |
Seller's Agent in 2024
Astrid Lacitis
Vanguard Properties
(415) 860-0765
1 in this area
24 Total Sales
J
Seller Co-Listing Agent in 2024
Jacqueline Tonge
Vanguard Properties
(415) 710-7841
1 in this area
16 Total Sales
S
Buyer's Agent in 2024
Suguey Melgar
MELGAR REAL ESTATE SERVICES
Source: San Francisco Association of REALTORS®
MLS Number: 423922931