NOT LISTED FOR SALE

Estimated Value: $1,127,258 - $1,471,000

8 Beds
4 Baths
3,822 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,425,000 $373 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,478/month

78 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Outdoor Storage
  • Wood Flooring
  • Cooling Available
  • 4-minute walk to Pittman Green

About This Home

As of June 2021

Hello, is it me you're looking for? This 4 unit Lake Merritt building is a prime opportunity and awaiting its next owner. Classic Oakland charm flows from the building details. You will find FOUR units configured as 2 bedroom 1 bath fully rented for instant income. 3,822 building sq footage provides generous living spaces in all units. Individually metered for electric and gas. HUGE lot with off street parking and enclosed garages in back. Room for potential additional ADU / development? Lake Merritt is 2 blocks away. Centrally located, residents also enjoy the many local amenities, shops, food options available nearby. BART is only 0.9 miles away as well as easy access to freeways making commuting a breeze. A great addition or start to your portfolio. Rules for entry:

Last Agent to Sell the Property

David Nguyen

Sequoia Real Estate License #01946704 Listed on: 03/08/2021

Last Buyer's Agent

Charles Huang

Bay Home Investments&loans License #01252433

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3,822 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 2017914

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Directions: E 15th St and 3rd Ave
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Carpet
  • Basement: None
  • Other Equipment: Other
  • Total Bedrooms: 8
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Enclosed, Off Street

Utilities

  • Heating: Wall Furnace
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 2017914
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jun 24, 2021
Sold by
Chen Guanhua
Bought by
Jin Cynthia Yining
Seller's Agent
David Nguyen
Sequoia Real Estate
Buyer's Agent
Charles Huang
Bay Home Investments&loans
List Price
$1,350,000
Sold Price
$1,425,000
Premium/Discount to List
$75,000
5.56%
Current Estimated Value
$1,256,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,435
Avg. Annual Appreciation
-2.74%
Original Mortgage
$997,500
Outstanding Balance
$903,112
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$353,453

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jun 15, 2021
Sold by
Huynh Dung Y and Huynh Davann P
Bought by
Jin Cynthia Yining
Seller's Agent
David Nguyen
Sequoia Real Estate
Buyer's Agent
Charles Huang
Bay Home Investments&loans
List Price
$1,350,000
Sold Price
$1,425,000
Premium/Discount to List
$75,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Outstanding Balance
$903,112
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$353,453

Purchase Details

Closed on
Dec 5, 2019
Sold by
Huynh Dung Y and Huynh Davann P
Bought by
Huynh Dung Y and Huynh Davann P

Purchase Details

Closed on
Feb 28, 2000
Sold by
Skates May H and Skates Virginia L
Bought by
Huynh Dung Y and Huynh Davann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 26, 1996
Sold by
Skates Maurice A
Bought by
Skates Maurice Arthur
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jin Cynthia Yining -- Fidelity National Title Co
Jin Cynthia Yining $1,425,000 Fidelity National Title Co
Huynh Dung Y -- None Available
Huynh Dung Y $280,000 Fidelity National Title Co
Flores Virginia A -- Fidelity National Title Co
Skates Maurice Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Cynthia Yining $997,500
Previous Owner Flores Virginia A $28,000
Previous Owner Huynh Dung Y $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,425,000 -- --
06/28/2021 06/28/21 Sold $1,425,000 +5.6% $373 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $1,350,000 0.0% $353 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $1,350,000 0.0% $353 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,350,000 -- $353 / Sq Ft
Source: bridgeMLS

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 $22,973 $1,542,447 $462,734 $1,079,713
2024 $22,973 $1,512,210 $453,663 $1,058,547
2023 $24,127 $1,482,570 $444,771 $1,037,799
2022 $23,369 $1,453,500 $436,050 $1,017,450
2021 $8,133 $397,563 $119,269 $278,294
2020 $8,031 $393,488 $118,046 $275,442
2019 $7,461 $385,774 $115,732 $270,042
2018 $7,301 $378,211 $113,463 $264,748
2017 $6,900 $370,797 $111,239 $259,558
2016 $6,649 $363,528 $109,058 $254,470
2015 $6,606 $358,068 $107,420 $250,648
2014 $6,850 $351,054 $105,316 $245,738
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 40940490

bridgeMLS

APN: 020-0179-014-00