NOT LISTED FOR SALE
Studio
-- Bath
12,080 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: May 16, 2025

Last sale price $1,885,000 $156 Per Sq Ft

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

Lot Details

  • 10,019

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
  • Low-Rise Community

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1931

Lot Details

10,019 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 19, 2025
Sold by
Bought by
Seller's Agent
Stephen Pagones
Oak Tree Property Group
Buyer's Agent
Stephen Pagones
Oak Tree Property Group
List Price
$2,250,000
Sold Price
$1,885,000
Premium/Discount to List
-$365,000
-16.22%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 12, 2025
Sold by
Bought by
Seller's Agent
Stephen Pagones
Oak Tree Property Group
Buyer's Agent
Stephen Pagones
Oak Tree Property Group
List Price
$2,250,000
Sold Price
$1,885,000
Premium/Discount to List
-$365,000
-16.22%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2025
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Stephen Pagones
Oak Tree Property Group
Buyer's Agent
Stephen Pagones
Oak Tree Property Group
List Price
$2,250,000
Sold Price
$1,885,000
Premium/Discount to List
-$365,000
-16.22%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$1,885,000 Chicago Title
-- Chicago Title
$579,500 Old Republic Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,330,000
Closed $1,000,000
Closed $800,000
Closed $850,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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®
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