Seller's Agent in 2021
Eric Keena
Bhhs Drysdale Properties
(510) 381-5434
1 in this area
6 Total Sales
Estimated Value: $712,000 - $869,000
633 Clara Street in Oakland presents an excellent opportunity for an investor or owner-occupant to purchase a four-unit apartment building with tremendous upside in future income. Built in 1963, the 3,234 square foot property offers four (4) Two-Bedroom/One-Bath units and sits on an oversized 6,640 square foot lot. New ownership could increase property value with the construction of a ADU unit on the vacant portion of the lot with approval by the city. Maintenance is low and all units are separately metered for PG&E providing lower annual expenses. The property is currently 100% occupied and all tenants are paying full rent.Unit 3 has been totally renovated. Unit 4-new kitchen and bathroom in 2020. New roof in 2017. Ability to capture 35% upside in rent upon unit turnover and renovation.Individually metered electric and gas meters reduce overall operating expenses and recent renovations/capital improvements will mitigate operating expenses and future costs to the new owner.
Last Agent to Sell the Property
Bhhs Drysdale Properties License #02077388 Listed on: 12/30/2020
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharma Abhinav | $810,000 | Fidelity National Title Co | |
| Cjk Development Llc | $625,000 | Lawyers Title Insurance Co | |
| Strom Capital Llc | -- | None Available | |
| Ejtemaei Pooya | $530,000 | Chicago Title Company | |
| Ficklin Herman L | -- | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharma Abhinav | $607,500 | |
| Previous Owner | Cjk Development Llc | $468,750 | |
| Previous Owner | Ejtemaei Pooya | $520,400 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $810,000 | -- | -- |
| 09/08/2021 09/08/21 | Sold | $810,000 | 0.0% | $250 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | Price Changed | $810,000 | 0.0% | $250 / Sq Ft |
| 06/09/2021 06/09/21 | For Sale | $810,000 | 0.0% | $250 / Sq Ft |
| 06/03/2021 06/03/21 | Off Market | $810,000 | -- | -- |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $795,000 | 0.0% | $246 / Sq Ft |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- |
| 12/30/2020 12/30/20 | For Sale | $795,000 | -- | $246 / Sq Ft |
| 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 | $14,535 | $859,571 | $257,871 | $601,700 |
| 2024 | $14,535 | $842,723 | $252,817 | $589,906 |
| 2023 | $15,121 | $826,200 | $247,860 | $578,340 |
| 2022 | $14,507 | $810,000 | $243,000 | $567,000 |
| 2021 | $11,521 | $644,100 | $193,230 | $450,870 |
| 2020 | $11,383 | $637,500 | $191,250 | $446,250 |
| 2019 | $14,642 | $551,411 | $165,423 | $385,988 |
| 2018 | $9,521 | $540,600 | $162,180 | $378,420 |
| 2017 | $3,376 | $109,488 | $51,161 | $58,327 |
| 2016 | $3,189 | $107,342 | $50,158 | $57,184 |
| 2015 | $3,161 | $105,729 | $49,404 | $56,325 |
| 2014 | $3,293 | $103,659 | $48,437 | $55,222 |
Seller's Agent in 2021
Eric Keena
Bhhs Drysdale Properties
(510) 381-5434
1 in this area
6 Total Sales
Buyer's Agent in 2021
Konstantin Safris
Lpt Realty, Inc
(916) 747-2960
1 in this area
56 Total Sales
Source: Bay East Association of REALTORS®
MLS Number: 40932895
APN: 044-5015-006-00
Ask me questions while you tour the home.