NOT LISTED FOR SALE

Estimated Value: $1,177,000

4 Beds
4 Baths
3,280 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2021

Last sale price $1,240,000 $378 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,185 / mo

12 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Formal Entry
  • Corner Lot
  • Double Pane Windows
  • Wood Siding

About This Home

As of November 2021

Seller financing is available with only 10% down and 2% interest only creating a rare opportunity for investors to acquire a well-located North Oakland asset with attractive leverage and long-term upside. Located in the highly desirable Longfellow neighborhood, 646 42nd Street consists of (4) large, bright 1-bedroom / 1-bathroom units designed to appeal to today’s renters seeking space, natural light, and urban convenience. 646 42nd Street presents an exceptional multifamily investment opportunity in one of the East Bay’s most dynamic rental markets. The property is ideally positioned just blocks from MacArthur BART and minutes from Downtown Oakland, Temescal, and Emeryville, with easy access to popular cafés, restaurants, and boutique retail. This prime transit-oriented location consistently attracts professionals, creatives, and commuters seeking a walkable urban lifestyle. The property also offers meaningful value-add potential, with existing rents below market and opportunities for increased income through targeted renovations and operational improvements. Longfellow’s strong Walk Score of 89, Transit Score of 74, and Bike Score of 99 underscore the neighborhood’s enduring appeal and renter demand. Combined with ongoing neighborhood revitalization and close proximity to major employment centers throughout Oakland, Emeryville, Berkeley, and San Francisco, 646 42nd Street is well-positioned for long-term appreciation and stable occupancy. Whether as a 1031 exchange replacement, owner-user opportunity, or strategic portfolio addition, the property represents a rare opportunity to acquire a well-located, income-producing asset in one of Oakland’s most sought-after neighborhoods.

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 09/15/2021

Co-Listed By

Zachary Greenwood

Cushman & Wakefield License #DRE #01960296

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Lot Details

2,878 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Accessibility Features: Other, See Remarks
  • Levels: Two
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Microwave, Varies By Unit, See Remarks
  • Flooring: Carpet, Linoleum, Simulated Wood, Tile, Varies By Unit, Wood, See Remarks
  • Interior Amenities: Formal Entry
  • Window Features: Dual Pane Partial, See Remarks

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Combination, Concrete Perimeter, Pillar/Post/Pier
  • Roof: Flat

Garage/Parking

  • Parking Features: Off Street, Uncovered, See Remarks
  • Total Parking Spaces: 2
  • Independent Parking Spaces: 1

Utilities

  • Cooling: None, See Remarks
  • Heating: Gas, Wall Furnace, See Remarks
  • Security Features: Secured Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 013-1091-057
  • Lot Features: Corner, Curb(s), Shape Regular, Sidewalk
  • Lot Size Acres: 0.0661
  • Lot Size Sq Ft: 2878
  • Lot Size Units: SqFt
  • Price Per Acre: 18759455.37

Rental Info

  • Tenant Pays: Electricity, Gas, See Remarks
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • 1 Bedroom Rent Range: 1099-2567
  • Number Of1 Bedrooms Occupied: 4
  • Number Of Units Leased: 4
  • Separate Meters: Electricity, Gas
  • Total Number Section8: 1

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Bought by
Current Estimated Value
$1,177,000

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
$813,009
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$363,991

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 3, 2021
Sold by
Bought by
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
-1.10%
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
Bought by
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
Source: Public Records
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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
$868,000 Calatlantic Title
-- Old Republic Title
$1,240,000 Old Republic Title
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
Open $868,000
Previous Owner $930,000
Previous Owner $930,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 For Sale $1,200,000 -3.2% $365 / Sq Ft
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®

Tax 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.

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 $21,263 $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

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421593192

San Francisco Association of REALTORS®

APN: 013-1091-056-00

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