$485,000
SOLD AUG 1, 2025
3 Beds
4 Baths
2,015 Sq Ft
3,350 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

30% Below List Price

123 Days on Market

About This Home

As of August 2025

Open House Friday 6.13.2025 10:00 AM - 11:30 AM The property is now vacant. The front left side house needs a complete remodel and is gutted down to the studs. the cottage on the front right side of the property and the back cottage are vacant and move in ready. 2857 Ford Street Oakland CA 94601 is an exceptional investment opportunity in the Fruitvale District in Oakland. This property is located in the borderline part of Oakland and Alameda, offering a great location for investors. There are three separate buildings within one parcel. What truly sets this property apart is its location and potential. Two of the units are currently being leased, (1) 1 Bed 1 Bath and (1) Studio, the other building has the potential to be renovated and split into (2) 1 Bed 1 Bath units. Oakland general plan is currently in phase 2, this includes, building a transportation system with safe and reliable options for everyone, Create more livable and walkable neighborhoods with access to grocery stores, entertainment, stores, libraries, and parks and Improve city infrastructure, including roads, bridges, sidewalks, public restrooms, and fire stations

Last Agent to Sell the Property

Jodene Collings Hayes

Compass License #01962093 Listed on: 02/26/2025

Compass

Co-Listed By

Dusty Blackman

Compass License #01999734

Last Buyer's Agent

Richard Krinks

BHHS Drysdale Properties License #01095444

BHHS Drysdale Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,818

Year Built

  • 1916

Lot Details

  • 3,350 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $42,060
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,015 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,900
  • Maintenance Expense $1,200
  • Other Expense $3,831
  • Operating Expense $13,169
  • Gross Income $40,798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,818

Year Built

1916

Lot Details

0

Listing Details

  • Zoning: D-CE-3 , S-19
  • Subclass: Fourplex
  • Age: 109
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Living Sq Ft: 2015
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Uncovered Parking

Utilities

  • Sewer/Septic System: Sewer - Private

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.0769
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3350.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 11.52
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1900
  • Expense Maintenance: 1200
  • Expenses Other: 3831
  • Expenses Total: 13169
  • Income Annual Gross: 40798.00
  • Income Annual Rental: 42060
  • Income Gross Scheduled: 42060
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Silveira William J and Silveira Bill J
Bought by
One Thin Dime Llc

Purchase Details

Closed on
Aug 7, 1997
Sold by
Mcqueen Johnnie
Bought by
Silveira Bill
Source: Public Records

Range of Values:

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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 -- None Available
Grant Deed $50,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $485,000 +0.1% $241 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $484,500 -0.1% $240 / Sq Ft
05/13/2025 05/13/25 Price Changed $485,000 -2.0% $241 / Sq Ft
04/14/2025 04/14/25 Price Changed $495,000 -28.8% $246 / Sq Ft
02/26/2025 02/26/25 For Sale $695,000 -- $345 / Sq Ft
Source: MLSListings

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 $4,818 $79,833 $23,950 $55,883
2024 $4,818 $78,267 $23,480 $54,787
2023 $4,760 $76,733 $23,020 $53,713
2022 $4,318 $75,228 $22,568 $52,660
2021 $3,616 $73,754 $22,126 $51,628
2020 $3,564 $72,997 $21,899 $51,098
2019 $3,098 $71,567 $21,470 $50,097
2018 $3,033 $70,164 $21,049 $49,115
2017 $2,772 $68,788 $20,636 $48,152
2016 $2,597 $67,440 $20,232 $47,208
2015 $2,574 $66,427 $19,928 $46,499
2014 $2,739 $65,125 $19,537 $45,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81995612

MLSListings

APN: 025-0676-002-00