$1,005,000
SOLD APR 24, 2025
8 Beds
-- Bath
4,506 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

8% Below List Price

28 Days on Market

Highlights

  • Bay View
  • Edwardian Architecture
  • Bay Window
  • Private Lot
  • Bamboo Flooring
  • Double Pane Windows

About This Home

As of April 2025

Fantastic investment opportunity in Oakland! This fully vacant 4-unit building offers great rental income potential or flexible living arrangements. Unit 1: Street-level with 3 bedrooms, 2 baths, and generous living and dining areas. Updated kitchen for modern comfort. Unit 2 & Unit 3: Located on the second floor, Unit 2 with 1 bedrooms and 1 bath. Unit 3 features an extra-large bathroom. Unit 4: Ground floor with 2 bedrooms and 1 bath. Located in a lively Oakland neighborhood, this property is close to local dining, shopping, and public transportation, making it a prime choice for tenants or homeowners. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Yi He

KW Santa Clara Valley, Inc. License #DRE #01910600 Listed on: 03/07/2025

KW Santa Clara Valley, Inc.

Last Buyer's Agent

Chau Nguyen

Alliance Bay Realty License #01957428

Alliance Bay Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,000 Sq Ft Lot
  • Private Lot

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Edwardian Architecture
  • Concrete Foundation

Interior Spaces

  • 4,506 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Bay Window
  • Bay Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Linoleum

Utilities

  • Separate Meters

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 028-0920-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Original
  • Levels: Three
  • Stories: 3
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator
  • Flooring: Bamboo, Carpet, Linoleum
  • Price Per Square Foot: 223.04
  • Square Footage: 4506.00
  • Window Features: Bay Window(s), Dual Pane Full

Exterior Features

  • Foundation: Concrete
  • View: Bay

Garage/Parking

  • Carport Spaces: 2.00

Utilities

  • Heating: Separate
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 028-0920-025
  • Irrigation: Meter on Site, Public District
  • Lot Features: Private, Shape Regular, Sidewalk
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 10947712.42

Building Info

  • Number of Units Total: 4

Rental Info

  • Units Furnished: All Units

Multi Family

  • Number Of Units Vacant: 4
  • Number of 3 Bedroom Units: 1
  • Separate Meters: Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 10, 2025
Sold by
Ip Living Trust and Ip Shun Lai
Bought by
Davis Sabatino and Tracy Hang Tracy
Seller's Agent
Yi He
KW Santa Clara Valley, Inc.
Buyer's Agent
Chau Nguyen
Alliance Bay Realty
List Price
$1,090,000
Sold Price
$1,005,000
Premium/Discount to List
-$85,000
-7.8%
Views
25
Current Estimated Value
$986,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,935
Avg. Annual Appreciation
-3.02%
Original Mortgage
$804,000
Outstanding Balance
$800,431
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$185,634

Purchase Details

Closed on
Jun 14, 2018
Sold by
Ip Shun Lai
Bought by
Ip Shun Lai and Ip Living Trust

Purchase Details

Closed on
Apr 25, 2018
Sold by
Leong Chew Sun
Bought by
Ip Shun Lai

Purchase Details

Closed on
Feb 15, 2018
Sold by
Ip Shun Lai
Bought by
Ip Shun Lai and Ip Living Trust

Purchase Details

Closed on
Nov 28, 2014
Sold by
Liang Chin Yuan
Bought by
The Chin Liang & Shun Ip Living Trust
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 Type Sale Price Title Company
Grant Deed $1,005,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $804,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $1,005,000 -7.8% $223 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $1,090,000 -- $242 / Sq Ft
Source: San Francisco 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 $10,312 $524,582 $134,117 $397,465
2024 $10,312 $514,161 $131,488 $389,673
2023 $10,622 $510,943 $128,910 $382,033
2022 $10,084 $493,927 $126,383 $374,544
2021 $9,255 $484,105 $123,905 $367,200
2020 $9,142 $486,072 $122,635 $363,437
2019 $8,545 $476,541 $120,230 $356,311
2018 $5,247 $239,146 $43,861 $195,285
2017 $4,912 $234,458 $43,001 $191,457
2016 $4,696 $229,861 $42,158 $187,703
2015 $4,662 $226,410 $41,525 $184,885
2014 $4,419 $188,969 $28,732 $160,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425016144

San Francisco Association of REALTORS®

APN: 028-0920-025-00