1518 7Th Ave, Oakland, CA 94606
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1518 7Th Ave Oakland, CA 94606

$350,000 Sold Price as of 07/14/2022
  • 2 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$350,000 Sold Price as of 07/14/2022 Refinance Your Mortgage

Map preview of 1518 7Th Ave, Oakland, CA 94606

Property Overview: 1518 7Th Ave Oakland, CA has 2 bedrooms, 2 bathrooms, -- living square feet and 3,815 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1518 7th Avenue is a 1,364 square foot duplex (2, 1BR/1BA layout) that is offered together with 1524 7th Avenue. Seller prefers to combine the sale of 1518 with 1524. Located in the heart of Oakland’s Clinton neighborhood, this is a property that’s ideally suited for an investor looking to expand their holdings in one of the East Bay’s most interesting neighborhoods—not only is 1518 7th avenue close to Lake Merritt and Adams Point, but it’s less than 10 minutes from Downtown Oakland and 5 minutes from Interstate 880. Such proximity to commercial centers and commuter corridors will make any future vacancies short lived as a steady stream of young professionals are likely to seek occupancy. It is also worth noting that this neighborhood is rich in restaurants, schools, parks and other green spaces making it somewhat of an idyllic option for renters from all walks of life.

Listed by Joey Wang | BRE #01890931 | Keller Williams Realty
Last checked: 3 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
3,815
HOA Dues
$0/mo
Year built
1895
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
40988136
City
Oakland
County
Alameda
Time on Site
742 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $940
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $675
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,380
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Insurance: $0
  • Professional Management: $0
  • Other Expenses: $0

Property Details for 1518 7Th Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
Room Information
  • Flooring: Tile, Vinyl, Carpet
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
Lot Information
  • Lot Size Source: Public Records
Property Information
  • Total # of Units: 2
  • Parcel Number: 2017518
Location / Neighborhood
Location Information
  • Directions: From lake, south on International Blvd, left 7th Cross Street: E 15th St.
View more facts & features

Local Oakland Agent

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Sale History for 1518 7Th Ave

Last sold for $350,000 on July 14th, 2022
  • July, 2022

  • Jul 14, 2022

    Date

    Sold

    CRMLS: 40988136

    $350,000

    Price

  • Apr 8, 2022

    Date

    Active

    CRMLS: 40988136

    $400,000

    Price

  • November, 2002

  • Nov 19, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1518 7Th Ave

Assessed Value (2020): $31,261
Year Land Value Improved Value Assessed Value
2020 $23,236 $8,025 $31,261

Home Value Compared to the Market

This property vs the competition

1518 7Th Ave sold on July 14, 2022 for 55.56% lower than the current median sold price for the city of Oakland which is $900,000.

About 1518 7Th Ave

Detailed summary of property

1518 7Th Ave is a duplex that recently sold in Oakland, CA 94606. This duplex offered 2 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 3,815 square foot lot. 1518 7Th Ave was first listed on ArdentRealEstateGroup.com on April 8, 2022. The homeowner sold the property for $350,000. Home in Oakland are selling for a median price of $900,000 and a median price per square foot of $607. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 55.56% lower than the current median priced home. While the average home in Oakland, CA is selling in 86 days, 1518 7Th Ave has a days on market of 34 days. There are currently 852 homes for sale in the Oakland real estate market and 597 of them are single family homes while 232 of them are condos and 21 are townhomes. For more information on this home for sale at 1518 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 1518 7Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1895
Sq. Ft.
1,364
Lot Size
3,815
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Alameda
Lot#
--
APN
20-175-18

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
$688,888
Median List Price/Sq.Ft.
$546
Median Sold Price
$810,500
Median Sold Price/Sq.Ft.
$545
Total Inventory
47
Median Sale to List Price %
101.44%
Avg Days on Market
14
Loan Type
Conventional (75%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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.