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3314 Farnam St, Oakland, CA, 94601

$899,500

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3314 Farnam St, Oakland$899,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Year Built1923
HeatingWall Furnace
MLS #41053819
Lot Size0.09 Acres
StatusActive

About 3314 Farnam St

Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: Michael Pagones

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile, Wood

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Life Academy, Public District Grades 6-12
  • Urban Promise Academy, Public District Grades 6-8
  • United For Success Academy, Public District Grades 6-8
  • International Community, Public District Grades KG-5
  • Think College Now, Public District Grades KG-5

Other

Directions Information:

  • Directions: from I880S Exit 39A-Fruitvale Ave Cross Street: 33rd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,500

Tax Information:

  • Annual Amount: $17,946
  • 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

$866K

Med. Price/SqFt

$605

Avg. Days On Market

30

# of Sold Homes

206

3314 Farnam St vs Oakland

36 DAYS ON ROCKET

+6 Days

$899,500

+$33.4K More

KEY TAKEAWAY

This property is $33.4K 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: #41053819

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: Michael Pagones

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: 5/1/2024, 9:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2016Home Sold
$930,000
Apr 09, 2013Home Sold
$347,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,946$994,563
2020$17,946$984,368
2019$19,413$965,074
2018$14,769$946,152
2017$14,769$927,600

History based on county public records data.

Payment Calculator

$4,557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,763

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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-4115926
3
/10

  • International Community

  • 2825 International Blvd

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4115927
2
/10

  • Think College Now

  • 2825 International Blvd

  • 0.38 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4115928
3
/10

  • Urban Promise Academy

  • 3031 E 18th St

  • 0.29 miles

  • Public District Grades 6-8

school-card-donut-4115929
2
/10

  • United For Success Academy

  • 2101 35th Ave

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-4115930
6
/10

  • Life Academy

  • 2101 35th Ave

  • 0.62 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,849. Residents of Oakland, CA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94601›3314 Farnam St

This home is located at 3314 Farnam St in Oakland, CA and zip code 94601 in the Saint Elizabeth neighborhood. This home, which was built in 1923, sits on a 0.09 acre lot. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $899,500.

Over 126 listings were sold over their listed price in March 2024 in Oakland, CA. In the same period over 40 listings were sold below the listed price and 20 listings were sold for the listed price. In March 2024 in Oakland, CA there were 22.2% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $866,006, while the average time on the real estate market was 30 days.

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

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