$3,140,000
SOLD OCT 25, 2024

470 Mandana Blvd Oakland, CA 94610

Grand Lake Neighborhood
11 Beds
-- Bath
9,332 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$336 Per Sq Ft

10% Below List Price

38 Days on Market

Highlights

  • 0.23 Acre Lot
  • Corner Lot
  • 5-minute walk to Mandana Plaza Park
  • Oakland Technical High School Rated A
  • 10 Car Garage

About This Home

As of October 2024

470 Mandana is a fantastic 10 unit corner apartment building boasting a gabled roof and superb curb appeal. Located in the Grand Lake neighborhood of Oakland, the property consists of 2 two bedroom units, 7 one bedroom units, and 1 studio apartment. All the units are exceptionally large with wonderful natural light, hardwood floors, and updated kitchens and baths. There are dishwashers in all the units and ample storage space. Units A & B are full floor six room flats with formal living and dining rooms plus beautiful views and a private entry on Vermont Street. There is a communal laundry area in the basement with 2 washers and 2 dryers - leased, coin and app-operated. The building has a charming lobby and a small backyard area for the tenants to enjoy. There is one parking spot per unit in each of the 3 garages or the backyard carport area accessed through an automatic entry gate on Mandana Blvd. Units are separately metered for gas and electricity. Tenants pay for their own electric heat.

Last Agent to Sell the Property

Daniel McGue

Coldwell Banker Commercial Rea License #00656579 Listed on: 07/22/2024

Coldwell Banker Commercial Rea

Last Buyer's Agent

Eymon Binesh

Marcus & Millichap License #02060059

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • 9,332 Sq Ft Home

Parking

  • 10 Car Garage
  • 7 Carport Spaces

Listing and Financial Details

  • Assessor Parcel Number 011-0842-015

Community Details

Overview

  • 10 Units

Building Details

  • 10 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 30
  • Price Per Square Foot: 336.48
  • Square Footage: 9332.00

Garage/Parking

  • Carport Spaces: 7.00
  • Parking Features: Carport, Covered, Garage
  • Total Parking Spaces: 10.00
  • Covered Parking Spaces: 3.00

Lot Info

  • Assessor Parcel Number: 011-0842-015
  • Lot Features: Corner, Shape Irregular
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 13675958.19

Building Info

  • Number of Units Total: 10

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 9.92
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 7
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number of Studio Units: 1
  • Number Of Units Leased: 10
  • Number Studios Occupied: 1

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Range of Values:

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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
10/25/2024 10/25/24 Sold $3,140,000 -10.3% $336 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $3,500,000 -- $375 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel McGue

    Seller's Agent in 2024

    Daniel McGue

    Coldwell Banker Commercial Rea

    (415) 229-1218

    2 in this area

    62 Total Sales

    Daniel McGue
    Section Image
  • Eymon Binesh

    Buyer's Agent in 2024

    Eymon Binesh

    Marcus & Millichap

    (650) 391-1700

    1 in this area

    66 Total Sales

    Eymon Binesh
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424051493

San Francisco Association of REALTORS® MLS
California Alameda County Oakland 94610 Grand Lake

470 Mandana Blvd, Oakland, CA

This home is located at 470 Mandana Blvd, Oakland, CA 94610 and is currently priced at $3,140,000, approximately $336 per square foot. 470 Mandana Blvd is a home located in Alameda County with nearby schools including Cleveland 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.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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