NOT LISTED FOR SALE
Studio
-- Bath
5,118 Sq Ft
7,950 Sq Ft Lot

Sale Details

Date Sold: February 25, 2022

Last sale price $1,625,000 $318 Per Sq Ft

157 Days on Market

Highlights

  • Updated Kitchen
  • Engineered Wood Flooring
  • Tankless Water Heater
  • Secluded Lot
  • No HOA
  • Garden

About This Home

As of February 2022

This 8-Unit property in Lower Dimond is ideal for an owner/occupant buyer or investor. A well-maintained example of classic workingman’s housing, the property is clean and bright and offers a blend of modern updates and vintage details. Two structures offer a mix of eight 1-bed and 2-bed apartments, all separately metered for water, gas & electric, with on-site laundry and parking for seven cars. Recent improvements include new electrical and plumbing, new flooring and exterior paint, updated kitchens and bathrooms, skylights and more! Situated in a perfect commuter location, the property is close to the 580 freeway, and within walking distance to BART, Farmer Joe's, CVS, Peet's, and numerous eateries. Nearby Joaquin Miller and Redwood Regional Park offer miles of hiking trails, and Downtown Oakland is just a short drive away. Don’t miss this rare opportunity to own a fabulous income-producing property in Oakland.

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 07/26/2021

Last Buyer's Agent

Doraliz Guizar

Dr Real Estate Inc License #02107953

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,950 Sq Ft Lot
  • Secluded Lot
  • Garden
  • Front Yard

Parking

  • Off-Street Parking

Home Design

  • Quadruplex

Kitchen

  • Updated Kitchen

Flooring

  • Engineered Wood
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Multiple Heating Units
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 028 090000300

Community Details

Overview

  • No Home Owners Association
  • 5,118 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

7,950 Sq Ft Lot

Listing Details

  • Year Built: 1945
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Directions: google maps
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood, Engineered Wood
  • Basement: None
  • Appliances: Tankless Water Heater
  • Interior Amenities: Updated Kitchen

Exterior Features

  • Lot Features: Secluded, Front Yard, Garden
  • Construction Type: Other
  • Exterior Features: Garden/Play

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: MultiUnits
  • Utilities: Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: RM-3
  • Lot Size Sq Ft: 7950
  • Parcel Number: 028 090000300
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 16, 2022
Sold by
Bought by
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Doraliz Guizar
Dr Real Estate Inc
List Price
$1,600,000
Sold Price
$1,625,000
Premium/Discount to List
$25,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Outstanding Balance
$975,336
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,391,351
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,625,000 Chicago Title
$1,249,000 Ctc Cpf Alameda
$605,000 Old Republic Title Company
$400,000 First American Title Guarant
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,030,000
Previous Owner $1,345,000
Previous Owner $1,391,351
Previous Owner $403,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,625,000 -- --
02/25/2022 02/25/22 Sold $1,625,000 +1.6% $318 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $1,600,000 0.0% $313 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/12/2021 10/12/21 Price Changed $1,600,000 -5.8% $313 / Sq Ft
08/18/2021 08/18/21 Price Changed $1,698,000 -5.6% $332 / Sq Ft
07/26/2021 07/26/21 For Sale $1,798,000 -- $351 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $29,478 $1,754,601 $528,220 $1,226,381
2025 $29,478 $1,720,204 $517,865 $1,202,339
2024 $28,238 $1,686,488 $507,715 $1,178,773
2023 $29,426 $1,653,420 $497,760 $1,155,660
2022 $23,590 $1,285,108 $515,280 $769,828
2021 $21,848 $1,259,918 $505,180 $754,738
2020 $21,611 $1,249,040 $500,000 $749,040
2019 $12,681 $665,717 $166,687 $499,030
2018 $12,404 $652,711 $163,419 $489,292
2017 $11,665 $640,611 $160,215 $480,396
2016 $11,342 $629,217 $157,074 $472,143
2015 $11,268 $619,830 $154,716 $465,114
2014 $11,705 $607,768 $151,685 $456,083
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 40960463

bridgeMLS
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