NOT LISTED FOR SALE
Studio
-- Bath
28,399 Sq Ft
0.68 Acres

Last Sold August 21, 2023

Last sale price $11,650,000 $410 Per Sq Ft

142 Days on Market

Highlights

  • 0.68 Acre Lot
  • Wood Flooring
  • Security Gate
  • Oakland Technical High School Rated A
  • No HOA
  • Rectangular Lot

About This Home

As of August 2023

237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Last Agent to Sell the Property

Timothy Warren

Nai Northern California License #02008347 Listed on: 11/14/2022

Nai Northern California

Last Buyer's Agent

Timothy Warren

Nai Northern California License #02008347 Listed on: 11/14/2022

Nai Northern California

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.68 Acre Lot
  • Rectangular Lot

Parking

  • Carport

Home Design

  • Composition Roof
  • Stucco

Flooring

  • Wood Flooring

Home Security

  • Security Gate
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 28,399 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 129964 & 5

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.68
  • Directions: Broadway
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: None
  • Appliances: Gas Water Heater
  • Interior Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Regular
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carports - 2 Or More, Covered

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Individual Gas Meter
  • Cooling: None
  • Security: Fire Alarm, Security Gate
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 30000
  • Parcel Number: 129964 & 5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4041.02
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $11,650,000 -- --
01/07/2024 01/07/24 Price Changed $2,200 +11.7% $4 / Sq Ft
12/01/2023 12/01/23 Price Changed $1,969 -10.5% $4 / Sq Ft
11/29/2023 11/29/23 For Rent $2,200 0.0% --
08/21/2023 08/21/23 Sold $11,650,000 -10.0% $410 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/07/2023 02/07/23 Price Changed $12,950,000 -5.8% $456 / Sq Ft
11/14/2022 11/14/22 For Sale $13,750,000 -- $484 / Sq Ft
Source: bridgeMLS

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 $92,582 $5,938,980 $1,713,600 $4,215,660
2024 $92,582 $5,822,720 $1,680,000 $4,133,000
2023 $108,524 $6,561,780 $1,968,534 $4,593,246
2022 $43,747 $6,433,140 $1,929,942 $4,503,198
2021 $39,088 $1,977,327 $188,421 $1,788,906
2020 $38,658 $1,963,784 $186,489 $1,777,295
2019 $35,397 $1,925,413 $182,833 $1,742,580
2018 $34,607 $1,887,797 $179,248 $1,708,549
2017 $32,408 $1,850,926 $175,735 $1,675,191
2016 $31,687 $1,814,771 $172,290 $1,642,481
2015 $31,480 $1,787,620 $169,702 $1,617,918
2014 $32,173 $1,750,014 $166,378 $1,583,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41014158

bridgeMLS
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