NOT LISTED FOR SALE

296 Lester Ave Oakland, CA 94606

Cleveland Heights Neighborhood
16 Beds
-- Bath
6,080 Sq Ft
6,000 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $2,450,000 $403 Per Sq Ft

57 Days on Market

Highlights

  • Rooftop Deck
  • Midcentury Modern Architecture
  • Wood Flooring
  • Downtown View
  • Private Lot
  • 4-minute walk to Pine Knoll Park

About This Home

As of October 2021

This gated tri-level building is nestled in the hillside above Lake Merritt in the highly desirable Cleveland Heights neighborhood. It consists of 8 units, 2Bd/1BA each, outside communal decks and includes onsite coin laundry & rentable carport parking. Located near cultural centers, year-around festivals and farmers markets, shopping, dining, public transportation, and easy freeway access. Schedule your showing today! Unit #3 is the only available unit for viewing. Do not disturb tenants.

Last Agent to Sell the Property

John Lisanti

Berkshire Hathaway Drysdale Pr License #00372418 Listed on: 07/28/2021

Berkshire Hathaway Drysdale Pr

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot
  • Private Lot

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Elastomeric Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,080 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Window Screens
  • Downtown Views

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Disposal

Flooring

  • Wood
  • Tile

Home Security

  • Window Bars
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • 6 Carport Spaces
  • Uncovered Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 021022703303

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Coin Laundry

Building Details

  • 6 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Apartments
  • Architectural Style: Mid-Century
  • Property Condition: Varies By Unit
  • Accessibility Features: Varies By Unit
  • Levels: Three
  • Other Equipment: Varies By Unit
  • Stories: 3
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Basement: None, Other
  • Appliances: Disposal, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Varies By Unit
  • Flooring: Tile, Varies By Unit, Wood
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 402.96
  • Square Footage: 6080
  • Window Features: Caulked/Sealed, Dual Pane Full, Varies By Unit, Weather Stripped, Window Screens

Exterior Features

  • Construction Materials: Concrete, Frame, Stucco, Wood, Wood Siding
  • Foundation: Concrete, Pillar/Post/Pier, Slab
  • Patio And Porch Features: Balcony/Deck, Covered Patio, Uncovered Deck
  • Roof: Elastomeric, Flat
  • View: City, City Lights, Downtown, Varies By Unit

Garage/Parking

  • Carport Spaces: 6
  • Parking Features: Carport, Covered, Leased, Off Street, Uncovered
  • Total Parking Spaces: 12
  • Covered Parking Spaces: 6
  • Tandem Parking Spaces: 6

Utilities

  • Cooling: Varies By Unit
  • Electric: 220 Volts
  • Heating: Central, Natural Gas
  • Security Features: Carbon Mon Detector, Fire Alarm, Fire Extinguisher, Security Gate, Smoke Detector, Varies By Unit, Window Security Bars
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 021022703303
  • Lot Features: Private, Sidewalk
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Lot Size Units: SqFt
  • Price Per Acre: 17792302.11
  • Special Zones: Unknown
  • Zoning: Cleveland Heights

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 8

Tax Info

  • County Transfer Tax Rate: 1.20

Multi Family

  • Number Of Units Vacant: 2
  • Number Of2 Bedrooms Occupied: 6
  • Number Of Units Leased: 6
  • Separate Meters: Electricity
  • Total Number Leasable: 8

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $2,450,000 -2.0% $403 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $2,500,000 -5.7% $411 / Sq Ft
07/28/2021 07/28/21 For Sale $2,650,000 -- $436 / 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 $39,441 $2,214,120 $660,000 $1,540,000
2024 $39,441 $2,214,120 $670,000 $1,530,000
2023 $41,388 $2,511,036 $734,400 $1,776,636
2022 $40,008 $2,477,332 $720,000 $1,741,800
2021 $13,251 $634,288 $190,286 $444,002
2020 $13,104 $629,722 $188,336 $441,386
2019 $12,020 $617,416 $184,644 $432,772
2018 $11,752 $604,998 $181,024 $423,974
2017 $11,025 $593,168 $177,475 $415,693
2016 $10,697 $581,509 $173,996 $407,513
2015 $10,625 $572,797 $171,382 $401,415
2014 $11,041 $561,609 $168,026 $393,583
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Lisanti

    Berkshire Hathaway Drysdale Pr

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Sales

    Non Multiple Participant

See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 421590354

San Francisco Association of REALTORS®
California Alameda County Oakland 94606 Cleveland Heights

296 Lester Ave, Oakland, CA

Not Listed for Sale

MultiFamily

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