NOT LISTED FOR SALE

Estimated Value: $653,618 - $879,000

7 Beds
3 Baths
2,383 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $845,000 $355 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,421/month

63 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Partially Fenced Property
  • No HOA
  • Landscaped
  • Wall Furnace

About This Home

As of February 2022

For investors seeking long-term value, major upside, and a property they can also occupy, Oakland’s 2209 E 24th Street is something of an “ideal fit.” This is a three unit building split into two, 2BR/1BA floor plans and one, 3BR/1BA layout. It is this three-bedroom unit that will be delivered vacant upon close—the other units will remain occupied with secure, stable tenants allowing new owner to generate cash flow from day #1. Outside, the property comes with a sizable yard that can easily be redeveloped into an outdoor oasis given Oakland’s sunny climate, as well as a covered, three-car parking lot. From a lifestyle perspective, there’s a lot to love about 2209 E 24th Street. In addition to being commuter friendly (it’s just minutes from I-880 and I-580), the Highland Terrace neighborhood is near major employers (including the Highland Terrace hospital), schools, and large greenspaces that are just perfect for everyday recreation.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 11/03/2021

Keller Williams Realty

Last Buyer's Agent

Otha Johnson Jr.

Re/max Gold License #01791202

Re/max Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,110 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Garden
  • Back Yard

Home Design

  • Triplex
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Washer and Dryer Hookup

Parking

  • Carport
  • On-Street Parking

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,383 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 22326332

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: Go east on 23rd Ave and make a left on E 24th St.
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Door Features: Mirrored Closet Door(s)

Exterior Features

  • Fencing: Partial Fence, Fenced
  • Lot Features: Landscape Front, Landscape Back
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Side Yard, Entry Gate, Garden, Landscape Back, Low Maintenance, Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More, Space Per Unit - 1, Street Parking

Utilities

  • Heating: Wall Furnace
  • Utilities: Master Electric Meter, Master Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Washer/Dryer Hookups
  • Security: Secured Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5110
  • Parcel Number: 22326332
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4058.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 31, 2022
Sold by
Wu Trust
Bought by
Ellingberg Philip Gerard
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Otha Johnson Jr.
Re/max Gold
List Price
$925,000
Sold Price
$845,000
Premium/Discount to List
-$80,000
-8.65%
Current Estimated Value
$810,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,845
Avg. Annual Appreciation
-1.08%
Original Mortgage
$829,694
Outstanding Balance
$770,527
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$39,628

Purchase Details

Closed on
Jan 31, 2004
Sold by
Wu Victor W and Wu Victor
Bought by
Wu Victor W and Wu Trust

Purchase Details

Closed on
Jan 5, 2004
Sold by
Wu Yu Min
Bought by
Wu Victor W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ellingberg Philip Gerard $845,000 Stewart Title
Wu Victor W -- --
Wu Victor W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellingberg Philip Gerard $829,694
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $845,000 -- --
02/10/2022 02/10/22 Sold $845,000 -3.4% $355 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/23/2021 11/23/21 Price Changed $875,000 -5.4% $367 / Sq Ft
11/03/2021 11/03/21 For Sale $925,000 -- $388 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

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 $14,261 $896,713 $269,014 $627,699
2024 $14,261 $879,137 $263,741 $615,396
2023 $15,028 $861,900 $258,570 $603,330
2022 $5,624 $208,657 $62,597 $146,060
2021 $5,047 $204,567 $61,370 $143,197
2020 $4,982 $202,470 $60,741 $141,729
2019 $4,582 $198,500 $59,550 $138,950
2018 $4,485 $194,608 $58,382 $136,226
2017 $4,221 $190,793 $57,238 $133,555
2016 $4,019 $187,053 $56,116 $130,937
2015 $3,989 $184,243 $55,273 $128,970
2014 $4,069 $180,634 $54,190 $126,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40973068

bridgeMLS

APN: 022-0326-033-02