15 days on rocket

481 Van Dyke Ave, Oakland, CA, 94606

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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481 Van Dyke Ave, Oakland$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage, On Street
Year Built1923
HeatingFloor Furnace, Wall Furnace
MLS #41056196
Lot Size0.14 Acres
StatusActive

About 481 Van Dyke Ave

Welcome to your newly REMODELED VACANT triplex nestled in a vibrant and sought-after Cleveland Heights neighborhood. Enjoy the convenience of easy access to Lake Merritt, Children's Fairyland, restaurants, shops, parks, schools, & public transportation. Ideal for both seasoned investors and those looking to enter the real estate market by owner occupying one and renting the other 2 units. This 3-plex is a sound investment with its location, income potential, and long-term value. 2 of the 3 units have gotten a COMPLETE MAKE OVER from new electrical panel, wiring & fixtures, to new copper pipes, plumbing, kitchen, bath and double pane windows. There are LAUNDRY HOOKUPS AND SEPARATE METERS FOR ALL 3 units. There is an EXTRA LARGE FINISHED RUMPUS ROOM that is perfect to serve as a yoga or game room, or kid's play area. Open one wall and units 1 & 3 can be joined together to form a LARGE 4 BEDS 2.5 BATHS UNIT. The SPACIOUS BACK YARD is ideal for growing vegetables, relaxation or entertainment. SEWER LATERAL & SIDEWALK COMPLIANCE certification are done. Best of all, all 3 of these units are vacant!

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Metropolitan Real Estate & Development, Inc
  • Office Phone: (510) 999-6168
  • Listing Agent: Thanh V. Thai

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Laminate, Wood

Exterior Features

Parking Information:

  • Parking: Garage, On Street

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard, Garden
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace

School Info

Assigned Schools Information:

  • Oakland High School, Public District Grades 9-12
  • Edna Brewer Middle School, Public District Grades 6-8
  • Cleveland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Park Blvd to Brooklyn & Van Dyke Cross Street: Brooklyn Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $3,476
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

481 Van Dyke Ave vs Oakland

15 DAYS ON ROCKET

-11 Days

$1,499,000

+$627.9K More

KEY TAKEAWAY

This property is $627.9K 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: #41056196

Listing Office:

  • Office Name: Metropolitan Real Estate & Development, Inc
  • Office Phone: (510) 999-6168
  • Listing Agent: Thanh V. Thai

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, 10:25:19 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$3,476$132,914
2020$3,476$131,551
2019$3,139$128,972
2018$2,963$126,443
2017$2,963$123,964

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-4432876
7
/10
  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.08 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4432877
7
/10
  • Edna Brewer Middle School

  • 3748 13th Ave

  • 0.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4432878
4
/10
  • Oakland High School

  • 1023 Macarthur Blvd

  • 0.45 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,470. The majority of Oakland, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaAlameda CountyOakland94606481 Van Dyke Ave

This home is located at 481 Van Dyke Ave in Oakland, CA and zip code 94606 in the Cleveland Heights neighborhood. This home, which was built in 1923, sits on a 0.14 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,499,000.

While more than 143 listings in Oakland, CA in April 2024 were sold above asking price, there were more than 22 listings sold at asking price, and 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, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $871,010.

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

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