
5315 Cole St Oakland, CA 94601
Melrose Heights NeighborhoodEstimated payment $5,240/month
Highlights
- Wood Flooring
- Heating Available
- Back and Front Yard
- No HOA
About This Home
Welcome to 5315 Cole St. In the Fairfax community. Prime Investment Opportunity with Strong Income Potential! This charming early 20th-century fourplex offers incredible flexibility: use it as a single-family home, duplex, triplex or fourplex to maximize your investment. With a fantastic location and a proven track record as a high-demand rental property, this is an ideal opportunity for investors or owner-occupants looking for additional income. The spacious backyard offers plenty of room for an ADU, further increasing rental potential. Don’t miss out on this rare chance to own a property with strong cash flow and endless possibilities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,569
Year Built
- Built in 1915
Lot Details
- 5,200 Sq Ft Lot
- Back and Front Yard
Home Design
- Composition Shingle Roof
- Composition Shingle
Interior Spaces
- 2-Story Property
- Brick Fireplace
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- No Garage
- On-Street Parking
Utilities
- No Cooling
- Heating Available
- Gas Water Heater
Community Details
- No Home Owners Association
- Fairfax Subdivision
Listing and Financial Details
- Assessor Parcel Number 3523773
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,569 | $540,982 | $162,294 | $378,688 |
2024 | $10,569 | $530,375 | $159,112 | $371,263 |
2023 | $10,889 | $519,978 | $155,993 | $363,985 |
2022 | $10,343 | $509,783 | $152,935 | $356,848 |
2021 | $9,508 | $499,788 | $149,936 | $349,852 |
2020 | $9,391 | $494,665 | $148,399 | $346,266 |
2019 | $8,789 | $484,967 | $145,490 | $339,477 |
2018 | $8,600 | $475,461 | $142,638 | $332,823 |
2017 | $8,156 | $466,140 | $139,842 | $326,298 |
2016 | $8,894 | $457,000 | $137,000 | $320,000 |
2015 | $8,241 | $480,000 | $144,000 | $336,000 |
2014 | $6,805 | $350,000 | $105,000 | $245,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | Price Changed | $799,995 | -9.6% | $290 / Sq Ft |
01/30/2025 01/30/25 | For Sale | $885,000 | -- | $320 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Bnt Title Company Of Ca | |
Grant Deed | $457,000 | Placer Title Company | |
Individual Deed | $590,000 | North American Title Co | |
Grant Deed | $264,500 | Old Republic Title Company | |
Grant Deed | $120,000 | Fidelity National Title Ins | |
Trustee Deed | $208,963 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $385,000 | New Conventional | |
Closed | $160,000 | Commercial | |
Closed | $365,600 | New Conventional | |
Previous Owner | $430,000 | Stand Alone First | |
Previous Owner | $50,000 | Credit Line Revolving | |
Previous Owner | $260,000 | Unknown | |
Previous Owner | $211,600 | No Value Available | |
Previous Owner | $108,000 | Seller Take Back |
About the Listing Agent

Wayne is a dedicated real estate agent with a keen understanding of the complexities involved in buying and selling properties. His exceptional listening skills enable him to quickly grasp his clients’ goals, needs, and concerns. Certified in negotiation, Wayne possesses the critical expertise required to succeed in California’s competitive market. He knows that winning a bid involves more than just offering the highest price—it’s about understanding and meeting the unique needs of
WAYNE's Other Listings
Source: Contra Costa Association of REALTORS®
MLS Number: 41084158

APN: 035-2377-003-00
- 5406 Trask St
- 2416 Kingsland Ave
- 2312 55th Ave
- 5103 Fairfax Ave
- 5525 Harvey Ave
- 5065 Fairfax Ave
- 1830 Vicksburg Ave
- 2622 Kingsland Ave
- 5145 Foothill Blvd
- 5600 Foothill Blvd
- 2440 Monticello Ave
- 2150 50th Ave
- 5540 E 17th St
- 5817 Seminary Ct
- 1607 53rd Ave
- 4851 Walnut St
- 1605 57th Ave
- 1604 57th Ave
- 5800 E 17th St
- 5775 Walnut St
- 5284 Belvedere St
- 5358 Brookdale Ave Unit 5358 Brookdale Ave
- 5205 Foothill Blvd
- 5416 El Camile Ave
- 5015 Melrose Ave Unit c
- 5900 Hayes St Unit A
- 4500 San Carlos Ave Unit Upper
- 4222 Carrington St Unit 2
- 4220 Carrington St
- 925 53rd Ave
- 2228 40th Ave
- 5021 Macarthur Blvd
- 1600 41st Ave Unit 2
- 2632 38th Ave
- 2255 38th Ave
- 6117 Monadnock Way Unit 6117 Monadnock Way
- 4311 Macarthur Blvd
- 3201 64th Ave Unit 3Bd 1Ba $3050 per month
- 4401 San Leandro St
- 2640 68th Ave