NOT LISTED FOR SALE
-- Bed
-- Bath
4,490 Sq Ft
4,070 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $1,400,000 $312 Per Sq Ft

22 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Attached Garage
  • Oakland Technical High School Rated A
  • No HOA
  • 3-minute walk to Cleveland Cascade

About This Home

As of August 2021

Seated in the heart of Oakland’s immensely popular Cleveland Heights neighborhood (and just a five-minute stroll from the shores of Lake Merritt) is 498 Capital Street—a robust, 4,500 sq. ft. multifamily property that’s looking for a new owner for the first time in nearly 50 years. Many things make this investment opportunity special, including the fact it comes with unparalleled ADU potential; it’s surrounded by greenspaces (including the Oakland Estuary); the largest unit will be delivered vacant making it perfect for an owner-occupy investor; and each unit comes with its own garage. In terms of layout, the building is separated into five units; four 1Bd/1ba units and one 3Bd/2ba unit which will be delivered vacant, an ideal residence for an owner-occupy investor.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 05/14/2021

Keller Williams Realty

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,070 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up

Parking

  • Attached Garage

Home Design

  • Frame Construction
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Zoned Heating
  • Electricity To Lot Line
  • Gas Water Heater

Additional Features

  • Views of Hills
  • Walk-Out Basement

Community Details

  • No Home Owners Association
  • 4,490 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 2341712

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.09
  • Directions: Lakeshore, right on Wesley
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Basement: Separate Entry, Storage Space, Unfinished
  • Appliances: Dryer, Washer, Gas Water Heater
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Partial
  • Lot Features: Sloped Up
  • View: Hills
  • View: Yes
  • Construction Type: Stucco, Frame

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Off Site, Space Per Unit - 1, Uncovered Park Spaces 2+

Utilities

  • Heating: Zoned
  • Cooling: None
  • Laundry Features: 220 Volt Outlet, Common Area, Dryer, In Basement, Washer, Inside Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4070
  • Parcel Number: 2341712
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4052.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,400,000 -- --
08/18/2021 08/18/21 Sold $1,400,000 -6.7% $312 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,500,000 -- $334 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40949954

bridgeMLS