Seller's Agent in 2022
David Howarth
(510) 822-1331
1 in this area
39 Total Sales
396 38th St Oakland, CA 94609
Mosswood Neighborhood
5
Beds
4
Baths
3,025
Sq Ft
4,300
Sq Ft Lot
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 20225-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 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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2022
Closed on
Apr 5, 2022
Sold by
Bought by
Seller's Agent
David Howarth
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,388,000
Sold Price
$1,420,000
Premium/Discount to List
$32,000
2.31%
Purchase Details
Closed on
Sep 11, 2018
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,420,000 | Chicago Title | ||
| $850,000 | Ticor Title |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,000,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $24,285 | $1,506,904 | $318,360 | $1,188,544 |
| 2024 | $23,325 | $1,477,368 | $312,120 | $1,165,248 |
| 2023 | $24,425 | $1,448,400 | $306,000 | $1,142,400 |
| 2022 | $16,298 | $891,707 | $341,630 | $550,077 |
| 2021 | $15,181 | $874,224 | $334,932 | $539,292 |
| 2020 | $15,026 | $866,991 | $331,500 | $535,491 |
| 2019 | $14,197 | $850,025 | $325,000 | $525,025 |
| 2018 | $3,929 | $104,071 | $38,355 | $65,716 |
| 2017 | $3,582 | $101,146 | $37,603 | $63,543 |
| 2016 | $3,392 | $99,179 | $36,866 | $62,313 |
| 2015 | $3,362 | $97,701 | $36,312 | $61,389 |
| 2014 | $3,626 | $95,803 | $35,601 | $60,202 |
Source: Public Records
Agents Affiliated with this Home
-
David Howarth
-
O
Buyer's Agent in 2022
Out Of Area Non Member
Bay East Aor
Map
Source: bridgeMLS
MLS Number: 40982823
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.
Bay East 2026. CCAR 2026. bridgeMLS 2026. 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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