NOT LISTED FOR SALE

Estimated Value: $1,070,000 - $1,424,000

5 Beds
4 Baths
2,582 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2025

Last sale price $980,000 $380 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,442 / mo

121 Days on Market

Highlights

  • Post and Beam
  • Wood Flooring
  • Guest Parking
  • Claremont Middle School Rated 9+
  • 3 Car Detached Garage
  • 4-minute walk to Colby Park

About This Home

As of March 2025

Located on a beautiful tree-lined street, this charming property is a wonderful opportunity to own a four-unit income property on the North Oakland/Berkeley border. The 2-story barn is currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? the barn also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. Two of the units are currently vacant. The vacant units (427 & 431) include: 1) a spacious two-bedroom one bath unit on the second floor (427) and, 2) a very nice one bedroom one bathroom unit on the first floor (431). There are two other tenant occupied units on the first floor: 1) a lovely one-bedroom unit in front rented for $657.25 per month; and 2) a studio apartment near the rear rented for $695 per month. We only have estimated expense figures (after initial fixup) not actual. We have a roof, termite, and home inspection.

Last Agent to Sell the Property

Aileen Castillo

Intero Real Estate Services License #01780415 Listed on: 10/23/2024

Intero Real Estate Services

Co-Listed By

Mike Foor

Intero Real Estate Services License #00904917

Last Buyer's Agent

Calvin Kam

Compass License #01888090

Property Details

Home Type

  • Multi-Family

Year Built

  • 1913

Lot Details

  • 5,149 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Post and Beam
  • Reinforced Concrete Foundation
  • Composition Roof

Interior Spaces

  • 2,582 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $78,624

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Insurance Expense $4,000
  • Maintenance Expense $5,000
  • Manager Expense $6,238
  • Utility Expense $2,400
  • Trash Expense $2,600
  • Operating Expense $37,038
  • Gross Income $78,624

Property Details

Home Type

Multi-Family

Year Built

1913

Lot Details

5,149 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: RM-1
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2582
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1913

Interior Features

  • Living Sq Ft: 2582
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Hardwood, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Beam, Reinforced Concrete
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 10
  • Garage Parking Features: Common Parking Area, Detached Garage, Guest / Visitor Parking, Off-Street Parking, On Street, Room For Oversized Vehicle

Utilities

  • Heating System: Central Forced Air - Gas, Electric, Floor Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1182
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5150.00

Rental Info

  • Gross Rent Multiplier: 15.26
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 4000
  • Expense Maintenance: 5000
  • Expense Management: 6238
  • Expenses Total: 37038
  • Expenses Utility: 2400
  • Expense Trash: 2600
  • Income Annual Gross: 78624.00
  • Income Annual Rental: 78624
  • Income Gross Scheduled: 78624
  • Income Includes: Parking, Rents, Storage Area
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water

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
Oct 23, 2024
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Aileen Castillo
Intero Real Estate Services
Buyer's Agent
Calvin Kam
Compass
List Price
$1,400,000
Sold Price
$980,000
Premium/Discount to List
-$420,000
-30%
Views
120
Current Estimated Value
$1,219,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,333
Avg. Annual Appreciation
17.43%

Purchase Details

Listed on
Oct 23, 2024
Closed on
Feb 28, 2025
Sold by
Bought by
Seller's Agent
Aileen Castillo
Intero Real Estate Services
Buyer's Agent
Calvin Kam
Compass
List Price
$1,400,000
Sold Price
$980,000
Premium/Discount to List
-$420,000
-30%
Views
120
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$980,000 Fidelity National Title Compan
-- Fidelity National Title Compan
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
03/21/2025 03/21/25 Sold $980,000 -18.3% $380 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
11/11/2024 11/11/24 Price Changed $1,200,000 -14.3% $465 / Sq Ft
10/23/2024 10/23/24 For Sale $1,400,000 -- $542 / Sq Ft
Source: MLSListings

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 $21,580 $1,428,000 $428,400 $999,600
2024 $21,580 $1,400,000 $420,000 $980,000
2023 $4,688 $64,334 $38,412 $25,922
2022 $4,243 $63,073 $37,659 $25,414
2021 $3,542 $61,835 $36,920 $24,915
2020 $3,588 $61,202 $36,542 $24,660
2019 $3,123 $60,003 $35,826 $24,177
2018 $3,058 $58,826 $35,123 $23,703
2017 $2,799 $57,673 $34,435 $23,238
2016 $2,624 $56,541 $33,759 $22,782
2015 $2,599 $55,692 $33,252 $22,440
2014 $2,709 $54,601 $32,601 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984653

MLSListings

APN: 016-1392-036-02

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