Seller's Agent in 2025
Tyler Clark
Lee & Associates
(925) 788-5952
1 in this area
11 Total Sales
2231 E 28th St Oakland, CA 94606
Highland Terrace Neighborhood
8
Beds
4
Baths
3,378
Sq Ft
6,534
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
As of September 2025Fully 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.
Last Agent to Sell the Property
Lee & Associates License #01900784 Listed on: 07/11/2024
Property Details
Home Type
- Multi-Family
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
Listing and Financial Details
- Assessor Parcel Number 267862
Community Details
Overview
- No Home Owners Association
- Highland Terrace Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Sep 2, 2025
Sold by
Murray Verne Lee
Bought by
Just Homes At 2231 East 28Th Street Llc
Seller's Agent
Tyler Clark
Lee & Associates
Buyer's Agent
Ilona Orshansky
The GRUBB Company
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,971
Avg. Annual Appreciation
-12.79%
Original Mortgage
$514,500
Outstanding Balance
$514,500
Interest Rate
6.72%
Estimated Equity
$709,529
Purchase Details
Listed on
Sep 1, 2022
Closed on
Jul 31, 2023
Sold by
Murray Melody
Bought by
Murray Verne Lee
Seller's Agent
Yvonne Morgan
Y Morgan Realty
Buyer's Agent
Yvonne Morgan
Y Morgan Realty
List Price
$990,000
Sold Price
$945,000
Premium/Discount to List
-$45,000
-4.55%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%
Original Mortgage
$1,116,600
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2007
Sold by
Leno Jessie L and The Willima & Jessie L Leno Re
Bought by
Leno Jessie L and The William & Jessie L Leno Re
Purchase Details
Closed on
May 20, 2002
Sold by
Leno William
Bought by
Leno William and The William Leno Jr Revocable
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Wfg National Title Insurance C | |
| 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 | $514,500 | No Value Available | |
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $1,116,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $1,300,000 | -4.3% | $385 / Sq Ft | |
| 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 | +19.2% | $459 / Sq Ft | |
| 11/15/2024 11/15/24 | Off Market | $1,300,000 | -- | -- | |
| 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 | View Prior Sale |
| 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®
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
Agents Affiliated with this Home
-
Tyler Clark
-
Ilona Orshansky
Buyer's Agent in 2025
Ilona Orshansky
The GRUBB Company
(415) 746-0957
1 in this area
8 Total Sales
-
Ilona Campbell
I
Buyer's Agent in 2025
Ilona Campbell
Cush Real Estate
(888) 584-9427
1 in this area
10 Total Sales
-
Yvonne Morgan
Seller's Agent in 2023
Yvonne Morgan
Y Morgan Realty
(925) 383-7295
1 in this area
37 Total Sales
Map
Source: Contra Costa Association of REALTORS®
MLS Number: 41066047
APN: 026-0786-002-00
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