16 days on rocket

1066 54th St, Oakland, CA, 94608

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1066 54th St, Oakland$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1908
HeatingOther
CoolingOther
MLS #41059444
Lot Size0.11 Acres
StatusActive

About 1066 54th St

Large North Oakland Queen Anne Victorian investment with strong current income and excellent rental upside. Current cap rate: 5.63%, Current GRM: 12.01. The property offers a total of five units including one 4bd/1.5bth unit, two 2bd/1bth units, and two studio units in the rear building. The building was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top level 4bd/1bth unit will be delivered vacant at closing and is perfect for an owner-occupant or investor seeking high market rents. Many of the units are remodeled and offer updated kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. The property is low maintenance and easy to manage providing for low annual operating expenses. This is a great location close to countless restaurants, coffee shops, grocery stores, Temescal, Berkeley, Emeryville, and multiple BART stations. This is a perfect opportunity for an owner-occupant or investor to acquire a turn-key property in one of Oakland's best neighborhoods with excellent long-term potential.

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: David Howarth

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Oakland Technical High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • Sankofa Academy, Public District Grades KG-8
  • Claremont Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: San Pablo Ave Right on 54th Set Cross Street: San Pablo Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $3,892
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

1066 54th St vs Oakland

16 DAYS ON ROCKET

-10 Days

$1,250,000

+$378.9K More

KEY TAKEAWAY

This property is $378.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41059444

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: David Howarth

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 8:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 23, 1996Home Sold
$35,500
Nov 23, 1988Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,892$127,889
2020$3,891$126,578
2019$3,446$124,097
2018$3,218$121,664
2017$3,218$119,279

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3922682
5
/10

  • Sankofa Academy

  • 581 61st St

  • 1.07 miles

  • Public District Grades KG-8

school-card-donut-3922683
6
/10

  • Claremont Middle School

  • 5750 College Ave

  • 1.65 miles

  • Public District Grades 6-8

High School

school-card-donut-3922684
7
/10

  • Oakland Technical High School

  • 4351 Broadway

  • 1.48 miles

  • Public District Grades 9-12

school-card-donut-3922685
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 3.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,652. The majority of Oakland, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94608›1066 54th St

This home is located at 1066 54th St in Oakland, CA and zip code 94608 in the Gaskill neighborhood. This home, which was built in 1908, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $1,250,000.

Oakland, CA housing market in April 2024 saw over 143 listings sold above listed price, more than 22 sold at listed price and over 30 sold below. The inventory of homes for sale in Oakland, CA between March 2024 and April 2024 increased by 22.9%. While the average time on the market in April 2024 was 26 days, the median list price was $871,010.

From Rocket Homes Real Estate and based on county public records data.

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