NOT LISTED FOR SALE

Estimated Value: $988,198 - $1,176,000

8 Beds
4 Baths
3,864 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,175,000 $304 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,454/month

10 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • Wood Flooring
  • Tandem Parking
  • Updated Kitchen
  • No HOA
  • Cooling Available

About This Home

As of September 2021

LOCATION! LOCATION! LOCATION! WALKING DISTANCE to LAKE MERRITT! Centrally Located in Ivy Hill and Cleveland Heights, this LARGE, WELL-MAINTAINED 4 PLEX has ALL generously sized 2 BEDROOM UNITS! Enjoy walking to grocery shopping at Lucky and delicious meals at the famous Pho King or Portal! Only 1.5 miles from Lakeshore, Jack London, and Chinatown shopping districts! Units are BRIGHT w/ plenty of windows and have been updated with GRANITE COUNTERS and TILE FLOORING. Each has its own dining room along with 1 designated garage and 1 driveway parking. Laundry/storage room in the building brings EXTRA CASH FLOW to the property with OWNED MACHINES! All major freeways, AC TRANSIT, Casual Carpool, LAKE MERRITT BART are minutes away! Sewer Lateral and Sidewalk Certification are COMPLETE! DO NOT MISS OUT ON THESE HISTORICALLY LOW INTEREST RATES! NOW IS THE TIME TO INVEST!!! *** CONTACT AGENT FOR VIRTUAL TOURS/INTERIOR PICS AND MORE INFO ***!!! :)

Last Agent to Sell the Property

Christine Wong

United Brokers Real Estate License #01292148 Listed on: 08/02/2021

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,232

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Tandem Parking
  • Garage Door Opener
  • Uncovered Parking

Utilities

  • Cooling Available
  • Gravity Heating System
  • Gas Water Heater

Additional Features

  • Partial Bay or Harbor Views
  • Updated Kitchen
  • Partial Basement

Listing and Financial Details

  • Assessor Parcel Number 2233820

Community Details

Overview

  • No Home Owners Association
  • 3,864 Sq Ft Building
  • Bay East Association
  • Ivy Hill Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,232

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: IVY HILL
  • Directions: 5th ave OR MacArthur Blvd to Park Blvd
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Linoleum, Tile, Carpet
  • Basement: Partial, Storage Space
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 8
  • Interior Amenities: Updated Baths, Updated Kitchen, Storage, Tub w/Shower Over

Exterior Features

  • Lot Features: Regular
  • View: Partial
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Side Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Enclosed, Space Per Unit - 2, Tandem, Uncovered Parking Space

Utilities

  • Heating: Gravity
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Other
  • Laundry Features: Coin Operated, Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 2233820
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 9, 2021
Sold by
Nguyen Tuan Anh and Duong Cam Hien
Bought by
Lee Bobby
Seller's Agent
Christine Wong
United Brokers Real Estate
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,099,000
Sold Price
$1,175,000
Premium/Discount to List
$76,000
6.92%
Current Estimated Value
$1,098,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,700
Avg. Annual Appreciation
-0.98%
Original Mortgage
$405,000
Outstanding Balance
$369,594
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$759,901

Purchase Details

Closed on
May 6, 2019
Sold by
Duong Cam Hien and Nguyen Tuan Anh
Bought by
Duong Nguyen Family Trust

Purchase Details

Closed on
Jan 29, 2013
Sold by
Thj Investment Llc
Bought by
Duong Cam Hien and Nguyen Tuan Anh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Ly Tung T and Dinh Huong Thu
Bought by
Thj Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Thj Investment Llc
Bought by
Ly Tung T and Dinh Huong Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
Ly Tung T and Dinh Huong Thu
Bought by
Thj Investments Llc

Purchase Details

Closed on
Apr 1, 2002
Sold by
Yee Gerald Yow Ping and Yee Hung Yuk Louie
Bought by
Ly Tung T and Dinh Huong Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,750
Interest Rate
5.87%

Purchase Details

Closed on
Apr 4, 1995
Sold by
Yee Gerald Yow Ping and Yee Hung Yuk Louie
Bought by
Yee Gerald Yow Ping and Yee Hung Yuk Louie
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
Lee Bobby $1,175,000 Old Republic Title Company
Duong Nguyen Family Trust -- None Available
Duong Cam Hien $544,000 Old Republic Title Company
Thj Investment Llc -- None Available
Ly Tung T -- Fidelity National Title Co
Thj Investments Llc -- None Available
Ly Tung T $649,000 North American Title Co
Yee Gerald Yow Ping -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Bobby $405,000
Previous Owner Duong Cam Hien $375,000
Previous Owner Ly Tung T $370,000
Previous Owner Ly Tung T $450,000
Previous Owner Ly Tung T $486,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,175,000 -- --
09/17/2021 09/17/21 Sold $1,175,000 +6.9% $304 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,099,000 -- $284 / Sq Ft
Source: Bay East Association of REALTORS®

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 $19,232 $1,246,378 $373,913 $872,465
2024 $19,232 $1,221,948 $366,584 $855,364
2023 $20,146 $1,197,990 $359,397 $838,593
2022 $19,457 $1,174,500 $352,350 $822,150
2021 $11,107 $618,864 $185,659 $433,205
2020 $10,975 $612,521 $183,756 $428,765
2019 $10,338 $600,515 $180,154 $420,361
2018 $10,120 $588,743 $176,623 $412,120
2017 $9,628 $577,200 $173,160 $404,040
2016 $9,330 $565,884 $169,765 $396,119
2015 $9,277 $557,387 $167,216 $390,171
2014 $9,659 $546,468 $163,940 $382,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40961438

Bay East Association of REALTORS®

APN: 022-0338-020-00