NOT LISTED FOR SALE
10 Beds
4 Baths
3,036 Sq Ft
6,129 Sq Ft Lot

Sale Details

Date Sold: May 2, 2025

Last sale price $1,050,000 $346 Per Sq Ft

7 Days on Market

About This Home

As of May 2025

Investors or owner-occupiers! Vacant two-bed/one bath separate cottage ready for owner move in or new lease up. Maximize your investment potential with this four unit property in Oakland's Millmont neighborhood. This income-producing property currently generates $6,030/month on the front house alone and has even more potential thanks to the newly renovated and vacant, detached 2-bed/1-bath cottage located at the back of the property. Proforma rent on this property is $8,600/month. Situated on a spacious lot with two buildings, the front structure consists of three units including a newly built, 2-bedroom/1 bath ADU garage conversion unit. There is also a spacious 4 bedroom/1 bathroom top floor unit, and an additional 2 bedroom/1 bathroom unit. Rent the cottage out and enjoy a 7% Cap Rate! Each unit enjoys designated parking, adding convenience for residents. With a prime location near major commuter routes, shopping, and dining, this property offers strong rental demand and endless possibilities for investors or owner-occupants looking to offset their mortgage.

Last Agent to Sell the Property

Mark Chow

Compass License #01347820 Listed on: 03/12/2025

Co-Listed By

Marco Barretto

Compass License #02078316

Last Buyer's Agent

Feibe Ye

Grand Realty Group License #02210438

Grand Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,129

Parking

  • Uncovered Parking

Home Design

  • Triplex
  • Concrete Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laminate Flooring
  • 6,129 Sq Ft Lot

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

6,129 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1941
  • Property Sub Type: Triplex
  • Co List Office Mls Id: PRADV
  • Co List Office Mls Id: COMP96
  • Directions: Macarthur to 63rd
  • PictureCountPublic: 19
  • BridgeModificationTimestamp: 2025-05-03T00:59:22.121Z
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Total Bedrooms: 14

Exterior Features

  • Roof: Composition
  • Foundation Details: Concrete

Garage/Parking

  • Parking Features: Side By Side, Uncovered

Utilities

  • Cooling: None
  • Utilities: Separate Meters (See Remarks)
  • Water Source: Meter on Site, Water District

Lot Info

  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.1407
  • Lot Size Sq Ft: 6128.892
  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Existing Lease Type: Net
  • Units Furnished: Varies By Unit
  • Total Actual Rent: 6030

Building Info

  • Number of Units Total: 4

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Vacant: 1
  • Number Of Units Leased: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $1,050,000 +5.5% $346 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $995,000 -- $328 / Sq Ft
Source: San Francisco Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425017678

San Francisco Association of REALTORS®
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