$1,359,000
PENDING $191K PRICE DROP

Estimated payment $8,677/month

Total Views 2,169
8 Beds
4 Baths
3,378 Sq Ft
$402 Price per Sq Ft

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Double Pane Windows
  • Corner Lot
  • Detached Garage
  • 1-minute walk to Manzanita Recreation Center

About This Home

Fully renovated & vacant fourplex in Oakland’s Highland Terrace. Built in 1951, this turnkey property features four (4) 2BD/1BA units, each updated with quartz countertops, new cabinetry, appliances, hardware, and remodeled bathrooms with tile flooring and modern finishes. Interiors offer new windows, refinished/new flooring, and fresh paint throughout. All units include upgraded 100-amp electrical panels, relocated and fully permitted to meet insurance standards. The 0.16-acre lot includes an on-site laundry room, new pergola, detached 4-car garage with secured parking, and a spacious shared courtyard with private rear entrances for each unit. Preliminary permits secured for two ADUs (1 studio + 1 2BD/1BA) provide future income potential. Located in a quiet residential pocket with hillside views and easy access to I-580, transit, parks, schools, and shopping. Whether you’re an investor seeking stable cash flow and long-term growth, or a buyer exploring multi-generational living or house-hacking, 2231 E 28th Street delivers flexibility and functionality in one of Oakland’s most accessible neighborhoods.

Listing Agent

Tyler Clark

Lee & Associates License #01900784 Listed on: 07/11/2024

Lee & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,947

Year Built

  • Built in 1951

Lot Details

  • 6,875 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Engineered Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • On-Street Parking

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 267862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,947

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Foothill Blvd to 22nd to E 28th St.
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Engineered Wood
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 8
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Construction Type: Stucco, Frame

Garage/Parking

  • Parking Features: Detached, Street Parking

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated, Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Mutual Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6875
  • Parcel Number: 267862

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 $15,947 $963,900 $289,170 $674,730
2024 $15,947 $945,000 $283,500 $661,500
2023 $5,258 $107,459 $33,934 $73,525
2022 $4,804 $105,353 $33,269 $72,084
2021 $4,090 $103,287 $32,617 $70,670
2020 $4,030 $102,228 $32,282 $69,946
2019 $3,553 $100,225 $31,650 $68,575
2018 $3,476 $98,259 $31,029 $67,230
2017 $3,199 $96,333 $30,421 $65,912
2016 $3,015 $94,444 $29,824 $64,620
2015 $2,987 $93,025 $29,376 $63,649
2014 $3,371 $91,203 $28,801 $62,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Pending -- -- --
06/26/2025 06/26/25 Price Changed $1,359,000 -2.9% $402 / Sq Ft
05/28/2025 05/28/25 Price Changed $1,399,000 0.0% $414 / Sq Ft
05/28/2025 05/28/25 For Sale $1,399,000 +48.0% $414 / Sq Ft
02/04/2025 02/04/25 Off Market $945,000 -- --
02/04/2025 02/04/25 Off Market $1,550,000 -- --
12/07/2024 12/07/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $1,550,000 0.0% $459 / Sq Ft
11/15/2024 11/15/24 Off Market $1,550,000 -- --
10/22/2024 10/22/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,550,000 +64.0% $459 / Sq Ft
08/03/2023 08/03/23 Sold $945,000 -4.5% $283 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $990,000 0.0% $296 / Sq Ft
04/22/2023 04/22/23 Price Changed $990,000 -7.9% $296 / Sq Ft
02/11/2023 02/11/23 Price Changed $1,075,000 -98.9% $322 / Sq Ft
02/11/2023 02/11/23 Price Changed $100,000,075 +9910.0% $29,940 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
11/29/2022 11/29/22 Price Changed $999,000 -4.9% $299 / Sq Ft
10/26/2022 10/26/22 Price Changed $1,050,000 -12.5% $314 / Sq Ft
09/01/2022 09/01/22 For Sale $1,200,000 -- $359 / Sq Ft
Source: Contra Costa Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Wfg National Title
Grant Deed $945,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,116,600 New Conventional
Source: Public Records

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Source: Contra Costa Association of REALTORS®

MLS Number: 41066047

Contra Costa Association of REALTORS®

APN: 026-0786-002-00