NOT LISTED FOR SALE

3430 Laurel Ave Oakland, CA 94602

Dimond District Neighborhood

Estimated Value: $1,063,000 - $1,250,000

8 Beds
4 Baths
3,468 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $1,250,777 $361 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,610/month

33 Days on Market

Highlights

  • Wood Flooring
  • Security Gate
  • Landscaped
  • No HOA
  • Shed
  • Partially Fenced Property

About This Home

As of October 2022

Here’s the deal: Oakland’s 3430 Laurel Avenue is your chance to own a well-maintained income property with strong projected cash flow (approximately $8,900 per month) with room for growth because it sits on a 5,500 sq. ft. lot that features ADU potential. The building itself is split evenly between four, 2BR/1BA units—a floor plan that’s extremely popular with young professionals—and three of the four units are vacant which means the new owners will get to handpick their own tenants and set rents. In addition to all the units being recently updated, 3430 Laurel Avenue also offers a large outdoor common area that tenants are sure to love, as well as individual parking spaces allotted for each unit. Located in the neighborhood of Lower Dimond but above the 580 freeway, this is a property that will appeal to renters for a long time given it’s both commutable and near bars, restaurants, and other lifestyle-focused amenities such as gyms and parks.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 08/26/2022

Keller Williams Realty

Last Buyer's Agent

Helen Melake

Guide Real Estate License #02108722

Guide Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,992

Year Built

  • Built in 1977

Lot Details

  • 5,544 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Low Flow Toliet

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Parking Lot
  • 6 to 12 Parking Spaces

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,468 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 28948141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,992

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Directions: 35th Ave right to Delaware St left to Laurel Ave
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Partial Fence, Fenced
  • Lot Features: Landscape Front, Security Gate, Landscape Back
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Landscape Back, Landscape Front, Low Maintenance, Storage Area, Yard Space
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Space Per Unit - 1, On Street, Uncovered Park Spaces 2+, 4-7 Cars

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Security: Carbon Monoxide Detector(s), Security Fence, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5544
  • Parcel Number: 28948141
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Toilet

Tax Info

  • Tax Tract: 4066.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 14, 2022
Sold by
Richard Man Jep Sam and Richard Carol Sam
Bought by
Mebrahtu Aklilu and Tesfamariam Isaias
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Helen Melake
Guide Real Estate
List Price
$1,300,000
Sold Price
$1,250,777
Premium/Discount to List
-$49,223
-3.79%
Views
26
Current Estimated Value
$1,135,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,084
Avg. Annual Appreciation
-3.16%
Original Mortgage
$937,558
Outstanding Balance
$904,992
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$230,701

Purchase Details

Closed on
Oct 24, 2017
Sold by
Sam Richard Man Jep and Sam Carol
Bought by
Sam Sam Mari Mari and Sam Richard Ma Jep
Source: Public Records

Range of Values:

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Average Value
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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
Mebrahtu Aklilu $1,251,000 Orange Coast Title
Sam Sam Mari Mari -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mebrahtu Aklilu $937,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,250,777 -- --
10/24/2022 10/24/22 Sold $1,250,777 -3.8% $361 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $1,300,000 0.0% $375 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $1,300,000 -- $375 / 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 $19,992 $1,301,227 $390,368 $910,859
2024 $19,992 $1,275,713 $382,714 $892,999
2023 $20,946 $1,250,700 $375,210 $875,490
2022 $5,571 $161,102 $46,411 $121,691
2021 $4,839 $157,806 $45,501 $119,305
2020 $4,771 $163,117 $45,035 $118,082
2019 $4,274 $159,919 $44,152 $115,767
2018 $4,180 $156,783 $43,286 $113,497
2017 $3,878 $153,708 $42,437 $111,271
2016 $3,680 $150,695 $41,605 $109,090
2015 $3,648 $148,431 $40,980 $107,451
2014 $3,794 $145,525 $40,178 $105,347
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2022

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    3 in this area

    143 Total Sales

    Joey Wang
    Section Image
  • Helen Melake

    Buyer's Agent in 2022

    Helen Melake

    Guide Real Estate

    (510) 703-2274

    1 in this area

    25 Total Sales

    Helen Melake
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41006609

bridgeMLS

APN: 028-0948-014-01

California Alameda County Oakland 94602 Dimond District

3430 Laurel Ave, Oakland, CA

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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