NOT LISTED FOR SALE

Estimated Value: $723,000 - $838,000

6 Beds
4 Baths
2,916 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $701,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,361/month

6 Days on Market

About This Home

As of January 2019

Great cash flow potential with this 4-unit property just 1/2 mile from the Oakland Coliseum/Oracle Stadium! Two 2-bedroom 1-bath units rent for $1,800/mo; two 1-bedroom 1-bath units rent for $1,700/mo. GRM 8.32%. Four parking spaces & plenty of off-street parking; corner lot, convenient location. Needs work but approved for section 8 now--some vision & tools can make this a great income-producing property. Probate sale, selling as-is.

Last Agent to Sell the Property

Marla Kuresa

Marla Kuresa, Broker License #01401323 Listed on: 12/15/2018

Co-Listed By

Tyler Kuresa

Marla Kuresa, Broker License #01988667

Last Buyer's Agent

Wayne Kam

Movoto Real Estate License #01523171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,494

Year Built

  • Built in 1943

Lot Details

  • 3,999

Home Design

  • Quadruplex
  • Fixer Upper
  • Flat Roof Shape

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • 2-Story Property
  • 3,999 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 0414-1570-01

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Vacant Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,494

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1943
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Gas Water Heater,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Wood
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Listing Price: 699000.00
  • Property Condition: Fixer
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Open,Street,1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Varies By Unit
  • Cooling: None
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Quadruplex
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 3999

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 4

Multi Family

  • Gross Income: 84000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Number of Vacant Units: 3
  • Units Furnished: None
  • Gross Income Multiplier: 8.320

Tax Info

  • Assessor Parcel Number: 0414-1570-01
  • Current RE Taxes: 4494

MLS Schools

  • School District (County): Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Great Eagle Ventures Llc
Bought by
Kam Wayne and Giang Jordan Hoang
Current Estimated Value
$777,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Outstanding Balance
$602,420
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$175,027

Purchase Details

Closed on
Nov 19, 2019
Sold by
Kam Wayne and Giang Jordan
Bought by
Great Eagle Ventures Llc

Purchase Details

Listed on
Dec 15, 2018
Closed on
Jan 4, 2019
Sold by
Smith Karin A and Estate Of Bert Charles Murphy
Bought by
Great Eagle Ventures Llc
Seller's Agent
Marla Kuresa
Marla Kuresa, Broker
Buyer's Agent
Wayne Kam
Movoto Real Estate
List Price
$699,000
Sold Price
$701,000
Premium/Discount to List
$2,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 26, 1996
Sold by
Stjohn Clinton and Stjohn Lisa
Bought by
Murphy Christopher
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
Kam Wayne -- Chicago Title
Great Eagle Ventures Llc -- First American Title Company
Great Eagle Ventures Llc $701,000 First American Title Company
Murphy Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kam Wayne $670,500
Previous Owner Great Eagle Ventures Llc $350,000
Previous Owner Gaucin Guillermo $59,679
Previous Owner Gaucin Guillermo $160,000
Previous Owner Gaucin Guillermo $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2019 01/14/19 Sold $701,000 +0.3% $240 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/15/2018 12/15/18 For Sale $699,000 -- $240 / Sq Ft
Source: MetroList

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 $13,494 $781,964 $234,589 $547,375
2024 $13,494 $766,634 $229,990 $536,644
2023 $14,021 $751,604 $225,481 $526,123
2022 $13,430 $736,870 $221,061 $515,809
2021 $12,530 $722,421 $216,726 $505,695
2020 $12,383 $715,020 $214,506 $500,514
2019 $11,193 $663,000 $198,900 $464,100
2018 $4,813 $200,388 $60,116 $140,272
2017 $4,494 $196,460 $58,938 $137,522
2016 $4,288 $192,608 $57,782 $134,826
2015 $4,257 $189,716 $56,915 $132,801
2014 $4,477 $186,000 $55,800 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18081749

MetroList

APN: 041-4157-001-05