Seller's Agent in 2024
Robert Balina
Synergize Realty
(408) 750-6425
1 in this area
55 Total Sales
5810 Martin Luther King jr Way Oakland, CA 94609
Santa Fe NeighborhoodEstimated Value: $1,046,520 - $1,521,000
7
Beds
6
Baths
2,672
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Granite Countertops
- Forced Air Heating System
- Oakland Technical High School Rated A
- Laundry Room
- 4-minute walk to Dover Street Park
About This Home
As of April 2024Great Opportunity to own/Live and have an income stream!!!. Please email LA for inspection reports. Nearby Bart station and Children's Hospital. UC Berkeley less than 10 mins. New paint and roof done in less than one year. Easy Access to Freeway and close to SF. Private gate for Security and parking spaces come with the rent.
Last Agent to Sell the Property
Synergize Realty License #01263881 Listed on: 02/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,240
Year Built
- 1956
Lot Details
- 3,981 Sq Ft Lot
- Security Fence
Home Design
- Quadruplex
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,672 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Oven or Range
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Parking
- 5 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $101,520
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $1,800
- Insurance Expense $3,000
- Utility Expense $5,500
- Trash Expense $2,800
- Operating Expense $29,350
- Gross Income $100,607
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2024
Closed on
Mar 28, 2024
Sold by
Cho Hak Seung and Chong Suk
Bought by
Massena Living Trust and Massena
Seller's Agent
Robert Balina
Synergize Realty
Buyer's Agent
Tsovo Massena
Oxbridge Properties
List Price
$1,250,000
Sold Price
$1,164,000
Premium/Discount to List
-$86,000
-6.88%
Views
51
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
$18,380
Avg. Annual Appreciation
1.01%
Original Mortgage
$814,800
Outstanding Balance
$800,695
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$381,685
Purchase Details
Listed on
Mar 30, 2021
Closed on
May 27, 2021
Sold by
Pak Kon Hui and Pak Hwa Chun
Bought by
Cho Hak Seung and Cho Chong Suk
Seller's Agent
Acella Kim
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,298,000
Sold Price
$1,300,000
Premium/Discount to List
$2,000
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.78%
Purchase Details
Closed on
Feb 29, 2000
Sold by
Lakewood Apartments Llc
Bought by
Pak Kon Hui and Pak Hwa Chun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.37%
Purchase Details
Closed on
Mar 11, 1998
Sold by
Werner Marlin Spike
Bought by
Lakewood Apartments Llc
Purchase Details
Closed on
Dec 6, 1996
Sold by
Coleman Richard B and Long Daniel J
Bought by
Werner Marlin Spike and Lakewood Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,206
Interest Rate
7.86%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Massena Living Trust | $1,164,000 | Old Republic Title Company | |
| Cho Hak Seung | $1,300,000 | Chicago Title Company | |
| Pak Kon Hui | $310,000 | Old Republic Title Company | |
| Lakewood Apartments Llc | -- | First American Title | |
| Werner Marlin Spike | -- | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Massena Living Trust | $814,800 | |
| Previous Owner | Pak Kon Hui | $248,000 | |
| Previous Owner | Werner Marlin Spike | $10,206 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,300,000 | -- | -- | |
| 04/09/2024 04/09/24 | Sold | $1,164,000 | -6.9% | $436 / Sq Ft | |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- | |
| 02/24/2024 02/24/24 | For Sale | $1,250,000 | -3.8% | $468 / Sq Ft | |
| 05/28/2021 05/28/21 | Sold | $1,300,000 | +0.2% | $487 / Sq Ft | View Prior Sale |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- | |
| 03/30/2021 03/30/21 | For Sale | $1,298,000 | 0.0% | $486 / Sq Ft | |
| 03/29/2021 03/29/21 | Price Changed | $1,298,000 | -- | $486 / Sq Ft |
Source: MLSListings
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 | $21,240 | $1,187,280 | $356,184 | $831,096 |
| 2024 | $21,240 | $1,379,560 | $413,868 | $965,692 |
| 2023 | $22,288 | $1,352,520 | $405,756 | $946,764 |
| 2022 | $21,564 | $1,326,000 | $397,800 | $928,200 |
| 2021 | $8,576 | $433,158 | $132,047 | $308,111 |
| 2020 | $8,471 | $435,648 | $130,694 | $304,954 |
| 2019 | $7,890 | $427,108 | $128,132 | $298,976 |
| 2018 | $7,723 | $418,734 | $125,620 | $293,114 |
| 2017 | $7,308 | $410,526 | $123,158 | $287,368 |
| 2016 | $7,050 | $402,478 | $120,743 | $281,735 |
| 2015 | $7,005 | $396,433 | $118,930 | $277,503 |
| 2014 | $7,311 | $388,668 | $116,600 | $272,068 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Balina
-
Tsovo Massena
Buyer's Agent in 2024
Tsovo Massena
Oxbridge Properties
(408) 891-6453
1 in this area
2 Total Sales
-
Acella Kim
Seller's Agent in 2021
Acella Kim
(510) 999-0892
1 in this area
11 Total Sales
-
O
Buyer's Agent in 2021
Out Of Area Non Member
Bay East Aor
Map
Source: MLSListings
MLS Number: ML81955360
APN: 015-1359-021-00
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.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 5814 Martin Luther King jr Way Unit B
- 5814 Martin Luther King jr Way
- 5806 Martin Luther King jr Way
- 5814 Mlk jr Way
- 5818 Mlk jr Way Unit 5820
- 5800 Martin Luther King jr Way
- 780 58th St
- 776 58th St
- 5826 Martin Luther King jr Way
- 767 59th St
- 770 58th St
- 5828 Martin Luther King jr Way
- 765 59th St
- 764 58th St
- 759 59th St
- 759 59th St Unit Lower Unit
- 759 59th St
- 756 58th St
- 5906 Martin Luther King jr Way
- 753 59th St