NOT LISTED FOR SALE

Estimated Value: $740,000 - $886,000

8 Beds
4 Baths
2,968 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $801,000 $270 Per Sq Ft

Current estimated payment $5,554/month

22 Days on Market

Highlights

  • Controlled Access
  • Storage Room
  • 3-minute walk to Elmhurst Park
  • Laundry Room

About This Home

As of April 2023

Rare opportunity to own a 4 unit income property located in the Elmhurst Park Neighborhood of Oakland. Currently 2 vacant units. Great opportunity to live in one while renting out the other 3. This property features four 2bd 1ba units, laundry room onsite, covered parking and secured access. Unit D has deck off kitchen with stair access to backyard space. Needs a little TLC. Don't miss this great opportunity.

Last Agent to Sell the Property

Tina Robinson

Berkshire Hathaway HomeServices DrysdaleProperties License #02123655 Listed on: 03/08/2023

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

Daisy Vasandani

AHS Realty Pros License #01755018

AHS Realty Pros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,410

Year Built

  • 1964

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Window Bars

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $12,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $7,712
  • Gross Income $6,000

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,410

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: Mixed Housing Type Residential 1
  • Subclass: Fourplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 2968
  • Stories: 2
  • Security: Controlled / Secured Access, Window Bars
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Roof: Flat / Low Pitch
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Gross Rent Multiplier: 66.58
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expenses Total: 7712
  • Income Annual Gross: 6000.00
  • Income Annual Rental: 12000
  • Income Gross Scheduled: 12000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Lee Victor Chee
Bought by
Victor Chee Lee Living Trust and Lee
Current Estimated Value
$805,000

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 21, 2023
Sold by
Barbara L Scott Revocable Trust
Bought by
Lee Victor C
Seller's Agent
Tina Robinson
Berkshire Hathaway HomeServices DrysdaleProperties
Buyer's Agent
Daisy Vasandani
AHS Realty Pros
List Price
$799,000
Sold Price
$801,000
Premium/Discount to List
$2,000
0.25%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%
Original Mortgage
$581,250
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2022
Sold by
Scott Barbara L
Bought by
Barbara L Scott Revocable Trust

Purchase Details

Closed on
Apr 5, 2006
Sold by
Scott Willie L and Scott Barbara L
Bought by
Scott Willie L and Scott Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Victor Chee Lee Living Trust -- None Listed On Document
Lee Victor C $801,000 First American Title
Barbara L Scott Revocable Trust -- --
Scott Willie L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Victor C $581,250
Previous Owner Scott Willie L $175,000
Previous Owner Scott Willie L $121,000
Previous Owner Inamdar Amit $350,000
Previous Owner Scott Willie L $422,500
Previous Owner Amaya Antonio $49,000
Previous Owner Padron Francisco $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $801,000 +0.3% $270 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $799,000 -- $269 / 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 $14,410 $826,360 $250,008 $583,352
2024 $14,410 $810,020 $245,106 $571,914
2023 $7,473 $102,511 $30,164 $72,347
2022 $7,712 $100,500 $29,572 $70,928
2021 $6,936 $98,531 $28,993 $69,538
2020 $11,791 $97,520 $28,695 $68,825
2019 $13,425 $95,609 $28,133 $67,476
2018 $12,339 $93,734 $27,581 $66,153
2017 $11,972 $91,897 $27,041 $64,856
2016 $4,433 $90,094 $26,510 $63,584
2015 $10,537 $88,741 $26,112 $62,629
2014 $7,333 $87,003 $25,601 $61,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81921001

MLSListings

APN: 044-4979-013-00