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879 W Grand Ave, Oakland, CA, 94607

$1,250,000

Home List Price

$10,000*

Closing Credit

30 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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879 W Grand Ave, Oakland$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
MLS #424014823
Lot Size0.09 Acres
StatusActive

About 879 W Grand Ave

Ideal for investment or a 1031 Exchange boasting a high cap rate, this distinctive four-unit property offers a blend of passive income from residential units and a billboard structure. Each unit features 3 bedrooms and 1 bathroom, with one unit recently updated. The property is enhanced by a spacious backyard and a secure gated entry. Enjoy close proximity to the Bay Bridge, freeways, and downtown Oakland, making it a strategic location for potential investors.

Property Details

Property Features

Property Information:

  • Stories: 0

Listing Office:

  • Office Name: Realty World Bay Area Real Estate
  • Office Phone: (650) 355-2121
  • Listing Agent: Egan Lim

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 30

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • McClymonds High School, Public District Grades 9-12
  • West Oakland Middle School, Public District Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $7,061
  • 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

879 W Grand Ave vs Oakland

52 DAYS ON ROCKET

+26 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: San Francisco Association of REALTORS®
  • MLS Number: #424014823

Listing Office:

  • Office Name: Realty World Bay Area Real Estate
  • Office Phone: (650) 355-2121
  • Listing Agent: Egan Lim

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:20:37 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$7,061$331,007
2020$7,061$327,614
2019$6,377$321,193
2018$6,008$314,896
2017$6,008$308,723

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-4945146
3
/10

  • West Oakland Middle School

  • 991 14th St

  • 0.46 miles

  • Public District Grades 6-8

High School

school-card-donut-4945147
2
/10

  • McClymonds High School

  • 2607 Myrtle St

  • 0.33 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 $38,750. Typical income of Oakland, CA residents is less than $35k annually. Residents typically live in single, no kids family. 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 Homes›California›Alameda County›Oakland›94607›879 W Grand Ave

This home is located at 879 W Grand Ave in Oakland, CA and zip code 94607 in the Ralph Bunche neighborhood. This home sits on a 0.09 acre lot. Features: 30 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $1,250,000.

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. 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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