NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,264,000

9 Beds
4 Baths
3,428 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $1,260,000 $368 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,795/month

16 Days on Market

Highlights

  • No HOA
  • Garage
  • No Heating

About This Home

As of November 2021

• Clean and well-maintained fourplex available near Lake Merritt in the Clinton neighborhood • Very Strong unit mix featuring (1) 3BR/1BA unit and (3) 2BR/1BA units • Strong in-place income with a 5.25% CAP Rate and a projected 7.73% Market CAP Rate • One unit delivered vacant – perfect for an owner-user or any investor • On-site laundry room for tenants • Great opportunity for a buyer to acquire a turn-key property in an ideal location of Oakland • Walk Score 86 (Very Walkable) • Strong Clinton location – short walk to many local amenities • Walking distance to Jack London Square, Lake Merritt, BART, Downtown Oakland and more • Short walk to many local retailers including diners, restaurants, convenience stores, a gym and much more • Quick commute to neighboring Bay Area cities including Downtown Oakland, Berkeley, San Francisco, and other major employment hubs

Last Agent to Sell the Property

Robert Dau

Capstone Real Estate Advisors License #01992248 Listed on: 09/29/2021

Last Buyer's Agent

Sue Arendt

Red Oak Realty License #01336319

Red Oak Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,353

Year Built

  • Built in 1911

Lot Details

  • 3,250

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • No Garage

Additional Features

  • 3,250 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 3,428 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,353

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: International
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: None
  • Construction Type: None
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: None
  • Utilities: No Water/Sewer
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3250
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 1, 2021
Sold by
Chau Vincent P and Duong Vivian L
Bought by
Holt Kenneth Peter and The Kenneth Peter Holt Revocab
Seller's Agent
Robert Dau
Capstone Real Estate Advisors
Buyer's Agent
Sue Arendt
Red Oak Realty
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%
Current Estimated Value
$1,121,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,528
Avg. Annual Appreciation
-3.03%
Original Mortgage
$243,500
Outstanding Balance
$223,258
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$898,214

Purchase Details

Closed on
Sep 29, 2005
Sold by
Feng Anna W M and Robert C & Anna W M Feng 1991
Bought by
Chau Vincent P and Duong Vivian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Holt Kenneth Peter $1,260,000 Old Republic Title Company
Chau Vincent P $720,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Kenneth Peter $243,500
Previous Owner Chau Vincent P $405,000
Previous Owner Chau Vincent P $480,000
Previous Owner Chau Vincent P $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,260,000 -- --
11/10/2021 11/10/21 Sold $1,260,000 +5.4% $368 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/06/2021 10/06/21 Price Changed $1,195,000 -7.7% $349 / Sq Ft
09/29/2021 09/29/21 For Sale $1,295,000 -- $378 / 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 $20,353 $1,337,111 $401,133 $935,978
2024 $20,353 $1,310,903 $393,271 $917,632
2023 $21,343 $1,285,200 $385,560 $899,640
2022 $20,634 $1,260,000 $378,000 $882,000
2021 $15,093 $908,941 $272,682 $636,259
2020 $14,919 $899,624 $269,887 $629,737
2019 $13,616 $840,000 $252,000 $588,000
2018 $13,281 $820,000 $246,000 $574,000
2017 $12,026 $755,000 $226,500 $528,500
2016 $10,196 $630,000 $189,000 $441,000
2015 $9,040 $540,000 $162,000 $378,000
2014 $8,632 $475,000 $142,500 $332,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40969056

Bay East Association of REALTORS®

APN: 020-0120-004-01