NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,147,000

14 Beds
6 Baths
4,002 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2021

Last sale price $1,150,000 $287 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,973 / mo

25 Days on Market

Highlights

  • No HOA
  • No Heating
  • 4-minute walk to Concordia Park
  • Garage

About This Home

As of June 2021

Price $1,195,000 | 4 Units | 4,002 SF | $299/SF | 7.29% CAP | 9.63 GRM PROPERTY HIGHLIGHTS • Great cash-flowing 4plex in the Havenscourt District of Oakland • In-place 7.29% CAP Rate / 9.63 GRM • Market 8.23% CAP Rate / 8.81 GRM • Limited expense load – Tenants pay BOTH water & electricity (all separate meters/unit) • Great tenants, no delinquencies, all rents up to date • Great opportunity for an owner-user or any investor • Well maintained property with a great pride of ownership • Strong in place rents with long term potential Location Overview • Walk Score 86 (Very Walkable) • Strong Bancroft Ave location – Very close to retail, restaurants, and dining options • Walking distance to transportation, Eastmont Mall and Mills College • Quick drive to multiple BART Locations and the I-580 / I-880 making it ideal for tenants commuting to San Francisco, downtown Oakland, Berkeley and other major employment hubs

Last Agent to Sell the Property

Robert Dau

Capstone Real Estate Advisors License #01992248 Listed on: 04/15/2021

Last Buyer's Agent

Zahid Jahania

Ca Pacific Financial License #01818333

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5,100

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Parking

  • Garage
  • No Garage

Additional Features

  • 5,100 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 4,002 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

5,100 Sq Ft Lot

Listing Details

  • Year Built: 1966
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Bancroft Ave
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 14

Exterior Features

  • Lot Features: None
  • Construction Type: None
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: None
  • Utilities: No Water/Sewer
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5100
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Chavan Mukund Tejkumar and Chavan Minoti
Bought by
Chavan And Amin 2022 Trust and Chavan
Current Estimated Value
$1,000,912

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 21, 2021
Sold by
Strange Marci Ann and Marci Ann Strange Revocable Li
Bought by
Amin Arpan and Ghodasara Sweta Laxmilkant
Seller's Agent
Robert Dau
Capstone Real Estate Advisors
Buyer's Agent
Zahid Jahania
Ca Pacific Financial
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.79%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Strange Marci
Bought by
Strange Marci Ann and Marci Ann Strange Revocable Li

Purchase Details

Closed on
Nov 19, 1999
Sold by
Lindlar Kathleen
Bought by
Strange Marci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.85%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Emc Mtg Corp
Bought by
Lindlar Kathleen

Purchase Details

Closed on
May 1, 1995
Sold by
Great Western Bank
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Mar 31, 1995
Sold by
Great Western Bank
Bought by
Great Western Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chavan And Amin 2022 Trust -- None Listed On Document
Amin Arpan $1,150,000 Old Republic Title Company
Strange Marci Ann -- --
Strange Marci $285,000 Chicago Title Co
Lindlar Kathleen $115,000 Chicago Title Co
Emc Mtg Corp $93,500 --
Great Western Bank $171,400 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Strange Marci $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,150,000 -- --
06/17/2021 06/17/21 Sold $1,150,000 -3.8% $287 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,195,000 -- $299 / Sq Ft
Source: Bay East 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 $18,685 $1,244,782 $373,434 $871,348
2024 $18,685 $1,220,380 $366,114 $854,266
2023 $19,496 $1,196,460 $358,938 $837,522
2022 $18,903 $1,173,000 $351,900 $821,100
2021 $7,795 $404,520 $121,398 $283,122
2020 $7,701 $400,374 $120,154 $280,220
2019 $7,237 $392,526 $117,799 $274,727
2018 $9,568 $384,830 $115,489 $269,341
2017 $6,736 $377,286 $113,225 $264,061
2016 $7,363 $369,891 $111,006 $258,885
2015 $6,448 $364,335 $109,339 $254,996
2014 $6,608 $357,198 $107,197 $250,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40945735

Bay East Association of REALTORS®

APN: 039-3268-003-00

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