$1,049,000

Estimated payment $6,794/month

Total Views 4,029
4 Beds
2 Baths
2,031 Sq Ft
$516 Price per Sq Ft

Highlights

  • Attic
  • High Ceiling
  • Fireplace
  • Oakland Technical High School Rated A
  • Den
  • 4-minute walk to Little Frog Park

About This Home

REMODELED DUPLEX combining vintage charm and modern updates - 551 53rd St features two spacious units with new windows, paint, flooring and fixtures. The new kitchens offer stainless steel appliances, quartz countertops and soft-close cabinetry, while bathrooms include tile floors, modern vanities, one tub/shower combo and one stall shower. Rent out one unit or use it as a private in-law suite OR build an ADU behind the home for even more flexibility. The exterior features low-maintenance landscaping, large cement backyard for off-street parking, new porch, redwood decking and a new roof. All remodel work is permitted, sewer lateral and sidewalk are certified as well. This neighborhood is just steps away from Temescal Alley activities, shops and restaurants as well as a part of the highly rated Temescal School District. Short distance from Telegraph Avenue, UCSF Children's Hospital, Frogs Park and Ashby/Rockridge BART. An EXCEPTIONAL investment opportunity with a motivated Seller. Welcome Home!

Listing Agent

John Flaniken

Trade-In Real Estate License #01420207 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,009

Year Built

  • 1912

Lot Details

  • 4,160 Sq Ft Lot
  • Grass Covered Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,031 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Double Pane Windows
  • Den
  • Attic

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • Gardener Expense $2,000
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Trash Expense $2,000
  • Operating Expense $21,000
  • Gross Income $79,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,009

Year Built

1912

Lot Details

0

Listing Details

  • Zoning: RU-4
  • Subclass: Duplex
  • Age: 113
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2031
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas
  • Living Sq Ft: 2031
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Additional Rooms: Attic, Laundry Room, Office Area

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier, Raised
  • Roof: Composition
  • Yard/Grounds: Low Maintenance

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Fireplace, Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.0955
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4160.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4160.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 12.49

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 2000
  • Expense Maintenance: 2000
  • Expenses Total: 21000
  • Expense Trash: 2000
  • Income Annual Gross: 79800.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 84000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Trash Removal
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $12,009 $765,000 $229,500 $535,500
2023 $9,380 $297,433 $89,230 $208,203
2022 $6,095 $291,601 $87,480 $204,121
2021 $5,665 $285,884 $85,765 $200,119
2020 $5,599 $282,953 $84,886 $198,067
2019 $5,285 $277,405 $83,221 $194,184
2018 $5,178 $271,967 $81,590 $190,377
2017 $4,939 $266,634 $79,990 $186,644
2016 $4,726 $261,407 $78,422 $182,985
2015 $4,864 $257,481 $77,244 $180,237
2014 $4,774 $252,438 $75,731 $176,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $1,049,000 -- $516 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Deed -- Chicago Title
Grant Deed $750,000 Chicago Title
Grant Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Commercial
Previous Owner $400,000 New Conventional
Previous Owner $280,000 Unknown
Source: Public Records

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Source: MLSListings

MLS Number: ML82001551

MLSListings

APN: 014-1219-017-00