NOT LISTED FOR SALE

Estimated Value: $748,000 - $957,000

7 Beds
4 Baths
3,248 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $1,175,000 $362 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $5,363/month

60 Days on Market

Highlights

  • Security Fence
  • Heating Available
  • 4-minute walk to Bella Vista Park

About This Home

As of March 2022

Fantastic opportunity to own this well maintained & managed, pride of ownership Four Plex in West Oakland/Emeryville boarder in the Hoover/Foster neighborhood!!! This building offers Three 2 bedroom & 1 bath units, & a spacious 1 bedroom & 1 bath unit, separate PG&E meters for each unit, large paved backyard, secured by a wrought iron fence & security cameras. Located near all convenience & freeway access. Short drive to SF & short distance to bus lines to downtown SF. Positive cashflow & an excellent investment opportunity.

Last Agent to Sell the Property

Maria Rhodes

DCP Realty- Coastwide Real Estate Inc. License #01481690 Listed on: 12/01/2021

Last Buyer's Agent

Nancy Gard

Upswing Real Estate License #01974886

Upswing Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Lot Details

  • 2,500 Sq Ft Lot
  • Security Fence

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Home Security

  • Window Bars
  • Monitored

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $100,727

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $3,367
  • Other Expense $723
  • Utility Expense $2,471
  • Trash Expense $2,460
  • Operating Expense $23,265
  • Gross Income $75,545

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3248
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Living Sq Ft: 3248
  • Stories: 2
  • Security: Security Fence, Video / Audio System, Window Bars

Exterior Features

  • Foundation: Crawl Space
  • Roof: Rolled Composition

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0574
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 12.80
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3367
  • Expenses Other: 723
  • Expenses Total: 23265
  • Expenses Utility: 2471
  • Expense Trash: 2460
  • Income Annual Gross: 75545.00
  • Income Annual Rental: 100727
  • Income Gross Scheduled: 100727
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Loan - Mortgage, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2014
Sold by
Turtle Shell Lake Llc
Bought by
Shaw Jennifer L and Mccullough Kathryne E
Current Estimated Value
$839,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$319,691
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$520,052

Purchase Details

Closed on
Aug 12, 2013
Sold by
Jozinovic Tomislav
Bought by
Turtle Shell Lake Llc

Purchase Details

Closed on
Apr 17, 2013
Sold by
Jozinovic Brianne
Bought by
Jozinovic Tomislav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2013
Sold by
Turner Ellen C
Bought by
Jozinovic Tomislav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1997
Sold by
Euphrates Missionary Baptist Church
Bought by
Turner Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,743
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1996
Sold by
Dedmon Steven P
Bought by
Euphrates Missionary Baptist Church

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,650
Interest Rate
8.2%
Mortgage Type
FHA
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
Shaw Jennifer L $525,000 Old Republic Title Company
Turtle Shell Lake Llc $202,000 None Available
Jozinovic Tomislav -- Old Republic Title Company
Jozinovic Tomislav $202,000 Old Republic Title Company
Turner Ellen C $165,000 Fidelity National Title Co
Euphrates Missionary Baptist Church $139,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Jennifer L $417,000
Previous Owner Jozinovic Tomislav $131,000
Previous Owner Turner Ellen C $158,743
Previous Owner Euphrates Missionary Baptist Church $138,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $1,175,000 -8.8% $362 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,288,888 -- $397 / Sq Ft
Source: MLSListings

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 $11,559 $786,014 $237,904 $555,110
2024 $11,559 $770,470 $233,241 $544,229
2023 $12,161 $762,226 $228,668 $533,558
2022 $9,759 $587,561 $178,368 $416,193
2021 $9,330 $575,907 $174,872 $408,035
2020 $9,227 $576,932 $173,079 $403,853
2019 $8,880 $565,624 $169,687 $395,937
2018 $8,695 $554,535 $166,360 $388,175
2017 $8,362 $543,663 $163,099 $380,564
2016 $8,085 $533,005 $159,901 $373,104
2015 $8,043 $525,000 $157,500 $367,500
2014 $3,750 $202,000 $60,600 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81871400

MLSListings

APN: 023-0395-047-00