NOT LISTED FOR SALE

2336 Magnolia St Unit 4 Oakland, CA 94607

West Oakland Neighborhood

Estimated Value: $545,000 - $750,000

1 Bed
2 Baths
1,328 Sq Ft
$217/mo HOA Fee

Last Sold August 27, 2024

Last sale price $640,000 $482 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,237/month

5 Days on Market

Highlights

  • Gated Community
  • 0.31 Acre Lot
  • Corner Lot
  • Updated Kitchen
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2024

Extraordinary opportunity to own one of only 11 units at the highly sought-after and rarely available Blue Cap Lofts. This brick and timber building was built as a dry goods warehouse in the 1920s. Its conversion to loft-style condominiums was completed in 2015. Unit 4 is a bi-level home featuring a lofted bedroom suite with tons of storage and a full bath. The living area is open to the kitchen with a large island, gas range, and plenty of cabinetry. A second full bath and laundry are also on the main level. The building has bike storage and one deeded parking space per unit. This area of West Oakland is so vibrant. The neighborhood is super hot thanks to Soba Ichi, Pacific Pipe, and the Oakland Ballers. Prescott Market Hall will be opening soon. Now is the time to take a look at this once again up and coming area.

Last Agent to Sell the Property

Sarah Marcus

License #01967832 Listed on: 08/01/2024

Last Buyer's Agent

Rama Mehra

License #01463395

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,118

Year Built

  • Built in 2015

Lot Details

  • 0.31

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 542630

Community Details

Overview

  • Association fees include reserves, trash, water/sewer, insurance, ground maintenance
  • 11 Units
  • West Oak Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,118

Year Built

Built in 2015

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Stories: 2
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: WEST OAK
  • Directions: 24th Street to Magnolia
  • Building Name: Blue Cap Lofts
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • Structure Type: Conversion
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Gas Range, Microwave, Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Conversion, Eat-in Kitchen, Kitchen Island, Updated Kitchen
  • Room Kitchen Features: Dishwasher, Eat In Kitchen, Gas Range/Cooktop, Island, Microwave, Range/Oven Built-in, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Space Per Unit - 1, Uncovered Parking Space
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Dryer, Washer, In Unit
  • Security: Secured Access
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Setting Urban
  • Association Fee: 217
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Reserves, Trash, Water/Sewer, Insurance, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 13632
  • Parcel Number: 542630
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 16, 2024
Sold by
Alison Roberts Trust and Roberts Alison
Bought by
Lewis Tyler J and Wong Jessica S
Seller's Agent
Sarah Marcus
Buyer's Agent
Rama Mehra
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Views
9
Current Estimated Value
$607,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,980
Avg. Annual Appreciation
-4.42%
Original Mortgage
$504,000
Outstanding Balance
$498,319
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$108,701

Purchase Details

Closed on
Oct 26, 2015
Sold by
2336 Magnolia Llc
Bought by
Roberts Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.81%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lewis Tyler J $640,000 Chicago Title
Roberts Alison $575,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Tyler J $504,000
Previous Owner Roberts Alison $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $640,000 -- --
08/27/2024 08/27/24 Sold $640,000 -1.4% $482 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $649,000 -- $489 / Sq Ft
Source: bridgeMLS

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 $10,118 $633,000 $192,000 $448,000
2024 $10,118 $660,321 $200,196 $467,125
2023 $10,627 $654,240 $196,272 $457,968
2022 $10,352 $634,411 $192,423 $448,988
2021 $9,909 $621,837 $188,651 $440,186
2020 $9,800 $622,391 $186,717 $435,674
2019 $9,438 $610,190 $183,057 $427,133
2018 $9,240 $598,230 $179,469 $418,761
2017 $8,888 $586,500 $175,950 $410,550
2016 $8,498 $575,000 $172,500 $402,500
Source: Public Records

Agents Affiliated with this Home

  • Sarah Marcus

    Seller's Agent in 2024

    Sarah Marcus

    (510) 915-6705

    1 in this area

    48 Total Sales

    Sarah Marcus
    Section Image
  • Rama Mehra

    Buyer's Agent in 2024

    Rama Mehra

    (925) 698-1815

    2 in this area

    265 Total Sales

    Rama Mehra
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41068419

bridgeMLS

APN: 005-0426-030-00

California Alameda County Oakland 94607 West Oakland

2336 Magnolia St Unit 4, Oakland, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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