NOT LISTED FOR SALE

Estimated Value: $695,000 - $911,244

6 Beds
2 Baths
1,916 Sq Ft
$418/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $800,000 $418 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,636/month

32 Days on Market

Highlights

  • City View
  • Vaulted Ceiling
  • Granite Countertops
  • Deck
  • Victorian Architecture

About This Home

As of August 2020

Nicely updated duplex in the heart of the growing Oakland market. Both units are large 3 bedrooms and 1 bathroom layouts with spacious open living areas. The bottom unit has washer and dryer hookups and the upstairs unit features tons of natural sunlight and both units have a one-car garage, rare for the area. Custom paint and newer laminate style flooring throughout. Both units were recently AirBNB rentals but recently have been rented as month to month SROs, two bedrooms are currently rented for $800-$850 per month. The owners just began actively seeking a long term tenant to rent out the entire bottom unit. If you prefer the property can be delivered entirely vacant, this would be ideal for an investor that has plans to renovate, however, offers should be made quickly before the unit is leased.

Last Agent to Sell the Property

Nicholas Rodriguez

Realty Exchange & Investments License #01366893 Listed on: 05/28/2020

Last Buyer's Agent

Samuel Hoa Ha

Kinry & Associates License #01950202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,966

Year Built

  • 1900

Lot Details

  • 3,751

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Laminate Flooring
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Formica Countertops

Additional Features

  • Deck
  • 3,751 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,000
  • Insurance Expense $3,500
  • Maintenance Expense $1,500
  • Utility Expense $4,900
  • Trash Expense $3,500
  • Operating Expense $24,462
  • Gross Income $69,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,966

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM-3
  • Subclass: Duplex
  • Style: Victorian
  • Age: 120
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Formica, Countertop - Granite, Oven Range - Gas
  • Living Sq Ft: 1916
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: City
  • Yard/Grounds: Deck
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.0861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.18
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3500
  • Expense Landscape: 1000
  • Expense Maintenance: 1500
  • Expenses Total: 24462
  • Expenses Utility: 4900
  • Expense Trash: 3500
  • Income Annual Gross: 69840.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 17, 2020
Sold by
Le Quang and Glasgow Brandon
Bought by
Ha Samuel
Seller's Agent
Nicholas Rodriguez
Realty Exchange & Investments
Buyer's Agent
Samuel Hoa Ha
Kinry & Associates
List Price
$805,000
Sold Price
$800,000
Premium/Discount to List
-$5,000
-0.62%
Current Estimated Value
$824,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,758
Avg. Annual Appreciation
0.52%
Original Mortgage
$778,998
Outstanding Balance
$699,111
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$121,453

Purchase Details

Closed on
Jul 3, 2017
Sold by
Cy Pars Investments Inc
Bought by
Le Quang and Glasgow Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,223
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2012
Sold by
Forouzin Farbod
Bought by
Cy Pars Investments Inc

Purchase Details

Closed on
May 24, 2010
Sold by
Khandavalli Sandhya
Bought by
Forouzin Farbod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Forouzin Farbod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Luu Hoa Q
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 20, 2004
Sold by
Lau Lillian Xi Yao and Zhang Jiang Ming
Bought by
Luu Hoa Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Cc & Ay Chang Family Life Estate Trust
Bought by
Lau Lillian Xi Yao and Zhang Jiang Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Chang Chingchung and Chang Jeanie A
Bought by
Cc & Ay Chang Family Life Estate Trust and Ati Management Inc
Source: Public Records

Range of Values:

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Average Value
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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
Ha Samuel $800,000 Old Republic Title Company
Le Quang $595,000 Old Republic Title Company
Cy Pars Investments Inc -- None Available
Forouzin Farbod -- Chicago Title Company
Forouzin Farbod $180,000 First American Title Company
Federal Home Loan Mortgage Corporation $546,367 Accommodation
Luu Hoa Q $460,000 New Century Title Company
Lau Lillian Xi Yao $370,000 New Century Title Company
Cc & Ay Chang Family Life Estate Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ha Samuel $778,998
Previous Owner Le Quang $584,223
Previous Owner Forouzin Farbod $195,000
Previous Owner Forouzim Farbad $50,000
Previous Owner Forouzin Farbod $135,000
Previous Owner Lun Hoa Q $520,000
Previous Owner Luu Hoa Q $440,000
Previous Owner Luu Hoa Q $82,500
Previous Owner Luu Hoa Q $368,000
Previous Owner Lau Lillian Xi Yao $296,000
Closed Luu Hoa Q $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $800,000 -0.6% $418 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $805,000 -- $420 / Sq Ft
Source: MLSListings

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
2024 $12,966 $841,960 $254,688 $594,272
2023 $13,611 $832,320 $249,696 $582,624
2022 $13,208 $809,000 $244,800 $571,200
2021 $12,620 $793,000 $240,000 $560,000
2020 $10,108 $619,037 $185,711 $433,326
2019 $9,687 $606,900 $182,070 $424,830
2018 $13,028 $595,000 $178,500 $416,500
2017 $4,765 $254,647 $76,394 $178,253
2016 $4,554 $249,654 $74,896 $174,758
2015 $4,527 $245,905 $73,771 $172,134
2014 $4,598 $241,088 $72,326 $168,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81794278

MLSListings

APN: 026-0757-012-00