$950,000
SOLD MAR 12, 2025
4 Beds
4 Baths
3,630 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

5% Below List Price

48 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Fireplace
  • Oakland Technical High School Rated A
  • No HOA
  • 3-minute walk to Mandana Plaza Park

About This Home

As of March 2025

Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.

Last Agent to Sell the Property

Shalaya Shipman

Compass License #01444963 Listed on: 01/08/2025

Compass

Co-Listed By

Susanne Alexander

Compass License #00947347

Last Buyer's Agent

Niko Thysell

Foreverhome Properties License #01990475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,881

Year Built

  • Built in 1924

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • Fireplace
  • City Views

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Gravity Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,630 Sq Ft Building
  • Bridge Aor Association
  • Lakeshore/Grand Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1183919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,881

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: SFR26293
  • Subdivision Name: LAKESHORE/GRAND
  • Directions: Mandana Blvd. to Erie Street
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate, Other
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Tub w/Shower Over

Exterior Features

  • Lot Features: Level
  • View: City
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Space Per Unit - 1
  • Total Parking Spaces: 4

Utilities

  • Heating: Gravity, Forced Air
  • Utilities: Cable Available, Internet Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Other, In Kitchen
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 1183919
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 28, 2025
Sold by
Pulley Warren Anthony
Bought by
Seng Henry and Douangnaly Thongmy
Seller's Agent
Shalaya Shipman
Compass
Buyer's Agent
Niko Thysell
Foreverhome Properties
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Views
54
Current Estimated Value
$1,094,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,158
Avg. Annual Appreciation
55.50%
Original Mortgage
$665,000
Outstanding Balance
$664,450
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$429,709

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 5, 2020
Sold by
Cohen Malia
Bought by
Pulley Warren Anthony
Seller's Agent
Matthew Rulloda
Bhhs Drysdale Properties
Buyer's Agent
Lisa Blackwell
Compass
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.09%
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 28, 2020
Sold by
Dixon Robert E and Dixon Kristen A
Bought by
Pulley Warren Anthony
Seller's Agent
Matthew Rulloda
Bhhs Drysdale Properties
Buyer's Agent
Lisa Blackwell
Compass
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2016
Sold by
Millar Bruce G and Millar Carolyn S
Bought by
Dixon Robert E and Dixon Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2015
Sold by
Millar Bruce G and Millar Carolyn Sue
Bought by
2015 Amended and Restated Bruce G Millar

Purchase Details

Closed on
May 7, 2014
Sold by
Wong Hilton J and Wong Maria
Bought by
Millar Bruce G and Millar Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2007
Sold by
Wong Hilton J and Wong Maria Y
Bought by
Wong Hilton and Wong Maria

Purchase Details

Closed on
Jun 25, 1994
Sold by
Wong Hilton J and Wong Maria Y
Bought by
Wong Hilton J and Wong Maria Y
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

Date Type Sale Price Title Company
Grant Deed $950,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $1,200,000 Chicago Title Company
Grant Deed $1,050,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $739,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $480,000 Commercial
Previous Owner $735,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Off Market $1,200,000 -- --
03/12/2025 03/12/25 Sold $950,000 -20.8% $262 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/04/2025 02/04/25 Off Market $1,200,000 -- --
01/08/2025 01/08/25 For Sale $995,000 -17.1% $274 / Sq Ft
09/21/2020 09/21/20 Sold $1,200,000 -4.0% $331 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $1,250,000 -- $344 / Sq Ft
Source: bridgeMLS

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
2024 $19,881 $1,273,440 $382,032 $891,408
2023 $20,839 $1,248,480 $374,544 $873,936
2022 $20,138 $1,224,000 $367,200 $856,800
2021 $19,092 $1,200,000 $360,000 $840,000
2020 $17,868 $1,114,260 $334,278 $779,982
2019 $17,071 $1,092,420 $327,726 $764,694
2018 $16,711 $1,071,000 $321,300 $749,700
2017 $16,005 $1,050,000 $315,000 $735,000
2016 $12,023 $765,256 $229,577 $535,679
2015 $11,958 $753,764 $226,129 $527,635
2014 $3,284 $103,004 $57,802 $45,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41081870

bridgeMLS

APN: 011-0839-019-00