NOT LISTED FOR SALE

396 38th St Oakland, CA 94609

Mosswood Neighborhood
5 Beds
4 Baths
3,025 Sq Ft
4,300 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $1,420,000 $469 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 4-minute walk to Mosswood Park
  • Oakland Technical High School Rated A
  • Heating Available

About This Home

As of April 2022

5-unit apartment complex consisting of five 1bd/1bth units with an excellent Temescal location only a couple blocks from a variety of restaurants and shopping. Market cap rate: 7.31% and market GRM: 9.99. The property was built in 1954, offers approximately 3,025 square feet of rental space, and sits on a 4,300 square foot lot with 3 garages and a to total of 8 parking spaces. Recently, two units were fully remodeled with all new kitchens, new bathrooms, new flooring, new custom tile and lighting, new paint, new garage doors, new windows, and more. The property is easy to maintain and separately metered for water and PG&E providing for low annual expenses. Several units are far below market in rents offering the opportunity for the next investor to raise rents in the future. The exterior and interior are in great condition with no deferred maintenance resulting in a turn-key investment for the next owner.

Last Agent to Sell the Property

David Howarth

License #01360348 Listed on: 02/26/2022

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 4,300 Sq Ft Lot

Parking

  • 8 Parking Spaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 3,025 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 12978231

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Broadway left on 38th
  • Carport Y N: No
  • Garage Yn: No
  • Skirt: ["Other"]
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Other
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Total Parking Spaces: 8

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4300
  • Parcel Number: 12978231
  • ResoLotSizeUnits: Acres

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

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,420,000 -- --
04/08/2022 04/08/22 Sold $1,420,000 +2.3% $469 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $1,388,000 -- $459 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Howarth

    Seller's Agent in 2022

    David Howarth

    (510) 822-1331

    1 in this area

    34 Total Sales

    Section Image

  • O

    Buyer's Agent in 2022

    Out Of Area Non Member

    Bay East Aor

See All Agents

Map

Source: bridgeMLS

MLS Number: 40982823

bridgeMLS

California Alameda County Oakland 94609 Mosswood

396 38th St, Oakland, CA

This home is located at 396 38th St, Oakland, CA 94609 since 26 February 2022. This property was built in 1954. 396 38th St is a home located in Alameda County with nearby schools including Emerson Elementary School, Westlake Middle School, and Oakland Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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