Seller's Agent in 2021
Timothy Warren
Nai Northern California
(510) 336-4719
1 in this area
43 Total Sales
14-unit multifamily property located in Oakland on the Emeryville border. The property consists of 14 studio apartments, greatly increasing the price/SF rental yield and lowering maintenance and utility expenses. The building sits above eight covered parking spaces, increasing the desirability for tenants and offering the owner an additional revenue source. The property offers updated units with on-site laundry and tenant storage lockers. In addition, the property offers a significant value-add component, allowing the new owner impressive upside potential upon unit turnover. Located in Oakland's Clawson neighborhood just two blocks from Emeryville. Situated near the Bay Bridge Shopping Center, the property gives tenants the convenience of Target, Starbucks Coffee, Ikea, Best Buy, and much more all within walking distance. Tenants may also indulge in the best of Bay Street's restaurants and activities including the AMC Bay Street Movie Theater, Barnes and Noble, PF Changs.
Last Agent to Sell the Property
Nai Northern California License #02008347 Listed on: 09/26/2020
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $2,150,000 | -- | -- |
| 05/26/2021 05/26/21 | Sold | $2,150,000 | -10.2% | $502 / Sq Ft |
| 03/25/2021 03/25/21 | Pending | -- | -- | -- |
| 09/26/2020 09/26/20 | For Sale | $2,395,000 | -- | $560 / Sq Ft |
| 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 | $40,005 | $2,321,141 | $757,694 | $1,563,447 |
| 2024 | $40,005 | $2,275,637 | $742,840 | $1,532,797 |
| 2023 | $41,536 | $2,231,033 | $728,280 | $1,502,753 |
| 2022 | $39,586 | $2,187,288 | $714,000 | $1,473,288 |
| 2021 | $20,038 | $941,374 | $280,967 | $660,407 |
| 2020 | $19,841 | $937,040 | $278,088 | $658,952 |
| 2019 | $17,986 | $917,188 | $272,636 | $644,552 |
| 2018 | $17,568 | $897,647 | $267,292 | $630,355 |
| 2017 | $16,379 | $880,092 | $262,052 | $618,040 |
| 2016 | $15,955 | $862,883 | $256,916 | $605,967 |
| 2015 | $15,849 | $849,957 | $253,058 | $596,899 |
| 2014 | $14,535 | $702,092 | $175,000 | $527,092 |
Seller's Agent in 2021
Timothy Warren
Nai Northern California
(510) 336-4719
1 in this area
43 Total Sales
Source: bridgeMLS
MLS Number: 40922728
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