NOT LISTED FOR SALE

Estimated Value: $1,059,136 - $1,529,000

8 Beds
4 Baths
3,380 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $1,340,000 $396 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,072/month

26 Days on Market

Highlights

  • Wood Flooring
  • Security Gate
  • Wall Furnace
  • No HOA
  • Fenced
  • 2-minute walk to Manzanita Recreation Center

About This Home

As of July 2021

Rare investment opportunity to own a large fourplex and live in one gorgeous unit with rent free in the desirable Lake Merritt area! Centrally located fourplex near Highland Hospital and Freeway I-580. Surrounded by single family houses on a quiet street. Plenty of street parking and each unit has a designated parking space in front of the building. Spacious front yard and back yard with beautiful landscape area. Vacant unit D was renovated in 2021 with permit. Ideal for the owner occupied unit with low interest rate locked for 30 years! Owner gets income from onsite laundry, parking, and storages. This building was professionally managed by Happy Home Partners since 2009. It was well maintained building and has strong rent upside for the new owner. Unit D is available for showing. All other three units can be inspected after the offer is accepted. Please use the link below for Matterport 3D Virtual Tour:

Last Agent to Sell the Property

Bing Udinsky

BING REALTY License #01876139 Listed on: 05/21/2021

Last Buyer's Agent

PEI CHUN CHANG

License #01996509

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Back and Front Yard

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,380 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 2678816

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Year Built: 1967
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: 23RD AVE
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Fireplace: No
  • Interior Amenities: Storage, Tub w/Shower Over

Exterior Features

  • Fencing: Fenced
  • Lot Features: Back Yard, Front Yard
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 2678816
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Birch8330 Lp
Bought by
Udinsky Jerald and Udinslw Bing
Current Estimated Value
$1,221,816

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 16, 2021
Sold by
Udinsky Jerald and Udinsky Bing
Bought by
Mehta Chetan
Seller's Agent
Bing Udinsky
BING REALTY
Buyer's Agent
PEI CHUN CHANG
List Price
$1,388,000
Sold Price
$1,340,000
Premium/Discount to List
-$48,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%
Original Mortgage
$1,072,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2016
Sold by
Birch8330 Lp
Bought by
Udinsky Jerald and Udinsky Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Udinsky Jerald and Udinsky Bing
Bought by
Birch8330 Lp

Purchase Details

Closed on
Aug 2, 2012
Sold by
Udinsky Bing
Bought by
Udinsky Jerald and Udinsky Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Udinsky Bing H
Bought by
Udinsky Jerald and Udinsky Bing

Purchase Details

Closed on
Feb 27, 2009
Sold by
Jessie Luther T and Jessie Candice M
Bought by
Udinsky Bing H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2009
Sold by
Udinsky Jerald
Bought by
Udinsky Bing H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2008
Sold by
Mcgee Garry L
Bought by
Jessie Luther T and Jessie Candice M

Purchase Details

Closed on
Aug 16, 2007
Sold by
Jessie Luther and Jessie Candice M
Bought by
Mcgee Garry L

Purchase Details

Closed on
Sep 6, 2005
Sold by
Mcgee Garry L
Bought by
Jessie Luther and Jessie Candice M

Purchase Details

Closed on
Jun 29, 2005
Sold by
Mcgee Garry Lee and Mcgee Garry L
Bought by
Mcgee Garry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Mcgee Valerie
Bought by
Mcgee Garry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Caulfield Saches
Bought by
Mcgee Garry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage
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
Udinsky Jerald -- Old Republic Title
Mehta Chetan $1,340,000 Old Republic Ttl Co Oakland
Udinsky Jerald -- North American Title Company
Birch8330 Lp -- None Available
Udinsky Jerald -- Chicago Title Company
Udinsky Bing -- Chicago Title Company
Udinsky Bing -- Chicago Title Company
Udinsky Jerald -- None Available
Udinsky Bing H $355,000 Old Republic Title Company
Udinsky Bing H -- Old Republic Title Company
Jessie Luther T -- None Available
Mcgee Garry L -- None Available
Jessie Luther -- --
Mcgee Garry Lee -- Commonwealth Land Title
Mcgee Garry L -- Fidelity National Title Co
Mcgee Garry L $570,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Chetan $1,072,000
Previous Owner Udinsky Jerald $504,000
Previous Owner Udinsky Bing $260,000
Previous Owner Udinsky Bing H $266,250
Previous Owner Mcgee Garry Lee $680,000
Previous Owner Mcgee Garry L $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,340,000 -- --
07/20/2021 07/20/21 Sold $1,340,000 -3.5% $396 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,388,000 0.0% $411 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,388,000 -- $411 / 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 $21,402 $1,422,007 $426,602 $995,405
2024 $21,402 $1,394,135 $418,240 $975,895
2023 $22,462 $1,366,800 $410,040 $956,760
2022 $21,736 $1,340,000 $402,000 $938,000
2021 $8,406 $422,318 $126,695 $295,623
2020 $8,303 $417,990 $125,397 $292,593
2019 $7,728 $409,797 $122,939 $286,858
2018 $7,565 $401,763 $120,529 $281,234
2017 $7,156 $393,886 $118,166 $275,720
2016 $6,902 $386,164 $115,849 $270,315
2015 $6,860 $380,367 $114,110 $266,257
2014 $7,164 $372,920 $111,876 $261,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40951113

bridgeMLS

APN: 026-0788-016-00

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