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Backup Offers

1568 7th St, Oakland, CA, 94607

$450,000

Home List Price

$5,344*

Closing Credit

2 Bedrooms
1 Full Bath
2,300 SqFt
$196/SqFt
Multi
Schools Nearby

Location

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1568 7th St, Oakland$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOther
HeatingNone
CoolingNone
MLS #324014287
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Contingent - Show)

About 1568 7th St

Discover a hidden gem nestled in the historic heart of Oakland! This unique property presents an unparalleled opportunity for investors or anyone dreaming of revitalizing a piece of history. Located mere moments from major freeways and the BART station, this home offers the ultimate convenience for commuters and city explorers alike. Seize the chance to own not just a residence, but a slice of Oakland's rich heritage. Once a bustling shoe store in the 1940s, this property boasts a versatile layout that can be effortlessly transformed into two separate living spaces. Don't miss out on this rare opportunity to bring new life to a true diamond in the rough.

Property Details

Property Features

Property Information:

  • Stories: 2
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: RE/MAX Gold
  • Office Phone: (707) 455-1200, 0
  • Listing Agent: John Wilkerson

Interior Features

Interior Information:

  • Interior: Skylight(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • McClymonds High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • West Oakland Middle School, Public District Grades 6-8
  • Preparatory Literary Academy of Cultural Excellence, Public District Grades KG-5

Other

Directions Information:

  • Directions: Peralta to 7th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $1,649
  • 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

1568 7th St vs Oakland

72 DAYS ON ROCKET

+46 Days

$450,000

-$421K Less

$196/SqFt

-$412 Less

KEY TAKEAWAY

This property is $421K less than the Median Sold Price and $412/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BAREIS MLS
  • MLS Number: #324014287

Listing Office:

  • Office Name: RE/MAX Gold
  • Office Phone: (707) 455-1200, 0
  • Listing Agent: John Wilkerson

IDXCopyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,649$27,180
2020$1,648$26,902
2019$1,487$26,374
2018$1,433$25,857
2017$1,433$25,350

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Elementary School

school-card-donut-1804913
3
/10

  • Preparatory Literary Academy of Cultural Excellence

  • 920 Campbell St

  • 0.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1804914
2
/10

  • West Oakland Middle School

  • 991 14th St

  • 0.82 miles

  • Public District Grades 6-8

High School

school-card-donut-1804915
3
/10

  • McClymonds High School

  • 2607 Myrtle St

  • 1.33 miles

  • Public District Grades 9-12

school-card-donut-1804916
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 2.32 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 $46,613. The most common annual income of people living in Oakland, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94607›1568 7th St

This home is located at 1568 7th St in Oakland, CA and zip code 94607 in the Prescott neighborhood. This 2,300 square foot home sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $450,000.

In April 2024 more than 143 listings in Oakland, CA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 30 were sold below. In April 2024 in Oakland, CA there were 22.9% more homes for sale than in March 2024. In April 2024 median list price was $871,010 and the average listing age was 26 days.

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

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