NOT LISTED FOR SALE

Estimated Value: $736,000 - $1,885,000

9 Beds
5 Baths
3,722 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $750,000 $202 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,109/month

88 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • Back Yard
  • 1 Car Attached Garage
  • No Heating

About This Home

As of October 2024

Shovel ready! Plans for 3,722SF Fourplex + ADU project approved and permitted in the Laurel District. Located in the highly coveted Laurel District of Oakland, this fire-damaged multifamily building presents an exceptional opportunity for the astute owner/builder or contractor looking to generate immediate cash flow. Permitted drawings expands existing space to 3,722 SF in 4 units plus an ADU. All necessary building fees have been paid so the new owner can start work upon closing. The upper level of the fourplex will include 3 units: one spacious 3-bed 2-bath, two cozy 2-bed 1-bath units while the lower level features one 2-bed 1-bath unit, as well as one 2-bed 1-bath 767SF ADU.

Last Agent to Sell the Property

Jeffery Wong

Compass License #01870280 Listed on: 05/02/2024

Compass

Last Buyer's Agent

Paul LeJoy

Pacific Realty Partners License #01467744

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,500 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Quadruplex
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Community Details

  • No Home Owners Association
  • 3,722 Sq Ft Building
  • Bay East Association
  • Laurel Dist Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30190711

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: LAUREL DIST
  • Directions: Macarthur>brown
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Flooring: Unfinished, None
  • Basement: None
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Heating: None
  • Utilities: Natural Gas Available
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4500
  • Parcel Number: 30190711
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Oct 16, 2024
Sold by
Great Eagle Ventures Llc
Bought by
Fat Homes Llc
Seller's Agent
Jeffery Wong
Compass
Buyer's Agent
Paul LeJoy
Pacific Realty Partners
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Views
25
Current Estimated Value
$1,122,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,667
Avg. Annual Appreciation
40.35%
Original Mortgage
$955,500
Outstanding Balance
$81,957
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$1,040,710

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 25, 2022
Sold by
Diana Yu
Bought by
Great Eagle Ventures Llc
Seller's Agent
Linda Huang
Legend Realty & Finance Group
Buyer's Agent
Yunjie Li
Legend Realty & Finance Group
List Price
$559,999
Sold Price
$602,000
Premium/Discount to List
$42,001
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$1,200,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Fat Homes Llc $750,000 Chicago Title
Great Eagle Ventures Llc $602,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fat Homes Llc $955,500
Previous Owner Great Eagle Ventures Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $750,000 -- --
02/04/2025 02/04/25 Off Market $602,000 -- --
10/22/2024 10/22/24 Sold $750,000 -5.7% $202 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $795,000 -6.4% $214 / Sq Ft
05/02/2024 05/02/24 For Sale $849,000 +41.0% $228 / Sq Ft
03/29/2022 03/29/22 Sold $602,000 +7.5% $209 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $559,999 -- $195 / Sq Ft
Source: Bay East 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 $14,725 $750,000 $645,000 $105,000
2024 $14,725 $626,320 $187,896 $438,424
2023 $15,133 $614,040 $184,212 $429,828
2022 $4,263 $71,166 $78,166 $0
2021 $3,943 $97,501 $76,634 $27,867
2020 $3,886 $103,429 $75,848 $27,581
2019 $3,410 $101,401 $74,361 $27,040
2018 $3,337 $99,413 $72,903 $26,510
2017 $3,064 $97,463 $71,473 $25,990
2016 $2,882 $95,552 $70,072 $25,480
2015 $2,856 $94,118 $69,020 $25,098
2014 $3,029 $92,274 $67,668 $24,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41058282

Bay East Association of REALTORS®

APN: 030-1907-011-00