NOT LISTED FOR SALE

678 Brooklyn Ave Oakland, CA 94606

Cleveland Heights Neighborhood

Estimated Value: $1,070,000 - $1,391,000

5 Beds
3 Baths
3,099 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,390,000 $449 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,238/month

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Garage
  • Corner Lot
  • Fireplace
  • Heating Available

About This Home

As of October 2021

Multi-Unit Investment Opportunity This multi-unit, Mediterranean style building is located in the Cleveland Heights area of Oakland. The property includes a total of 3 units, 5 bedrooms, 3 bathrooms and over 3000 square feet. There are 2 upper units and 1 lower unit. Upper units include 2 bedrooms,1 bathroom, a spacious kitchen, dining room, living room and a fireplace feature. The lower unit is a one bedroom, 1 bathroom with a full kitchen and hardwood floors. The upper units each have a dedicated storage area which includes a washer and dryer hookup. Property also features a communal backyard area and 2 garage spaces. The potential monthly income on the 2-bedroom units is $2,500 per month per unit and the lower 1-bedroom unit is $1,700 per month. The property is close to transportation, schools, shopping, dining, and freeways. All units have separate water, gas and electrical meters.

Last Agent to Sell the Property

Jeff Goodman

Compass License #01338912 Listed on: 08/24/2021

Compass

Last Buyer's Agent

Antonio Matier

Compass License #01519211

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,000 Sq Ft Lot
  • Corner Lot
  • Back Yard

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • Fireplace
  • Walk-Out Basement
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,099 Sq Ft Building
  • Bay East Association
  • China Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2340913

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: CHINA HILL
  • Directions: Park Blvd. to Van Dyke to Brooklyn
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile, Carpet, Other
  • Basement: Separate Entry, Storage Space
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Lot Features: Corner Lot, Other
  • Construction Type: Stucco, Other
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Off Street

Utilities

  • Heating: Other
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Laundry Features: Washer/Dryer Hookups, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 4000
  • Parcel Number: 2340913
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 8, 2021
Sold by
Lee Virgil Lum and Lee Family Trust
Bought by
Uchil Hemant Prabhakar and Chilingaryan Sona
Seller's Agent
Jeff Goodman
Compass
Buyer's Agent
Antonio Matier
Compass
List Price
$1,295,000
Sold Price
$1,390,000
Premium/Discount to List
$95,000
7.34%
Current Estimated Value
$1,236,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,180
Avg. Annual Appreciation
-2.72%
Original Mortgage
$1,112,000
Outstanding Balance
$1,014,040
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$222,780

Purchase Details

Listed on
Aug 24, 2021
Closed on
Aug 20, 2021
Sold by
Lee Rose
Bought by
Lee Family Trust and Lee
Seller's Agent
Jeff Goodman
Compass
Buyer's Agent
Antonio Matier
Compass
List Price
$1,295,000
Sold Price
$1,390,000
Premium/Discount to List
$95,000
7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,112,000
Outstanding Balance
$1,014,040
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$222,780
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

Date Buyer Sale Price Title Company
Uchil Hemant Prabhakar $1,390,000 Fidelity National Title Co
Lee Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uchil Hemant Prabhakar $1,112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,390,000 -- --
10/14/2021 10/14/21 Sold $1,390,000 +7.3% $449 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,295,000 -- $418 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $21,324 $1,475,067 $442,520 $1,032,547
2024 $21,324 $1,446,155 $433,846 $1,012,309
2023 $22,457 $1,417,800 $425,340 $992,460
2022 $21,821 $1,390,000 $417,000 $973,000
2021 $4,513 $106,764 $76,199 $37,565
2020 $5,424 $112,598 $75,418 $37,180
2019 $3,217 $110,390 $73,939 $36,451
2018 $3,150 $108,226 $72,489 $35,737
2017 $2,929 $106,104 $71,068 $35,036
2016 $2,750 $104,023 $69,674 $34,349
2015 $3,221 $102,461 $68,628 $33,833
2014 $3,855 $100,455 $67,284 $33,171
Source: Public Records

Agents Affiliated with this Home

  • Jeff Goodman

    Seller's Agent in 2021

    Jeff Goodman

    Compass

    (510) 254-3831

    3 in this area

    98 Total Sales

    Jeff Goodman
    Section Image
  • Antonio Matier

    Buyer's Agent in 2021

    Antonio Matier

    Compass

    (989) 828-5351

    1 in this area

    30 Total Sales

    Antonio Matier
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40964414

Bay East Association of REALTORS®

APN: 023-0409-013-00

California Alameda County Oakland 94606 Cleveland Heights

678 Brooklyn Ave, Oakland, CA

Not Listed for Sale

MultiFamily

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