D
Seller's Agent in 2024
Dennis Chan
JMC Realty Corporation
(415) 990-3693
1 in this area
5 Total Sales
640 E 15th St Oakland, CA 94606
Merritt Neighborhood
9
Beds
--
Bath
8,514
Sq Ft
4,792
Sq Ft Lot
Highlights
- Corner Lot
- Coin Laundry
- 3-minute walk to Clinton Park
- 3 Car Detached Garage
About This Home
As of November 2024Price lowered!!! Offers reviewed as received. 640 E 15th Street(cross St @ 7th Ave) is in Oakland, CA 94606 and located in the east of Lake Merritt shoreline. This attractive and well-maintained residential income apartment building was completely rebuilt from the ground-up in year 2010, a newer building on this quiet block of the neighborhood, that consists of 9 Units (three studios, three 1br, three 2br)with gas stoves and common area hardwood flooring, 2 leased washers and 2 leased dryers in the building, 9 storage cabinets in basement and 3 detached garages. The exterior building was just painted. All units are fully occupied by tenants. Low expenses w/decent rental income. Cap Rate 6%.
Last Agent to Sell the Property
JMC Realty Corporation License #00834743 Listed on: 05/08/2024
Property Details
Home Type
- Multi-Family
Lot Details
- 4,792
Parking
- 3 Car Detached Garage
Home Design
Additional Features
- 3-Story Property
- Corner Lot
- Separate Meters
Community Details
- 9 Units
- Coin Laundry
- 9 Leased Units
Listing and Financial Details
- Assessor Parcel Number 020-017601000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $1,430,000 | -20.6% | $168 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 07/06/2024 07/06/24 | Price Changed | $1,800,000 | -10.0% | $211 / Sq Ft |
| 07/04/2024 07/04/24 | Price Changed | $1,999,988 | -4.8% | $235 / Sq Ft |
| 06/16/2024 06/16/24 | Price Changed | $2,100,000 | -4.5% | $247 / Sq Ft |
| 05/19/2024 05/19/24 | Price Changed | $2,200,000 | -18.5% | $258 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $2,700,000 | -- | $317 / Sq Ft |
Source: San Francisco Association of REALTORS®
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 | $26,515 | $1,441,784 | $429,000 | $1,001,000 |
| 2024 | $26,515 | $1,492,858 | $441,850 | $1,039,269 |
| 2023 | $27,517 | $1,452,084 | $433,188 | $1,018,896 |
| 2022 | $26,254 | $1,435,356 | $424,697 | $998,920 |
| 2021 | $24,304 | $1,407,443 | $416,370 | $991,073 |
| 2020 | $24,014 | $1,393,143 | $412,104 | $981,039 |
| 2019 | $22,600 | $1,367,244 | $404,026 | $963,218 |
| 2018 | $22,104 | $1,339,520 | $396,105 | $943,415 |
| 2017 | $21,098 | $1,313,489 | $388,339 | $925,150 |
| 2016 | $20,696 | $1,295,549 | $380,726 | $914,823 |
| 2015 | $20,585 | $1,276,390 | $375,011 | $901,379 |
| 2014 | $22,507 | $1,251,770 | $367,668 | $884,102 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Chan
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424031480
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