NOT LISTED FOR SALE
11 Beds
-- Bath
4,869 Sq Ft
9,515 Sq Ft Lot Lot

Sale Details

Date Sold: June 15, 2022

Last sale price $2,200,000 $452 Per Sq Ft

242 Days on Market

Highlights

  • Rooftop Deck
  • 0.22 Acre Lot
  • 4 Car Detached Garage
  • Bay View
  • Wood Flooring
  • 3-minute walk to Bella Vista Park

About This Home

As of June 2022

Rare find in quiet Bella Vista neighborhood Oakland CA. 6 Unique and charming view flats in three free-standing buildings spread over a 9,500 sq.ft. lot surrounded with mature trees, garden, and a private driveway. The popular Lake Merritt shops, restaurants, and services are close by. Highland Hospital as well as Park Boulevard are a short walk. The property is also in a great commuter hub with BART, 580, 880, 980, and near major transportation. Immaculately maintained buildings consist of two-1BR/1BA flats; three-2BR/1BA flats, vacant and remodeled; and one-3BR/2BA flat with a private backyard. All flats have their own private entrance. 2 separate garages with 4 parking spaces. Add the value to the property of the recent renovation to converting vacant units from 1BRs to 2BRs on adding rental value significantly. Major improvements in 2017 and 2021. Rare find an excellent opportunity for owner user, investor, and 1031 exchanger alike for this low maintenance property.

Last Agent to Sell the Property

Lucy Yeung

SF City Properties License #DRE #00715161 Listed on: 10/09/2021

Last Buyer's Agent

Bruce wagg

KW Santa Clara Valley, Inc. License #01760054

KW Santa Clara Valley, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 9,515 Sq Ft Lot

Property Views

  • Bay
  • Downtown

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • Low Flow Toliet
  • 4,869 Sq Ft Home
  • Fireplace
  • Double Pane Windows

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Side by Side Parking

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, parking fee, sewer, water
  • Assessor Parcel Number 23-389-5

Community Details

Overview

  • 6 Units

Building Details

  • 3 Leased Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled

Lot Details

9,515 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Flats
  • Architectural Style: Flat
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Other Equipment: Low-Flow Toilet(s)
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Storage Area
  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Refrigerator, Gas Water Heater, Microwave, Tankless Water Heater, Varies By Unit
  • Flooring: Tile, Wood
  • Price Per Square Foot: 451.84
  • Square Footage: 4869.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Patio And Porch Features: Uncovered Deck, Uncovered Patio, Varies By Unit
  • View: Bay, City, Downtown

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Features: Detached, Garage, Side-by-Side
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 3.00
  • Independent Parking Spaces: 4

Utilities

  • Heating: Electric, Fireplace(s), Gas, Varies By Unit
  • Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector
  • Water Source: Meter on Site, Public

Lot Info

  • Assessor Parcel Number: 23-389-5
  • Lot Features: None
  • Lot Size Acres: 0.2184
  • Lot Size Sq Ft: 9515.00
  • Lot Size Units: SqFt
  • Price Per Acre: 10073260.07

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee, Sewer, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 13.35
  • Number Of1 Bedrooms Occupied: 2
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 3
  • Separate Meters: Electricity, Gas, Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $2,200,000 -9.3% $452 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $2,425,000 +10.2% $498 / Sq Ft
04/30/2022 04/30/22 Off Market $2,200,000 -- --
10/09/2021 10/09/21 For Sale $2,425,000 -- $498 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $34,312 $2,331,456 $700,392 $1,631,064
2024 $34,312 $2,285,758 $686,664 $1,599,094
2023 $36,065 $2,240,940 $673,200 $1,567,740
2022 $29,947 $1,835,220 $550,499 $1,284,721
2021 $28,377 $1,799,239 $539,706 $1,259,533
2020 $28,080 $1,782,843 $534,174 $1,248,669
2019 $26,849 $1,747,932 $523,702 $1,224,230
2018 $26,275 $1,713,711 $513,437 $1,200,274
2017 $25,164 $1,679,934 $503,370 $1,176,564
2016 $25,148 $1,647,030 $493,500 $1,153,530
2015 $7,726 $397,086 $198,569 $198,517
2014 $8,070 $389,344 $194,679 $194,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421601822

San Francisco Association of REALTORS®
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