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SOLD 11/16/2020
1430 7th Ave, Oakland, CA 94606
--
bed
--
bath
· 4000
ft2 lot
$1,105,000
Listing provided courtesy of Listing Broker: BLAKE MARTINI, MARTINI COMPANY REAL ESTATE.
Source CRMLS.
First time on the market in over 50 years, 1430 7th Avenue is a well located and well maintained 7 unit property consisting of a 6 unit Victorian and 1 detached cottage. Many recent upgrades and improvements, and on site coin operated laundry. Value-add with potential to increase NOI by 45+%.
HOA
$—/month
On market
a month
Year built
1907
Property type
Multi-Family
Parking
MLS
40914181
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,199,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$233/day
$0
Best
Flyhomes Guaranteed Offer
$5,995
- -
$5,995
Better
Discount Brokerage
$4,416
not offered
$4,416
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included
•   
Appliances: Gas Water Heater
•   
Has Appliances
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air, Natural Gas, Wall Furnace
•   
Cooling Details: See Remarks
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Acres: 0.0900
•   
Lot Size Area: 4000.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Shingle
•   
Construction Materials: See Remarks, Wood Siding
Community Info
•   
Total Units: 7
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Gas
•   
Tax Annual Amount: 0.00
•   
Other Expense: 0.00
•   
Cap Rate: 6.41
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 115800.00
Lease Info
•   
Net Operating Income: 76867.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 5370.0
Listing Info
•   
Status: Closed
School Neighborhood & Directions
Location
•   
Directions: E 15th to 7th Cross Street: E 15th.
Other
Calculation
•   
Dom: 46
•   
Cdom: 46
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 11, 2021 2:59pm
Neighborhood snapshot
30
Properties for sale
12
Median days on market
$538.00
Median sold price/sqft
112.95%
Sold/List %
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Property History
11/16/2020
11/16/2020
Public Record
sold
Public Record
$1,105,000
--7.84%
11/16/2020
11/16/2020
CRMLS #40914181
sold
CRMLS #40914181
$1,199,000
09/11/2020
09/11/2020
CRMLS #40914181
pending
CRMLS #40914181
$1,199,000
08/20/2020
08/20/2020
CRMLS #40914181
active
CRMLS #40914181
$1,199,000
--11.12%
07/27/2020
07/27/2020
CRMLS #40914181
active
CRMLS #40914181
$1,349,000
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 bed
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 · 
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