$1,399,000

Estimated payment $9,340/month

Total Views 3,861
6 Beds
4 Baths
3,581 Sq Ft
$391 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating
  • Oakland Technical High School Rated A
  • Fireplace
  • 5-minute walk to Eastshore Park

About This Home

This charming Adams Point four-plex presents a great investment opportunity in one of Oakland’s most desirable neighborhoods, just steps from Lake Merritt. Featuring two spacious 2-bedroom and two cozy 1-bedroom units, each apartment effortlessly blends vintage character and thoughtful modern updates. Beautiful hardwood floors complement period details, including decorative moldings, wainscoting, built-ins, exposed beams, and classic fireplaces. Practical enhancements from a 2020 renovation include updated kitchens and bathrooms, new roofing, fresh paint, improved drainage, and upgraded water heaters. A converted garage generates additional monthly income as a flexible workspace or storage area.* Tenants benefit from three convenient off-street parking spaces and shared on-site coin laundry. Situated on a generous 6,250-sqft lot (per public record), this property is ideal for investors or owner-occupants seeking easy access to vibrant Grand and Lakeshore dining and boutiques. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information, nor do they guarantee any short-term, or increase in future long-term rental income.

Listing Agent

Devin Ratoosh

Red Oak Realty License #01820096 Listed on: 05/28/2025

Red Oak Realty

Co-Listing Agent

David A. Ratoosh

Red Oak Realty License #00901536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,427

Year Built

  • Built in 1963

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Bitumen Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1077910

Community Details

Overview

  • No Home Owners Association
  • Lake Merrit Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,427

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: OBBMAR 03
  • Subdivision Name: Lake Merrit
  • Directions: Grand Ave to Euclid
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Roof: Composition Shingles, Bitumen
  • Lot Features: Rectangular Lot
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas, Central
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6250
  • Parcel Number: 1077910

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 $23,427 $1,697,920 $509,376 $1,188,544
2024 $23,427 $1,664,640 $499,392 $1,165,248
2023 $24,766 $1,632,000 $489,600 $1,142,400
2022 $24,180 $1,600,000 $480,000 $1,120,000
2021 $6,601 $349,443 $107,426 $249,017
2020 $6,523 $352,789 $106,325 $246,464
2019 $6,185 $345,873 $104,241 $241,632
2018 $6,053 $339,093 $102,197 $236,896
2017 $5,782 $332,446 $100,194 $232,252
2016 $5,550 $325,929 $98,230 $227,699
2015 $5,515 $321,035 $96,755 $224,280
2014 $5,653 $314,747 $94,860 $219,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,399,000 -12.6% $391 / Sq Ft
02/04/2025 02/04/25 Off Market $1,600,000 -- --
07/15/2021 07/15/21 Sold $1,600,000 +14.3% $447 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,400,000 -- $391 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed $6,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Adjustable Rate Mortgage/ARM
Closed $435,000 New Conventional
Closed $400,000 Commercial
Closed $310,000 Negative Amortization
Closed $195,000 Commercial
Source: Public Records

Source: bridgeMLS

MLS Number: 41099307

bridgeMLS

APN: 010-0779-010-00