5315 Cole St Oakland, CA 94601
Melrose Heights NeighborhoodEstimated payment $4,793/month
Total Views
430,882
5
Beds
5
Baths
2,762
Sq Ft
$271
Price per Sq Ft
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
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Price Changed | $749,000 | -6.4% | $271 / Sq Ft |
| 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 |
Source: Contra Costa Association of REALTORS®
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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $385,000 | New Conventional | |
| Closed | $365,600 | New Conventional | |
| Previous Owner | $430,000 | Stand Alone First | |
| Previous Owner | $211,600 | No Value Available | |
| Previous Owner | $108,000 | Seller Take Back |
Source: Public Records
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
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