NOT LISTED FOR SALE
Studio
-- Bath
7,011 Sq Ft
6,800 Sq Ft Lot

Sale Details

Date Sold: September 19, 2022

Last sale price $2,750,000 $392 Per Sq Ft

27 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Wood Flooring
  • Satellite Dish
  • Malcolm X Elementary School Rated A
  • No HOA
  • 3-minute walk to Halcyon Commons Park

About This Home

As of September 2022

8-unit multifamily (7 x 2BR/1BA, 1 x 3BR/2BA) near the border of North Oakland + Berkeley—this is 2235 Ashby Avenue. Ideally situated between Shattuck and Telegraph avenues, this listing is near almost anything tenants could ever want: Whole Foods, Trader Joe’s, Walgreens, BART, UC Berkeley, & more! Proximity to the Cal campus ensures vacancies are always short-lived, and that turnover is predictable (allowing owners to regularly resent rents at market rates). 7 of 8 units are individually metered to ensure maximum managerial convenience and the lowest operational costs possible—this includes HOT water, as each unit comes with its own water heater. It’s also important to note the property features an 8-car parking lot which aids in the attraction of prospective tenants willing to pay above the market rate for a unit. 2235 Ashby Avenue is an investment with major potential—property comes with an approximate +20% upside when examining the current rents versus the expected market rents.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 06/16/2022

Keller Williams Realty

Last Buyer's Agent

Bevan Lew

Capital Properties License #01513966

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1962

Lot Details

  • 6,800 Sq Ft Lot
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Back Yard

Parking

  • Parking Lot

Property Views

  • Golden Gate Bridge
  • San Francisco
  • Bridge
  • Hills

Home Design

  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Electricity To Lot Line
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • 7,011 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 52158014

Property Details

Home Type

Apartment

Year Built

Built in 1962

Lot Details

6,800 Sq Ft Lot

Listing Details

  • Year Built: 1962
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.16
  • Directions: Telegraph Ave to Ashby Ave
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet
  • Basement: Storage Space
  • Appliances: Dryer, Washer, Gas Water Heater
  • Other Equipment: Satellite Dish
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Partial
  • Lot Features: Back Yard, Landscape Front, Paved, Landscape Back
  • View: Bay Bridge, Golden Gate Bridge, Hills, San Francisco
  • View: Yes
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Space Per Unit - 1, Uncovered Park Spaces 2+

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Laundry Features: 220 Volt Outlet, Common Area, Dryer, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6800
  • Parcel Number: 52158014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4236.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 7, 2022
Sold by
Bought by
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Bevan Lew
Capital Properties
List Price
$2,900,000
Sold Price
$2,750,000
Premium/Discount to List
-$150,000
-5.17%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$662,076
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Bought by

Purchase Details

Listed on
Mar 9, 2014
Closed on
May 19, 2014
Sold by
Bought by
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Ben Marcus
MARCUS REALTY
List Price
$1,677,100
Sold Price
$1,677,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.23%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,750,000 Chicago Title
-- None Available
$1,677,500 Old Republic Title Company
-- --
-- --
$30,363 --
-- --
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $705,000
Previous Owner $1,250,000
Previous Owner $25,000
Previous Owner $100,000
Previous Owner $600,000
Previous Owner $500,000
Previous Owner $390,000
Previous Owner $337,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $2,750,000 -- --
09/19/2022 09/19/22 Sold $2,750,000 -5.2% $392 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $2,900,000 +72.9% $414 / Sq Ft
05/28/2014 05/28/14 Sold $1,677,100 0.0% $239 / Sq Ft View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $1,677,100 -- $239 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $51,818 $2,931,627 $848,960 $2,069,340
2025 $51,818 $2,873,216 $832,320 $2,028,780
2024 $46,645 $2,817,116 $816,000 $1,989,000
2023 $45,658 $2,750,000 $800,000 $1,950,000
2022 $35,336 $1,932,515 $488,615 $1,443,900
2021 $35,333 $1,894,639 $479,039 $1,415,600
2020 $33,123 $1,881,576 $474,128 $1,407,448
2019 $31,407 $1,844,820 $464,834 $1,379,986
2018 $30,808 $1,808,784 $455,723 $1,353,061
2017 $29,701 $1,775,428 $446,789 $1,328,639
2016 $28,458 $1,736,481 $438,029 $1,298,452
2015 $28,047 $1,710,466 $431,451 $1,279,015
2014 $12,452 $423,417 $108,412 $315,005
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 40997976

bridgeMLS
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