NOT LISTED FOR SALE

2802 38th Ave Oakland, CA 94619

Allendale Neighborhood

Estimated Value: $774,930

Studio
4 Baths
3,171 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 30, 2025

Last sale price $795,000 $251 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,769/month

32 Days on Market

Highlights

  • Wooded Lot
  • Cooling Available
  • Hot Water Heating System
  • No HOA
  • Tile Flooring
  • Garage

About This Home

As of January 2025

Oakland’s 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park, Joaquin Miller Park, etc.), schools (Allendale Elementary, Laurel Elementary, etc.), and the vibrant shopping of both Fruitvale Avenue and MacArthur Boulevard, tenants with families will especially love the versatility of this residence. From a property management standpoint, this is a no-frills investment that requires little in the way of regular expenses because tenants pay for all utilities (excluding garbage). Listed at a very modest $800,000.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 11/20/2024

Keller Williams Realty

Last Buyer's Agent

Grace Nguyen

Realty One Group Future License #01976505

Realty One Group Future

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,493 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Wood Shingle Exterior
  • Wood Siding
  • Shingle Siding
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32205431

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

3,493 Sq Ft Lot

Listing Details

  • Year Built: 1925
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: SouthEast on Allendale Ave, Right on 38th Ave
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete, Laminate, Tile, Carpet
  • Window Features: Window Coverings

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Paved, Wood
  • Construction Type: Concrete, Frame, Wood Siding, Shingles, Siding - Stucco, Wood

Utilities

  • Heating: Electric, Natural Gas, Wall Furnace, Hot Water
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3493
  • Parcel Number: 32205431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 28, 2025
Sold by
Cal Highland Oaks Llc
Bought by
Pham Diana Nguyen and Pham Hien Quy
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Grace Nguyen
Realty One Group Future
List Price
$800,000
Sold Price
$795,000
Premium/Discount to List
-$5,000
-0.62%
Views
28
Current Estimated Value
$774,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,070
Avg. Annual Appreciation
-2.41%
Original Mortgage
$495,000
Outstanding Balance
$357,412
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$417,518

Purchase Details

Closed on
Mar 21, 2017
Sold by
Mai Shaofang
Bought by
Cal Highland Oaks Llc

Purchase Details

Closed on
Oct 20, 2016
Sold by
Peng Zhihua
Bought by
Mai Shaofang

Purchase Details

Closed on
Oct 19, 2016
Sold by
Lau Kam Tat and Lau Oy Wah
Bought by
Mai Shaofang

Purchase Details

Closed on
May 7, 2015
Sold by
Lau Kam Tat and Lau Oy Wah
Bought by
Kam Tat Lau & Oy Wah Lau Revocable Trust

Purchase Details

Closed on
May 12, 1994
Sold by
Wu Hsien E and Wu Amy F
Bought by
Lau Kam Tat and Lau Oy Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pham Diana Nguyen $795,000 Fidelity National Title Compan
Cal Highland Oaks Llc -- None Available
Mai Shaofang -- Chicago Title Company
Mai Shaofang $412,000 Chicago Title Company
Kam Tat Lau & Oy Wah Lau Revocable Trust -- None Available
Lau Kam Tat -- None Available
Lau Kam Tat $145,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Diana Nguyen $495,000
Previous Owner Lau Kam Tat $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $800,000 -- --
01/30/2025 01/30/25 Sold $795,000 -0.6% $251 / Sq Ft
11/20/2024 11/20/24 For Sale $800,000 -- $252 / 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 $9,463 $546,297 $179,886 $366,411
2024 $9,463 $535,588 $176,360 $359,228
2023 $9,839 $525,087 $172,902 $352,185
2022 $9,479 $514,792 $169,512 $345,280
2021 $8,135 $455,680 $166,189 $289,491
2020 $8,042 $451,010 $164,486 $286,524
2019 $7,568 $442,170 $161,262 $280,908
2018 $7,414 $433,500 $158,100 $275,400
2017 $6,940 $412,000 $150,000 $262,000
2016 $3,985 $208,183 $64,608 $143,575
2015 $3,960 $205,057 $63,638 $141,419
2014 $3,969 $201,041 $62,392 $138,649
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2025

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    1 in this area

    145 Total Sales

    Joey Wang
    Section Image
  • Grace Nguyen

    Buyer's Agent in 2025

    Grace Nguyen

    Realty One Group Future

    (510) 304-0888

    1 in this area

    20 Total Sales

    Grace Nguyen
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41079333

bridgeMLS

APN: 032-2054-031-00

California Alameda County Oakland 94619 Allendale

2802 38th Ave, Oakland, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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