$1,885,000
SOLD MAY 16, 2025
-- Bed
-- Bath
12,080 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

16% Below List Price

20 Days on Market

Highlights

  • 0.23 Acre Lot
  • No HOA
  • 4-minute walk to Gwen Jackson Park
  • Wood Flooring
  • Wall Furnace

About This Home

As of May 2025

Elevate your investment portfolio with this exceptional opportunity in Oakland, CA. The property boasts a substantial 12,080 SF building featuring 17 units designed for optimum comfort and convenience. From spacious three-bedroom units to functional studios, each residence is individually metered for electric, ensuring efficient operations. The presence of an on-site secure garage parking area adds in-demand convenience for tenants. Strategically situated in Oakland's coveted Cleveland Heights neighborhood, near Lake Merritt and major transportation routes, this multifamily, low-rise/garden property offers an attractive prospect for savvy investors seeking a prime location and a diverse range of rental units to meet market demands.

Last Agent to Sell the Property

Stephen Pagones

Oak Tree Property Group License #01760998 Listed on: 02/18/2025

Co-Listed By

Michael Pagones

Oak Tree Property Group License #01749383

Last Buyer's Agent

Stephen Pagones

Oak Tree Property Group License #01760998 Listed on: 02/18/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1931

Parking

  • Parking Lot

Home Design

  • Stucco

Flooring

  • Wood
  • Linoleum
  • Tile

Home Security

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 2785918

Community Details

Overview

  • No Home Owners Association
  • 12,080 Sq Ft Building
  • Bay East Association

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Year Built: 1931
  • Property Sub Type: Lowrise (1-3 Flrs)
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: SPAG01
  • Directions: I580E to Fruitvale Dr to Capp
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Linoleum, Tile
  • Basement: None
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Security: Fire Alarm, Fire Sprinkler System
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10000
  • Parcel Number: 2785918
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4066.02

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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
05/16/2025 05/16/25 Sold $1,885,000 -16.2% $156 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $2,250,000 -- $186 / Sq Ft
Source: Bay East 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 $33,072 $1,573,994 $400,198 $1,166,116
2024 $33,072 $1,543,289 $392,353 $1,143,256
2023 $33,892 $1,505,500 $384,660 $1,120,840
2022 $31,788 $1,483,555 $377,120 $1,098,870
2021 $28,476 $1,454,617 $369,726 $1,084,891
2020 $28,170 $1,444,701 $365,937 $1,078,764
2019 $25,849 $1,416,627 $358,764 $1,057,863
2018 $25,266 $1,387,967 $351,731 $1,036,236
2017 $23,691 $1,360,975 $344,834 $1,016,141
2016 $23,135 $1,334,517 $338,074 $996,443
2015 $22,989 $1,314,649 $332,998 $981,651
2014 $23,712 $1,289,120 $326,475 $962,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41086259

Bay East Association of REALTORS®