29 days on rocket

Sale Pending

7008 Spencer St, Oakland, CA, 94621

$1,199,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,700 SqFt
$444/SqFt
Multi
Schools Nearby

Location

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7008 Spencer St, Oakland$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingUncovered
Year Built1965
HeatingWall Furnace
MLS #ML81959511
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 7008 Spencer St

Presenting a lucrative multi-unit income property near Coliseum BART, airport, and I-880. This gem features 5 rented units, yielding $12,125/month. Tenants cover utilities, ensuring hassle-free management. With a prime location and stable income, it's an investor's dream. Don't miss out on this Oakland opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,700 SqFt

Listing Office:

  • Office Name: 10X Realty Mortgage
  • Office Phone: (408) 889-3519
  • Listing Agent: Kennedy Ngo

Exterior Features

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Coliseum College Preparatory Academy, Public District Grades 6-12
  • Castlemont High School, Public District Grades 9-12
  • Community United Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $444/SqFt

Tax Information:

  • Annual Amount: $5,103
  • 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

7008 Spencer St vs Oakland

29 DAYS ON ROCKET

-1 Day

$1,199,000

+$332.9K More

$444/SqFt

-$161 Less

KEY TAKEAWAY

This property is $332.9K more than the Median Sold Price and $161/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81959511

Listing Office:

  • Office Name: 10X Realty Mortgage
  • Office Phone: (408) 889-3519
  • Listing Agent: Kennedy Ngo

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: 4/30/2024, 12:55:20 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

Nov 16, 2009Home Sold
$183,000
Mar 30, 2006Home Sold
$615,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,103$218,220
2020$5,102$215,983
2019$4,603$211,748
2018$4,337$207,598
2017$4,337$203,528

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-3458449
2
/10

  • Community United Elementary School

  • 6701 International Blvd

  • 0.28 miles

  • Public District Grades KG-5

High School

school-card-donut-3458450
3
/10

  • Coliseum College Preparatory Academy

  • 1390 66th Ave

  • 0.30 miles

  • Public District Grades 6-12

school-card-donut-3458451
1
/10

  • Castlemont High School

  • 8601 Macarthur Blvd

  • 1.62 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 $31,341. Typical income of Oakland, CA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94621›7008 Spencer St

This home is located at 7008 Spencer St in Oakland, CA and zip code 94621 in the Coliseum neighborhood. This 2,700 square foot home, which was built in 1965, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $1,199,000.

In March 2024, from all listings sold in Oakland, CA there were more than 126 sold above asking price, over 40 sold below and more than 20 were sold right at the asked price. The inventory of homes for sale in Oakland, CA between February 2024 and March 2024 increased by 22.2%. In March 2024 median list price was $866,006 and the average listing age was 30 days.

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

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