NOT LISTED FOR SALE

Estimated Value: $1,396,000 - $1,581,000

8 Beds
4 Baths
2,566 Sq Ft
$575/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,450,000 $565 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,166/month

29 Days on Market

Highlights

  • Engineered Wood Flooring
  • Corner Lot
  • Video Cameras
  • Rosa Parks Elementary School Rated A
  • No HOA
  • Tankless Water Heater

About This Home

As of July 2021

This very attractive fourplex is conveniently located near Fourth Street shops, Emeryville and all the cool stuff in West Berkeley. Beautifully maintained, the building features a parking spot for each unit and a charming garden patch. All the units are 2-bedroom, 1-bath sweethearts that command good rent and have tenants who take good care of their surroundings. The light is great throughout the building, and the owners have taken pains to upgrade each unit as they have become vacant. There is currently one vacancy, so it could also be a great property to live in while using rental income to help defray your mortgage costs.

Last Listed By

Vince Young

Madison Hunter License #01898614 Listed on: 05/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,829

Year Built

  • Built in 1963

Lot Details

  • 4,373 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Bitumen Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,566 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Video Cameras
  • Free-Standing Electric Range

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0561940015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,829

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator, Tankless Water Heater, Varies By Unit
  • Flooring: Carpet, Laminate, Simulated Wood, Tile, Varies By Unit, Vinyl
  • Price Per Square Foot: 565.08
  • Square Footage: 2566

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Bitumen

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit
  • Heating: Varies By Unit, Wall Furnace
  • Security Features: Video System
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 0561940015
  • Lot Features: Corner
  • Lot Size Acres: 0.1004
  • Lot Size Sq Ft: 4373
  • Lot Size Units: SqFt
  • Price Per Acre: 14442231.08

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 13.38
  • Number Of2 Bedrooms Occupied: 4
  • Number of 2 Bedroom Units: 4
  • Number Of Units Leased: 4
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 28, 2021
Sold by
Lee Daniel
Bought by
Lau Sherry and Biehler Yoshlyuki
Seller's Agent
Vince Young
Madison Hunter
Buyer's Agent
Sherry Lau
EXP Realty of California
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%
Total Days on Market
29
Current Estimated Value
$1,475,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,462
Avg. Annual Appreciation
0.46%
Original Mortgage
$1,087,500
Outstanding Balance
$999,883
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$475,579

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 12, 2017
Sold by
Chen Meng Qi
Bought by
Lee Daniel
Seller's Agent
Andrea Gordon
Compass
Buyer's Agent
Simon Black
Red Oak Realty
List Price
$899,000
Sold Price
$1,310,000
Premium/Discount to List
$411,000
45.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$815,650
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
Hinojosa Manuel A and Hinojosa Manuel A
Bought by
Hinojosa Manuel A and The Hinojosa Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hinojosa Manuel A and Hinojosa Christine D
Bought by
Hinojosa Manuel A and Hinojosa Christine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,750
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Lam Milton and Lam Cynthia
Bought by
Hinojosa Manuel A and Hinojosa Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
8.62%

Purchase Details

Closed on
Jul 17, 1999
Sold by
Moore Carol A and Roy Larnders
Bought by
Lam Milton and Lam Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.64%
Mortgage Type
Balloon

Range of Values:

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Average Value
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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
Lau Sherry $1,450,000 First American Title Company
Lee Daniel -- Chicago Title Company
Lee Daniel $1,310,000 Chicago Title Company
Hinojosa Manuel A -- None Available
Hinojosa Manuel A -- Alliance Title Company
Hinojosa Manuel A $408,000 Commonwealth Land Title Co
Lam Milton $255,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Sherry $1,087,500
Previous Owner Lee Daniel $815,650
Previous Owner Hinojosa Manuel A $581,750
Previous Owner Hinojosa Manuel A $378,000
Previous Owner Hinojosa Manuel A $378,000
Previous Owner Hinojosa Manuel A $326,400
Previous Owner Lam Milton $204,000
Closed Lam Milton $25,500
Closed Hinojosa Manuel A $40,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,310,000 -- --
07/30/2021 07/30/21 Sold $1,450,000 -3.0% $565 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $1,495,000 -5.1% $583 / Sq Ft
05/24/2021 05/24/21 For Sale $1,575,000 +20.2% $614 / Sq Ft
06/23/2017 06/23/17 Sold $1,310,000 +45.7% $511 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $899,000 -- $350 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $23,829 $1,508,580 $452,574 $1,056,006
2023 $23,336 $1,479,000 $443,700 $1,035,300
2022 $22,914 $1,450,000 $435,000 $1,015,000
2021 $22,753 $1,404,568 $546,816 $857,752
2020 $21,501 $1,390,172 $541,212 $848,960
2019 $20,625 $1,362,924 $530,604 $832,320
2018 $20,280 $1,336,200 $520,200 $816,000
2017 $10,118 $529,697 $158,909 $370,788
2016 $9,645 $519,314 $155,794 $363,520
2015 $9,497 $511,517 $153,455 $358,062
2014 $9,639 $501,500 $150,450 $351,050
Source: Public Records

Agents Affiliated with this Home

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 421553751

San Francisco Association of REALTORS® MLS

APN: 056-1940-015-02