Seller's Agent in 2023
Timothy Warren
Nai Northern California
(510) 336-4719
4 in this area
43 Total Sales
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
Nai Northern California License #02008347 Listed on: 11/14/2022
| 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 |
| 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 |
Seller's Agent in 2023
Timothy Warren
Nai Northern California
(510) 336-4719
4 in this area
43 Total Sales
Source: bridgeMLS
MLS Number: 41014158
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