2240 Coolidge Ave, Oakland, CA 94601
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2240 Coolidge Ave Oakland, CA 94601

$908,888 Sold Price as of 10/28/2021
  • 8 Beds
  • -- Baths
  • 3,536 Sq.Ft.
Sold
$908,888 Sold Price as of 10/28/2021 Refinance Your Mortgage

Map preview of 2240 Coolidge Ave, Oakland, CA 94601

Property Overview: 2240 Coolidge Ave Oakland, CA has 8 bedrooms, -- bathrooms, 3,536 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to acquire a fully rented 4 plex. Perfect for an investor looking for additional cash flow and appreciation. Property includes 4 2/1 units, laundry room, and a parking lot in the back. Easy access to 580 and 880, and conveniently located near retail, Walgreens, shops, and restaurants on Foothill Blvd. Gross rent $60,345 NOI $40,140.49 15.74 GRM 4.225% Cap Rate

Listed by Justin Kusumowidagdo | BRE #02091819 | eXp Realty of California Inc.
Co-listed by Robert Hsu | BRE #02013369 | Green Banker Realty
Last checked: 5 days ago | Last updated: June 24th, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
ML81853495
City
Oakland
County
Alameda
Time on Site
349 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $1,401
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $1,141
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $1,117
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $1,352
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.41%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,709
  • Net Operating Income: --
  • Gross Operating Income: --
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $6,642
  • Insurance: $0
  • Maintenance: $0
  • Other Expenses: $0

Property Details for 2240 Coolidge Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Information
  • Roof: Other
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 0270881038
  • Year Built Source: Assessor
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Foothill > Coolidge
View more facts & features

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Sale History for 2240 Coolidge Ave

Last sold for $908,888 on October 28th, 2021
  • August, 2021

  • Aug 9, 2021

    Date

    Pending

    CRMLS: ML81853495

    $950,000

    Price

  • Jul 23, 2021

    Date

    Active

    CRMLS: ML81853495

    $950,000

    Price

  • November, 2006

  • Nov 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

Show More

Tax History for 2240 Coolidge Ave

Assessed Value (2020): $777,868
Year Land Value Improved Value Assessed Value
2020 $233,360 $544,508 $777,868

Home Value Compared to the Market

This property vs the competition

2240 Coolidge Ave sold on October 28, 2021 for 13.64% lower than the current median sold price for the city of Oakland which is $1,100,000. The median sold price per/sqft for Oakland is $755 and this home is sold at $268.67 per/sqft which puts the price per square foot 64.42% lower than the current median sale per square foot for the city of Oakland.

About 2240 Coolidge Ave

Detailed summary of property

2240 Coolidge Ave is a fourplex that recently sold in Oakland, CA 94601. This fourplex offered 8 bedrooms, -- bathrooms, roughly 3,536 living square feet, and sits on an approximately 5,000 square foot lot. 2240 Coolidge Ave was first listed on ArdentRealEstateGroup.com on July 23, 2021. The homeowner sold the property for $908,888. Home in Oakland are selling for a median price of $1,100,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 13.64% lower than the current median priced home. Local recently sold listings include 2046 Rutherford St, 1833 33rd Avenue and 3210 Logan St. While the average home in Oakland, CA is selling in 44 days, 2240 Coolidge Ave has a days on market of 25 days. There are currently 531 homes for sale in the Oakland real estate market and 386 of them are single family homes while 124 of them are condos and 18 are townhomes. For more information on this home for sale at 2240 Coolidge Ave Oakland, CA 94601 contact Ardent Real Estate Group and we will put you in touch with one of our Oakland agents.

Public Facts for 2240 Coolidge Ave

Public county record property details
Beds
8
Baths
4
Year built
1962
Sq. Ft.
3,536
Lot Size
5,000
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Alameda
Lot#
46&47
APN
27-881-38

The source for these homes facts are from public records.

94601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$627,000
Median List Price/Sq.Ft.
$423
Median Sold Price
$860,000
Median Sold Price/Sq.Ft.
$624
Total Inventory
28
Median Sale to List Price %
123.03%
Avg Days on Market
16
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.