$1,299,000

Estimated payment $8,187/month

Total Views 3,990
6 Beds
11 Baths
3,560 Sq Ft
$365 Price per Sq Ft

Highlights

  • City View
  • Traditional Architecture
  • Covered Deck
  • Oakland Technical High School Rated A
  • Skylights
  • 4-minute walk to Splash Pad Park

About This Home

Back On Market: 4-UNITS. Current Buyer short on cash to close. Live in one & rent out the others. Qualified Buyers ONLY! All units are now vacant. Appraisal on file and will be disclosed to qualified Buyers, only. This investment is a solid choice for families or investors. A fantastic investment opportunity in a prime location! The Adams Point neighborhood is truly desirable, with its easy access to downtown Oakland, the vibrant Lake Merritt area, freeways, and public transportation. The diverse community and nearby amenities make it even more appealing. 389 Euclid Ave offers a spacious 3-bedroom, 2-bathroom home with a basement for laundry and storage, while 387 Euclid Ave provides three additional rental units, including a 1-bedroom, 1-bath penthouse. These units can also be given access to the basement. The potential for adding an ADU in the backyard is also a great asset. Given Oakland's promising real estate market growth and high demand for rentals in this area makes this an excellent investment opportunity. Also, very conservative numbers were used on the scheduled/possible rents (See info below). If you have any specific questions or need further assistance, feel free to ask!

Listing Agent

Errol Vincent

Vincenthomes Real Estate Srv License #01123279 Listed on: 02/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,893

Year Built

  • Built in 1917

Lot Details

  • 6,251 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Traditional Architecture
  • Converted Dwelling
  • Shingle Roof
  • Tile Roof
  • Tar and Gravel Roof

Interior Spaces

  • 3,560 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Formal Entry
  • Storage
  • City Views

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 010-0784-014

Community Details

Overview

  • 4 Units
  • Highland Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $136,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,893

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Interior Amenities: Formal Entry, Skylight(s), Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments, Penthouse
  • Directions To Property: Please use your GPS.
  • Lot Size Acres: 0.1435
  • CapRate: 6.00
  • Levels: Three, Two
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Conversion, Traditional
  • Special Features: None

Interior Features

  • Square Footage: 3560.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Landscape Front
  • Property Condition: Varies By Unit
  • Roof: Shingle, Tar/Gravel, Tile
  • Patio And Porch Features: Balcony/Deck, Covered Deck, Varies By Unit
  • View: City, Varies By Unit

Garage/Parking

  • Parking Features: Off Street, Open
  • Total Parking Spaces: 4.00
  • OpenParkingSpaces: 4.00
  • Tandem Parking Spaces: 4

Utilities

  • Cooling: None
  • Sewer: Public Sewer, Sewer Connected
  • Water Source: Meter on Site, Public, Water District
  • Heating: Varies By Unit, Wall Furnace
  • Laundry Features: In Common Area, Other
  • Separate Meters: Gas, Varies By Unit

Schools

  • School District: Alameda
  • Middle/Junior School District: Oakland Unified

Lot Info

  • Assessor Parcel Number: 010-0784-014
  • Lot Size Sq Ft: 6251.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1917

Multi Family

  • One Bedroom Annual Occupancy: 1
  • 1 Bedroom Rent Range: 2000-2500
  • Two Bedroom Annual Occupancy: 1
  • Two Bedroom Rent Range: 2700-3200
  • Three Bedroom Annual Occupancy: 1
  • Three Bedroom Rent Range: 3600-5700
  • Four Bedroom Annual Occupancy: 1
  • Four Bedroom Rent Range: 3800-4500
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 3
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

MLS Schools

  • Senior High School District: Oakland Unified
  • School District (County): Alameda

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,893 $726,688 $218,006 $508,682
2024 $12,893 $712,441 $213,732 $498,709
2023 $13,368 $698,474 $209,542 $488,932
2022 $12,783 $684,778 $205,433 $479,345
2021 $11,896 $671,353 $201,406 $469,947
2020 $11,754 $664,472 $199,341 $465,131
2019 $11,098 $651,445 $195,433 $456,012
2018 $10,861 $638,674 $191,602 $447,072
2017 $10,344 $626,153 $187,846 $438,307
2016 $10,031 $613,877 $184,163 $429,714
2015 $10,415 $604,657 $181,397 $423,260
2014 $10,325 $592,815 $177,844 $414,971
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $1,299,000 0.0% $365 / Sq Ft
07/01/2025 07/01/25 Off Market $1,299,000 -- --
05/14/2025 05/14/25 For Sale $1,299,000 0.0% $365 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $1,299,000 -- $365 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 Commercial
Previous Owner $782,200 New Conventional
Previous Owner $770,000 New Conventional
Previous Owner $25,000 New Conventional
Previous Owner $96,000 Unknown
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $600,000 Purchase Money Mortgage
Source: Public Records

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325000769

Bay Area Real Estate Information Services (BAREIS)

APN: 010-0784-014-00