Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans, prefect for house hacking or additional cashflow. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. Contact the listing agent today for more details. This won't last.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1950
Living Area: 1,870 SqFt
Listing Office:
Office Name: Fathom Realty Group, Inc
Office Phone: (310) 710-9337
Listing Agent: Quan Zou
Interior Features
Interior Information:
Appliances: Gas Water Heater, Dryer
Flooring Type: Vinyl
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Off Street
Lot Features
Lot Information:
Lot: Back Yard, Front Yard
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
Madison Park Academy 6-12, Public District Grades 6-12
Castlemont High School, Public District Grades 9-12
Coliseum College Preparatory Academy, Public District Grades 6-12
Esperanza Elementary School, Public District Grades KG-5
Fred T. Korematsu Discovery Academy, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $880,000
Price Per SqFt: $471/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Oakland, CA.
This property is $13.9K more than the Median Sold Price and $134/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: #41056155
Listing Office:
Office Name: Fathom Realty Group, Inc
Office Phone: (310) 710-9337
Listing Agent: Quan Zou
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: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,460
Per Month
Principal & Interest
$4,393
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,705
Powered By
Advertisement
NMLS#3030
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
2
/10
Esperanza Elementary School
10315 E St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
3
/10
Fred T. Korematsu Discovery Academy
10315 E St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
High School
3
/10
Madison Park Academy 6-12
400 Capistrano Dr
Distance between this listing and this school0.63 miles
Public District Grades 6-12
1
/10
Castlemont High School
8601 Macarthur Blvd
Distance between this listing and this school1.69 miles
Public District Grades 9-12
3
/10
Coliseum College Preparatory Academy
1390 66th Ave
Distance between this listing and this school2.14 miles
Public District Grades 6-12
Assigned Schools
2
/10
Esperanza Elementary School
10315 E St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
3
/10
Fred T. Korematsu Discovery Academy
10315 E St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
Nearby Schools
6
/10
Aspire Monarch Academy
1445 101st Ave
Distance between this listing and this school0.54 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Elmhurst Community Preparatory
1800 98th Ave
Distance between this listing and this school0.81 miles
Public District Grades 6-8
4
/10
Lighthouse Community Charter
444 Hegenberger Rd
Distance between this listing and this school1.28 miles
Public Charter Grades KG-8
3
/10
Bancroft Middle School
1150 Bancroft Ave
Distance between this listing and this school1.45 miles
Public District Grades 6-8
Assigned Schools
3
/10
Madison Park Academy 6-12
400 Capistrano Dr
Distance between this listing and this school0.63 miles
Public District Grades 6-12
1
/10
Castlemont High School
8601 Macarthur Blvd
Distance between this listing and this school1.69 miles
Public District Grades 9-12
3
/10
Coliseum College Preparatory Academy
1390 66th Ave
Distance between this listing and this school2.14 miles
The neighbors living near this home have an average income of $51,190. Residents of Oakland, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This 1,870 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $880,000.
Oakland, CA housing market in March 2024 saw over 126 listings sold above listed price, more than 20 sold at listed price and over 40 sold below. The number of homes for sale in Oakland, CA increased by 22.2% between February 2024 and March 2024. 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.