$720,000
SOLD JAN 3, 2025
6 Beds
5 Baths
2,212 Sq Ft
4,948 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

9% Below List Price

91 Days on Market

About This Home

As of January 2025

This rare detached duplex in Oakland presents and outstanding investment opportunity with a 5.5% cap rate and potential rental income of $5,700 per month. Offered AS-IS, it's the perfect canvas to bring your own vision and personal touch. Set on a 4,950 sqft lot, this property features 6 bedrooms, 5 bathrooms, and a generous 2,212 sqft of living space. Enjoy the serenity of a wide, quiet street with stunning Bay views, while taking advantage of the extra storage rooms located at the back of the property. Don't miss out on this opportunity to start or add to your real estate portfolio!

Last Agent to Sell the Property

Evan Huynh

KW Silicon City License #01428954 Listed on: 10/01/2024

KW Silicon City

Last Buyer's Agent

Trung Lam

KW Silicon City License #01317941

KW Silicon City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,342

Year Built

  • 1943

Lot Details

  • 4,948 Sq Ft Lot

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 2,212 Sq Ft Home
  • Crawl Space

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $27,000

Community Details

Overview

  • 2,212 Sq Ft Building

Building Details

  • 2,300 Leased Units
  • Insurance Expense $1,200
  • Utility Expense $2,400
  • Trash Expense $600
  • Operating Expense $9,834
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,342

Year Built

1943

Lot Details

0

Listing Details

  • Zoning: D-LM-1
  • Subclass: Duplex
  • Age: 81
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2212
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

  • Living Sq Ft: 2212

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: No Garage, Parking Area

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified
  • Elementary School: Manzanita Community
  • Middle School: Roosevelt Middle
  • High School: Oakland High
  • High School: 27148
  • Elementary School: 27193
  • Middle School: 27225

Lot Info

  • Lot Acres: 0.1136
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4950.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4950.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.22
  • Number Of Leased: 2300

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1200
  • Expenses Total: 9834
  • Expenses Utility: 2400
  • Expense Trash: 600
  • Income Annual Gross: 27000.00
  • Income Annual Rental: 27000
  • Income Gross Scheduled: 27000
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 23, 2024
Sold by
Lam Lily Trinh
Bought by
Hsiao Shih-Chia and Liao An-Ping
Seller's Agent
Evan Huynh
KW Silicon City
Buyer's Agent
Trung Lam
KW Silicon City
List Price
$789,000
Sold Price
$720,000
Premium/Discount to List
-$69,000
-8.75%
Views
25
Current Estimated Value
$735,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,990
Avg. Annual Appreciation
1.22%

Purchase Details

Closed on
Feb 24, 2023
Sold by
Lam Trung Toan
Bought by
Lam Lily Trinh

Purchase Details

Closed on
Apr 4, 2022
Sold by
Lam Lily Trinh
Bought by
Lam Lily Trinh and Lam Truong Toan

Purchase Details

Closed on
Apr 21, 2003
Sold by
Livin Lam Lily Trinh and Livin Lily Trinh Lam Revocable
Bought by
Lam Lily Trinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.72%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Lam Trinh Thi Ngoc
Bought by
Lam Lily Trinh and The Lily Trinh Lam Revocable L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 9, 2001
Sold by
Lam Trinh Thi Ngoc and Tran Ann
Bought by
Lam Trinh Thi Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.89%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Dinh Nam and Dinh Crystal P
Bought by
Lam Trinh Thi Ngoc and Tran Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,871
Interest Rate
7.4%
Mortgage Type
FHA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $720,000 Fidelity National Title Compan
Gift Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Grant Deed $138,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,550 New Conventional
Previous Owner $353,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $281,300 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $315,000 Negative Amortization
Previous Owner $332,000 Unknown
Previous Owner $125,000 Stand Alone First
Previous Owner $332,000 Unknown
Previous Owner $41,500 Credit Line Revolving
Previous Owner $332,000 No Value Available
Previous Owner $288,000 Unknown
Previous Owner $200,000 No Value Available
Previous Owner $136,871 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $720,000 -8.7% $325 / Sq Ft
01/01/2025 01/01/25 Pending -- -- --
10/01/2024 10/01/24 For Sale $789,000 -- $357 / Sq Ft
Source: MLSListings

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 $9,342 $720,000 $220,000 $500,000
2024 $9,342 $287,421 $63,223 $224,198
2023 $6,276 $281,787 $61,984 $219,803
2022 $5,871 $276,263 $60,769 $215,494
2021 $5,445 $270,846 $59,577 $211,269
2020 $5,382 $268,069 $58,966 $209,103
2019 $5,073 $262,814 $57,810 $205,004
2018 $4,970 $257,662 $56,677 $200,985
2017 $4,737 $252,611 $55,566 $197,045
2016 $4,528 $247,660 $54,477 $193,183
2015 $4,500 $243,942 $53,659 $190,283
2014 $4,570 $239,164 $52,608 $186,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81985083

MLSListings

APN: 022-0328-002-01