$1,350,000
SOLD MAY 12, 2021
9 Beds
-- Bath
3,718 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

7% Below List Price

35 Days on Market

About This Home

As of May 2021

The MKD Group is pleased to present this four (4) unit multi-family investment opportunity located in the desirable Lincoln Highlands neighborhood in Oakland's Dimond district. Three separate structures sit atop 2 amalgamated lots with one (1) large four-bedroom two-bath home, one (2) two-bedroom one-bath Cottage, and one (1) duplex consisting of two (2) one-bedroom one-bath units. 4015 Rhoda provides a unit mix that is both rare and desirable. In addition, there is a separate storage structure of over 1,000SF. The properties are constructed of wood frame and stucco on a raised foundation built in 1960 on an almost 10,000 SF spacious hilltop lot. This charming Fourplex is located on a scenic street in Oakland's Lincoln Highlands Neighborhood. 4015 Rhoda is fully leased with spacious units, a peaceful backyard with beautiful landscaping, and four enclosed garage spaces. Excellent accessibility to highways 580 and 13, retail, and restaurants.

Last Agent to Sell the Property

Mark Chow

Compass License #01347820 Listed on: 03/16/2021

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,970

Year Built

  • Built in 1920

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,718 Sq Ft Home
  • 2-Story Property
  • Bay Views

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Listing and Financial Details

  • Assessor Parcel Number 29-968-21

Community Details

Overview

  • 2 Units

Building Details

  • 5 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,970

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Rooms: 8
  • Price Per Square Foot: 363.10
  • Square Footage: 3718.00

Exterior Features

  • View: Bay

Garage/Parking

  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 4.00

Lot Info

  • Assessor Parcel Number: 29-968-21
  • Lot Features: Other
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 5879790.94

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: All Units

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 11.40
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 2
  • Number Of4 Bedrooms Occupied: 1
  • Number Of4 Bedroom Units: 1
  • Number Of Units Leased: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 4, 2021
Sold by
Brockhage John W
Bought by
Reinke Alan M and Reinke Katherine D
Seller's Agent
Mark Chow
Compass
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.58%
Original Mortgage
$1,080,000
Outstanding Balance
$1,022,966
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$86,980

Purchase Details

Closed on
Sep 21, 2007
Sold by
Debray Victoria K
Bought by
Brockhage John W

Purchase Details

Closed on
Dec 1, 1999
Sold by
Walton Vincent J and Walton Loretta M
Bought by
Brockhage John W and Debray Victoria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
7.95%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Walton Vincent J
Bought by
Walton Vincent J and Divine Loretta M
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,350,000 Old Republic Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $365,000 First American Title Guarant
Interfamily Deed Transfer -- First American Title Guarant
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,080,000 New Conventional
Previous Owner $714,870 Adjustable Rate Mortgage/ARM
Previous Owner $66,000 Stand Alone Second
Previous Owner $525,000 Stand Alone First
Previous Owner $60,000 Unknown
Previous Owner $446,875 Stand Alone First
Previous Owner $100,000 Unknown
Previous Owner $237,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $1,095,000 -18.9% $444 / Sq Ft
05/12/2021 05/12/21 Sold $1,350,000 -6.9% $363 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,450,000 -- $390 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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
2024 $21,970 $1,432,620 $429,786 $1,002,834
2023 $23,057 $1,404,540 $421,362 $983,178
2022 $22,315 $1,377,000 $413,100 $963,900
2021 $10,675 $511,251 $155,475 $362,776
2020 $9,945 $512,941 $153,882 $359,059
2019 $8,968 $502,885 $150,865 $352,020
2018 $8,775 $493,027 $147,908 $345,119
2017 $8,324 $483,361 $145,008 $338,353
2016 $8,046 $473,886 $142,166 $331,720
2015 $8,583 $466,768 $140,030 $326,738
2014 $8,281 $457,625 $137,287 $320,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421528814

San Francisco Association of REALTORS® MLS

APN: 029-0986-002-01