$1,875,000
COMING SOON

Estimated payment $13,268/month

Total Views 3
-- Bed
-- Bath
3,750 Sq Ft
0.26 Acre Lot

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Fireplace
  • 0.36 Acre Lot
  • No HOA
  • Tandem Parking

About This Home

Truly unique (6 unit) pride of ownership property within 2 blocks of Grand Ave & Lake Merritt. Comprised of (6) completely detached single-story cottage units-(4) 2-bedrooms & (2) 1-bedroom (may be converted to 2s). Property was carefully renovated in 2016-17 to modernize every facet of the structures & systems, while preserving original craftsman charm&character. Improvements at that time included new sewer lateral,drainage,concrete driveway,repaved parking lot, foundations, retaining walls, plumbing & electrical systems, windows, doors, roofs, stucco, water heaters, furnaces, sub-water meters, appliances & more. Kitchens & baths thoroughly renovated in (5) of the (6) units. Hardwood floors & upgraded tile throughout, wood-burning fireplaces in most units, in-unit laundry in (4)of(6) units, ind. submeters for water, central heating, ample storage beneath each unit, low maint. landscaping & mgmt. With SF rents heating up, history shows Adams Point & Lake Merritt will benefit. Fully leased. Initial leaseups post renovation in 2017 were $3250-$3350. Ideal for 1031

Listing Agent

Steven Crane

Morley Fredericks Real Estate Services License #01243794

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 11,300 Sq Ft Lot
  • Rectangular Lot
  • Garden

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • Remodeled Bathroom
  • 3,750 Sq Ft Home
  • Fireplace
  • Storage
  • Laundry in unit
  • Updated Kitchen
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • 2 Parking Spaces Included
  • Tandem Parking
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Adams Point Subdivision

Listing and Financial Details

  • Tax Tract Number 403600

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Rectangular Lot
  • LotSizeAcres: 0.36
  • Security Features: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Has HOA?: No
  • Co List Office Mls Id: OBOSCB
  • Special Conditions: Standard
  • Subdivision Name: ADAMS POINT
  • Basement: Unfinished
  • Has Basement?: Yes
  • Has Cooling?: No
  • Has Fireplace?: Yes
  • Living Area: 3750
  • Year Built: 1922
  • Special Features: ComingSoon

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Other Equipment: See Remarks
  • Flooring: Hardwood, Tile
  • Interior Amenities: Other, Updated Baths, Updated Kitchen, Storage

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Garden
  • Roof: Shingle

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Parking Lot, Space Per Unit - 2, Tandem
  • Total Parking Spaces: 12

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: All Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 11300

Tax Info

  • Tax Tract: 403600

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $35,679 $2,418,073 $546,148 $1,871,925
2024 $35,679 $2,370,660 $535,440 $1,835,220
2023 $37,485 $2,324,182 $524,942 $1,799,240
2022 $36,309 $2,278,617 $514,651 $1,763,966
2021 $34,597 $2,233,945 $504,561 $1,729,384
2020 $34,228 $2,213,071 $499,392 $1,713,679
2019 $32,850 $2,169,717 $489,600 $1,680,117
2018 $32,139 $2,127,213 $480,000 $1,647,213
2017 $21,862 $1,420,000 $425,000 $995,000
2016 $9,485 $514,900 $117,156 $397,744
2015 $9,414 $507,168 $115,396 $391,772
2014 $9,626 $497,235 $113,136 $384,099
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 Type Sale Price Title Company
Grant Deed -- Accommodation
Grant Deed $1,420,000 Old Republic Title Company
Interfamily Deed Transfer -- 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 Loan Amount Loan Type
Open $1,150,000 Commercial
Closed $1,150,000 Negative Amortization
Previous Owner $143,000 Commercial
Previous Owner $780,000 Commercial
Source: Public Records

Source: bridgeMLS

MLS Number: 41143661

bridgeMLS

APN: 010-0774-015-00

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