Seller's Agent in 2021
Keith Manson
Cushman & Wakefield
(415) 244-6300
1 in this area
37 Total Sales
646 42nd St Oakland, CA 94609
Longfellow NeighborhoodEstimated Value: $1,194,000 - $1,248,000
4
Beds
4
Baths
3,280
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Engineered Wood Flooring
- 5-minute walk to Macarthur Station
- No HOA
- Oakland Technical High School Rated A
- Corner Lot
- Double Pane Windows
About This Home
As of November 2021Price Improved by $189,888! 646 42nd Street is a vintage 4-plex centrally located in the Longfellow neighborhood of Oakland, CA on the border of the Temescal and just three blocks from the MacArthur BART Station. The 3,298 SF* asset was built in 1922 and is situated on a 2,878 SF* lot at the corner of 42nd Street and Martin Luther King Jr Way. The building features a unit mix of 4 large one-bedroom, one-bathroom units, two of which have been completely renovated with refinished hardwood floors, new kitchen cabinets, granite countertops, and butcher block countertops, subway tile backsplash and shower surrounds, and stainless steel appliances. Additionally, the building exterior was recently painted. The current in-place rents are well below market rate and provide the potential opportunity to increase the NOI by 61%.
Last Agent to Sell the Property
Cushman & Wakefield License #01490046 Listed on: 09/15/2021
Last Buyer's Agent
Non Member Sales
Non Multiple Participant
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,373
Lot Details
- 2,878 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Updated or Remodeled
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Combination Foundation
- Frame Construction
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2-Story Property
- Double Pane Windows
- Formal Entry
Kitchen
- Free-Standing Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Carpet
- Linoleum
- Tile
Parking
- 1 Open Parking Space
- 2 Parking Spaces
- Off-Street Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 013-1091-057
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2022
Sold by
Ahuja Munish
Bought by
Rent-O-Matic Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Outstanding Balance
$831,850
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$317,498
Purchase Details
Listed on
Sep 15, 2021
Closed on
Nov 3, 2021
Sold by
Ahuja Reena
Bought by
Ahuja Munish
Seller's Agent
Keith Manson
Cushman & Wakefield
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$1,299,000
Sold Price
$1,240,000
Premium/Discount to List
-$59,000
-4.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.98%
Original Mortgage
$930,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 15, 2021
Closed on
Nov 2, 2021
Sold by
Itai Llc
Bought by
Ahuja Munish
Seller's Agent
Keith Manson
Cushman & Wakefield
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$1,299,000
Sold Price
$1,240,000
Premium/Discount to List
-$59,000
-4.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
2.88%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Rent-O-Matic Llc | $868,000 | Calatlantic Title | |
| Ahuja Munish | -- | Old Republic Title Company | |
| Ahuja Munish | $1,240,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rent-O-Matic Llc | $868,000 | |
| Previous Owner | Ahuja Munish | $930,000 | |
| Previous Owner | Ahuja Munish | $930,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | $1,240,000 | -4.5% | $378 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $1,299,000 | -- | $396 / Sq Ft |
Source: San Francisco Association of REALTORS® MLS
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 | $20,373 | $1,342,116 | $394,766 | $921,121 |
| 2024 | $20,373 | $1,313,940 | $387,028 | $903,067 |
| 2023 | $21,371 | $1,288,645 | $379,440 | $885,360 |
| 2022 | $20,701 | $1,266,229 | $372,000 | $868,000 |
| 2021 | $18,802 | $1,188,976 | $329,273 | $859,703 |
| 2020 | $24,100 | $1,522,790 | $424,480 | $1,098,310 |
| 2019 | $22,777 | $1,472,342 | $416,160 | $1,056,182 |
| 2018 | $22,292 | $1,443,527 | $408,000 | $1,035,527 |
| 2017 | $13,212 | $811,082 | $201,932 | $609,150 |
| 2016 | $12,848 | $795,231 | $197,973 | $597,258 |
| 2015 | $12,774 | $783,325 | $195,000 | $588,325 |
| 2014 | $12,055 | $682,092 | $170,557 | $511,535 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Manson
-
Zachary Greenwood
Seller Co-Listing Agent in 2021
Zachary Greenwood
Cushman & Wakefield
(559) 930-1770
1 in this area
32 Total Sales
-
N
Buyer's Agent in 2021
Non Member Sales
Non Multiple Participant
Map
Source: San Francisco Association of REALTORS® MLS
MLS Number: 421593192
APN: 013-1091-056-00
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