1430 7th Ave, Oakland, CA 94606
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1430 7th Ave Oakland, CA 94606

$1,105,000 Sold Price as of 11/16/2020
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,105,000 Sold Price as of 11/16/2020 Refinance Your Mortgage

Map preview of 1430 7th Ave, Oakland, CA 94606

Property Overview: 1430 7th Ave Oakland, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in over 50 years, 1430 7th Avenue is a well located and well maintained 7 unit property consisting of a 6 unit Victorian and 1 detached cottage. Many recent upgrades and improvements, and on site coin operated laundry. Value-add with potential to increase NOI by 45+%.

Listed by BLAKE MARTINI | BRE #01908725 | MARTINI COMPANY REAL ESTATE
Last checked: 58 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
40914181
City
Oakland
County
Alameda
Time on Site
1339 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.41%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $115,800
  • Net Operating Income: $76,867
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Professional Management: $0
  • Other Expenses: $0

Property Details for 1430 7th Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Forced Air, Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 7
  • Parcel Number: 2013612
Location / Neighborhood
Location Information
  • Directions: E 15th to 7th Cross Street: E 15th.
View more facts & features

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Sale History for 1430 7th Ave

Last sold for $1,105,000 on November 16th, 2020
  • November, 2020

  • Nov 21, 2020

    Date

    Sold

    CRMLS: 40914181

    $1,105,000

    Price

  • Sep 22, 2020

    Date

    Pending

    CRMLS: 40914181

    $1,199,000

    Price

  • Aug 20, 2020

    Date

    Price Change

    CRMLS: 40914181

    $1,199,000

    Price

  • Jul 28, 2020

    Date

    Active

    CRMLS: 40914181

    $1,349,000

    Price

  • November, 2020

  • Nov 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,105,000

    Price

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Tax History for 1430 7th Ave

Assessed Value (2020): $103,668
Year Land Value Improved Value Assessed Value
2020 $37,215 $66,453 $103,668

Home Value Compared to the Market

This property vs the competition

1430 7th Ave sold on November 16, 2020 for 57.99% higher than the current median sold price for the city of Oakland which is $758,888.

About 1430 7th Ave

Detailed summary of property

1430 7th Ave is a multi family that recently sold in Oakland, CA 94606. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,000 square foot lot. 1430 7th Ave was first listed on ArdentRealEstateGroup.com on July 28, 2020. The homeowner sold the property for $1,105,000. Home in Oakland are selling for a median price of $758,888 and a median price per square foot of $589. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 57.99% higher than the current median priced home. Local homes that are currently for sale include 5437 Lemon Grove Ave, 2046 S Burnside Ave and 5415 Monroe St. While the average home in Oakland, CA is selling in 87 days, 1430 7th Ave has a days on market of 46 days. There are currently 794 homes for sale in the Oakland real estate market and 549 of them are single family homes while 222 of them are condos and 21 are townhomes. For more information on this home for sale at 1430 7th Ave Oakland, CA 94606 contact Ardent Real Estate Group and we will put you in touch with one of our Oakland agents.

Public Facts for 1430 7th Ave

Public county record property details
Beds
6
Baths
7
Year built
1907
Sq. Ft.
2,914
Lot Size
4,000
Stories
3
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Alameda
Lot#
--
APN
20-136-12

The source for these homes facts are from public records.

94606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$502
Median Sold Price
$708,000
Median Sold Price/Sq.Ft.
$544
Total Inventory
34
Median Sale to List Price %
118.99%
Avg Days on Market
32
Loan Type
Conventional (57.14%), FHA (0%), VA (0%), Cash (0%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.