Seller's Agent in 2024
Jennifer Loh
Wellington Property Company
(510) 219-6125
1 in this area
11 Total Sales
541 45th St Oakland, CA 94609
Temescal NeighborhoodEstimated Value: $1,395,987 - $1,450,000
6
Beds
4
Baths
3,714
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Cooling Available
- Oakland Technical High School Rated A
- 4 Car Attached Garage
- Security Gate
About This Home
As of February 2024539-545 45th Street is an incredibly rare opportunity to acquire a pridefully maintained 3,714±SF fourplex on a 5,000±SF parcel in the heart of one of Oakland’s hottest submarkets, Temescal! Located within one half-block of bustling Telegraph Avenue, this income producing asset boasts a 97 WalkScore and 97 BikeScore, with rental demand driven by proximity to award-winning restaurants, retail, MacArthur BART Station, UCSF Benioff Children’s Hospital, transit lines and freeway access. With one 1BD/1BA unit delivered vacant, 539-545 45th features a desirable unit mix of (1) 3BD/1BA; (3) 1BD/1BA. New ownership benefits from Seller’s recent investment of over $100,000 in capital improvements and projected Potential Rental Income over $136,000/annually (5.71% cap rate, 11.35 GRM). Whether you are a first-time owner-user or seasoned multifamily investor, 539-545 45th appeals to a broad range of Buyers, offering the ideal combination of steady near-market rents coupled with maximum Day 1 flexibility, future upside, and conversion potential in one of the City’s most desirable submarkets.
Last Agent to Sell the Property
Wellington Property Company License #01518364 Listed on: 01/30/2024
Last Buyer's Agent
Giuseppe Zumbo
License #01753412
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 5,000 Sq Ft Lot
- Landscaped
- Garden
- Back Yard Fenced and Front Yard
Home Design
- Quadruplex
- Frame Construction
- Stucco
Flooring
- Wood
- Partially Carpeted
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Window Bars
- Security Gate
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Off-Street Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 13109451
Community Details
Overview
- No Home Owners Association
- 3,714 Sq Ft Building
- Bridge Aor Association
- Temescal Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2024
Closed on
Feb 20, 2024
Sold by
541 45Th Trust
Bought by
Kaur Parneet and Singh Kartik
Seller's Agent
Jennifer Loh
Wellington Property Company
Buyer's Agent
Giuseppe Zumbo
List Price
$1,479,000
Sold Price
$1,500,000
Premium/Discount to List
$21,000
1.42%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,753
Avg. Annual Appreciation
-2.87%
Original Mortgage
$1,200,000
Outstanding Balance
$1,178,991
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$242,256
Purchase Details
Closed on
Jul 24, 2015
Sold by
Wan Jeffrey and 541 45Th Trust
Bought by
Wan Jeffrey and The 541 45Th Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2015
Sold by
Bolla Devon J and 541 45Th Street Trust
Bought by
Wan Jeffrey and 541 45Th Street Trust
Purchase Details
Closed on
Apr 23, 2014
Sold by
Wan Jeff
Bought by
Bolla Devon and The 541 45Th Street Trust
Purchase Details
Closed on
Feb 4, 2013
Sold by
Bolla Devon and 541 45Th Street Trust
Bought by
Wan Jeff
Purchase Details
Closed on
Nov 2, 2012
Sold by
Thomas Sheryl Collier and Estate Of Emma Mackel Collier
Bought by
Bolla Devon and 541 45Th Street Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1998
Sold by
Lawson Wayne and Marcellini Marcia
Bought by
Collier Emma Mackel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.13%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaur Parneet | $1,500,000 | Chicago Title | |
| Wan Jeffrey | -- | Chicago Title Company | |
| Wan Jeffrey | -- | None Available | |
| Bolla Devon | -- | None Available | |
| Wan Jeff | -- | None Available | |
| Bolla Devon | $450,000 | Chicago Title Company | |
| Collier Emma Mackel | $265,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kaur Parneet | $1,200,000 | |
| Previous Owner | Wan Jeffrey | $450,000 | |
| Previous Owner | Bolla Devon | $292,500 | |
| Previous Owner | Collier Emma Mackel | $198,750 | |
| Closed | Collier Emma Mackel | $26,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,500,000 | -- | -- |
| 02/27/2024 02/27/24 | Sold | $1,500,000 | +1.4% | $404 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | For Sale | $1,479,000 | -- | $398 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
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 | $10,700 | $1,524,400 | $459,000 | $1,071,000 |
| 2024 | $10,700 | $543,257 | $162,977 | $380,280 |
| 2023 | $11,037 | $532,605 | $159,781 | $372,824 |
| 2022 | $10,495 | $522,165 | $156,649 | $365,516 |
| 2021 | $9,659 | $511,928 | $153,578 | $358,350 |
| 2020 | $9,543 | $506,681 | $152,004 | $354,677 |
| 2019 | $8,939 | $496,750 | $149,025 | $347,725 |
| 2018 | $8,751 | $487,011 | $146,103 | $340,908 |
| 2017 | $8,305 | $477,463 | $143,239 | $334,224 |
| 2016 | $8,031 | $468,103 | $140,431 | $327,672 |
| 2015 | $7,983 | $461,074 | $138,322 | $322,752 |
| 2014 | -- | $452,042 | $135,612 | $316,430 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Loh
-
G
Buyer's Agent in 2024
Giuseppe Zumbo
Map
Source: bridgeMLS
MLS Number: 41048723
APN: 013-1094-051-00
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.
Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Nearby Homes
- 4611 Shattuck Ave
- 4617 Shattuck Ave
- 577 48th St
- 515 42nd St
- 4201 West St
- 551 53rd St
- 4179 Opal St
- 3830 Clarke St
- 3906 Lusk St
- 354 49th St
- 462 Cavour St
- 823 55th St
- 4170 Emerald St Unit 4
- 835 Apgar St
- 485 W Macarthur Blvd Unit 407
- 4949 Coronado Ave
- 5614 Dover St
- 5242 Miles Ave Unit C
- 5651 Telegraph Ave
- 4320 Adeline St