NOT LISTED FOR SALE

Estimated Value: $985,802 - $1,275,000

10 Beds
4 Baths
2,997 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $1,269,737 $424 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,421/month

88 Days on Market

About This Home

As of November 2021

This 4-unit building consists of 4, 1 bed ,1 bath apartments. All units are vacant with great rental potential. This is a contractor's dream with possible ADU potential. With the right vision and TLC you can make this apartment building a great investment. A 15-minute walk to Lake Merritt Bart Station makes this an easy commute to downtown Oakland or San Francisco, being close to I-880 makes it easy to navigate anywhere in the Bay Area. Just a few blocks from Lake Merritt, one of Oaklands social hubs and within walking distance of the of the Grand Lake area with its bustling restaurants, cafes and bars gives it the feel of a city while keeping the charm of a suburban neighborhood.

Last Agent to Sell the Property

Kitt Flood

Luxe Places International Real License #DRE #01849689 Listed on: 08/20/2021

Last Buyer's Agent

Yeimalis Acevedo -Rasmusse

La Rosa Realty Calif License #01727676

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,820 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Fixer Upper

Interior Spaces

  • 2,997 Sq Ft Home
  • 2-Story Property

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 20-132-3

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Fixer
  • Levels: Two
  • Year Built: 1924
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 423.67
  • Square Footage: 2997.00

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Lot Info

  • Assessor Parcel Number: 20-132-3
  • Lot Features: None
  • Lot Size Acres: 0.0877
  • Lot Size Sq Ft: 3820.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14478187.00

Building Info

  • Number of Units Total: 4

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Number of 3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1

MLS Schools

  • School District County: Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Burney Jazz Anthony
Bought by
Oakwood Sanctuary Trust and Tetrad Capital Ventures Llc
Current Estimated Value
$1,093,701

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 18, 2021
Sold by
Canniffe Eoghan D
Bought by
Burney Jazz Anthony
Seller's Agent
Kitt Flood
Luxe Places International Real
Buyer's Agent
Yeimalis Acevedo -Rasmusse
La Rosa Realty Calif
List Price
$1,400,000
Sold Price
$1,269,737
Premium/Discount to List
-$130,263
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.56%
Original Mortgage
$1,364,043
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 1999
Sold by
Lalor Martin and Lalor Mary A
Bought by
Canniffe Eoghan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.45%

Purchase Details

Closed on
Dec 12, 1996
Sold by
Lalor Martin and Lalor Mary A
Bought by
Lalor Martin and Lalor Mary Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Oakwood Sanctuary Trust -- None Listed On Document
Burney Jazz Anthony $1,270,000 Fidelity National Title Co
Canniffe Eoghan D $250,000 First American Title Ins Co
Lalor Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burney Jazz Anthony $1,364,043
Previous Owner Canniffe Eoghan D $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $1,269,737 -9.3% $424 / Sq Ft
10/09/2021 10/09/21 For Sale $1,400,000 +10.3% $467 / Sq Ft
09/30/2021 09/30/21 Off Market $1,269,737 -- --
08/20/2021 08/20/21 For Sale $1,400,000 -- $467 / 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 $20,480 $1,347,405 $404,317 $943,088
2024 $20,480 $1,320,995 $396,392 $924,603
2023 $21,478 $1,295,094 $388,620 $906,474
2022 $20,768 $1,269,700 $381,000 $888,700
2021 $7,384 $347,967 $106,490 $248,477
2020 $7,291 $351,330 $105,399 $245,931
2019 $9,374 $344,441 $103,332 $241,109
2018 $6,594 $337,690 $101,307 $236,383
2017 $6,215 $331,070 $99,321 $231,749
2016 $7,062 $324,580 $97,374 $227,206
2015 $6,864 $319,704 $95,911 $223,793
2014 $7,224 $313,441 $94,032 $219,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421587164

San Francisco Association of REALTORS®

APN: 020-0132-003-00