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SOLD 1/25/2021
1912 16Th Ave, Oakland, CA 94606
--
bed
--
bath
· 5250
ft2 lot
$1,050,000
Listing provided courtesy of Listing Broker: QUANEN LAM, CALNET REAL ESTATE SOLUTIONS INC..
Source CRMLS.
Wonderful investment opportunity to own a well maintained, large 4-plex with excellent income & potential upside for investors and owner-occupants. Property has two tenant-occupied 3bd/1ba units & one 4bd/1ba unit with balconies and gorgeous downtown views; a 2bd/1ba unit with an office used as a 3rd bd, and patio, to be delivered vacant; and an additional large 560sf bonus area. Separate gas & electric meters. Detached parking area in rear of building. Sewer lateral completed in 2016. Estimated potential gross income of $94,000, not including any possible income from the storage area. Up & coming Rancho Antonio neighborhood with high walk score, just minutes to 880 highway & BART, Lake Merritt & University. Views: Downtown
HOA
$—/month
On market
3 months
Year built
1966
Property type
Multi-Family
Parking
MLS
40926911
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,098,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$214/day
$0
Best
Flyhomes Guaranteed Offer
$5,490
- -
$5,490
Better
Discount Brokerage
$4,002
not offered
$4,002
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
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Carpet, Laminate, Vinyl
Property, Lot, Community & Exterior Features
Property Features
•   
View: City Lights
Lot Info
•   
Lot Size Acres: 0.1200
•   
Lot Size Area: 5250.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Tar/Gravel
•   
Construction Materials: Stucco
Community Info
•   
Total Units: 4
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 65448.00
•   
Other Expense: 0.00
•   
Insurance Expense: 1400.00
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 94248.00
•   
Operating Expense: 26000.00
Lease Info
•   
Net Operating Income: 68248.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 14944.0
Listing Info
•   
Status: Closed
School Neighborhood & Directions
Location
•   
Directions: Off of 14th Avenue and Sonoma Way Cross Street: Sonoma Way.
Other
Calculation
•   
Dom: 86
•   
Cdom: 86
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 10:27am
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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walk score® :
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transit score® :
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bike score® :
Property History
01/25/2021
01/25/2021
Public Record
sold
Public Record
$1,050,000
--4.37%
01/25/2021
01/25/2021
CRMLS #40926911
sold
CRMLS #40926911
$1,098,000
01/19/2021
01/19/2021
CRMLS #40926911
pending
CRMLS #40926911
$1,098,000
10/25/2020
10/25/2020
CRMLS #40926911
active
CRMLS #40926911
$1,098,000
--4.43%
11/04/2019
11/04/2019
CRMLS #40884299
pending
CRMLS #40884299
$1,148,888
+35.96%
See more property history
Nearby Similar Homes
street view
$1,100,000
1947 E 22nd St
Oakland, CA 94606
 bed
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 · 
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