NOT LISTED FOR SALE

Estimated Value: $756,000 - $911,000

9 Beds
5 Baths
3,543 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $925,000 $261 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,510/month

10 Days on Market

Highlights

  • No HOA
  • Garage
  • No Heating

About This Home

As of July 2023

7.57% CAP Rate | 9.17 GRM | $268 per SqFt Capstone Real Estate Advisors, Inc is pleased to present 2705 E 21st St in Oakland CA for sale. This property features a very attractive unit mix featuring a (1) spacious 3BR/2BA unit and (3) 2BR/1BA units. 2705 E 21st St provides exceptional income with a ~9 GRM and an in-place 7.57% CAP Rate. Two units are Sec-8 tenants, guaranteeing your income and return on investment. PLEASE CONTACT THE LISTING AGENT FOR A FULL MARKETING PACKAGE AND TO SCHEDULE A TOUR.

Last Agent to Sell the Property

Connor McGarty

Capstone Real Estate Advisors License #02085887 Listed on: 05/01/2023

Last Buyer's Agent

Connor McGarty

Capstone Real Estate Advisors License #02085887 Listed on: 05/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,000

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • Garage
  • No Garage

Additional Features

  • 5,000 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 3,543 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: E 21st
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: None
  • Construction Type: None
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: None
  • Utilities: No Water/Sewer
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 22, 2023
Sold by
Prasad-Kanji Family Trust and Prasad William
Bought by
Sun Yi
Seller's Agent
Connor McGarty
Capstone Real Estate Advisors
Buyer's Agent
Connor McGarty
Capstone Real Estate Advisors
List Price
$950,000
Sold Price
$925,000
Premium/Discount to List
-$25,000
-2.63%
Views
43
Current Estimated Value
$809,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,738
Avg. Annual Appreciation
-5.31%
Original Mortgage
$550,500
Outstanding Balance
$534,918
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$274,344

Purchase Details

Closed on
Dec 19, 2006
Sold by
Kanji Kusum and Prasad William Y
Bought by
Prasad William Y and Kanji Kusum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Mike Melvin
Bought by
Kanji Kasum and Prasad William Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sun Yi $917,500 Old Republic Title Company
Prasad William Y -- Old Republic Title Company
Kanji Kasum $650,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Yi $550,500
Previous Owner Prasad William Y $442,000
Previous Owner Kanji Kasum $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $925,000 -- --
07/26/2023 07/26/23 Sold $925,000 -2.6% $261 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $950,000 -- $268 / Sq Ft
Source: Bay East Association of REALTORS®

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 $15,395 $935,850 $280,755 $655,095
2024 $15,395 $917,500 $275,250 $642,250
2023 $15,895 $888,231 $266,469 $621,762
2022 $15,275 $870,817 $261,245 $609,572
2021 $14,334 $853,748 $256,124 $597,624
2020 $14,169 $845,000 $253,500 $591,500
2019 $13,458 $828,431 $248,529 $579,902
2018 $13,174 $812,187 $243,656 $568,531
2017 $11,689 $730,000 $219,000 $511,000
2016 $9,656 $590,000 $177,000 $413,000
2015 $9,040 $540,000 $162,000 $378,000
2014 $9,135 $510,000 $153,000 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41025870

Bay East Association of REALTORS®

APN: 026-0741-001-01