454 Wesley Ave, Oakland, CA 94606
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454 Wesley Ave Oakland, CA 94606

$1,575,000 Sold Price as of 06/07/2022
  • 12 Beds
  • 12 Baths
  • -- Sq.Ft.
Sold
$1,575,000 Sold Price as of 06/07/2022 Refinance Your Mortgage

Map preview of 454 Wesley Ave, Oakland, CA 94606

Property Overview: 454 Wesley Ave Oakland, CA has 12 bedrooms, 12 bathrooms, -- living square feet and 4,384 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Oakland's Finest Loft Style Apartment Building. Unparalleled lake and city views from every unit. Each +/- 2,250 SF updated apartment has exclusive elevator access, private balconies; three bedrooms and two baths. Attached garage parking with tandem space. Two of the garages could accommodate multiple vehicles Tenant in Common structure in place providing pathway to possibly sell to sell each residence individually. Alternatively, multiple family members or groups could occupy separate floors. Steel construction. Expansive views. Huge open living spaces. Updated interiors. A gem not to be missed. https://app.disclosures.io/link/454-Wesley-Avenue-02p1anes Views: Downtown

Listed by Benjamin Marcus | BRE #01348820 | MARCUS REALTY
Last checked: 11 minutes ago | Last updated: June 28th, 2022 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
4,384
HOA Dues
$0/mo
Year built
1967
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
40977080
City
Oakland
County
Alameda
Time on Site
843 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Total Rent: $4,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $223,800
  • Net Operating Income: $130,012
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $90,192
  • Insurance: $5,933
  • Professional Management: $8,760
  • Other Expenses: $2,715

Property Details for 454 Wesley Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Direct Garage Access, Assigned, Garage Door Opener
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Public Records
Property Information
  • Has View
  • View: Canyon, Lake, Panoramic
  • Total # of Units: 4
  • Parcel Number: 2230941
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Subdivision Name: LAKESHORE VIEWS
  • Directions: 580 to Lakeshore Exit take Lakeshore to Wesley. Cross Street: Lakeshore Drive.
View more facts & features

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Sale History for 454 Wesley Ave

Last sold for $1,575,000 on June 7th, 2022
  • January, 2022

  • Jan 4, 2022

    Date

    Coming Soon

    CRMLS: 40977080

    $3,950,000

    Price

  • October, 2021

  • Oct 15, 2021

    Date

    Canceled

    CRMLS: 40959253

    $1,395,000

    Price

  • Oct 8, 2021

    Date

    Pending

    CRMLS: 40959253

    $1,395,000

    Price

  • Jul 17, 2021

    Date

    Active

    CRMLS: 40959253

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    The 454 Wesley is an enclave of four unique TIC units located in the highly coveted Cleveland Heights/Lake Merritt neighborhood. The homes are modern with inviting decks overlooking the iconic Lake Merritt and Downtown views. Each unit occupies the entire floor ensuring the ultimate in privacy and carefree luxe living. The perfect pied a terre. The penthouse unit consists of 3 bedrooms/2baths with 2 ensuites with a 3rd bedroom with cozy fireplace. Open concept living with spectacular views from every room. Chef's kitchen with stainless steel appliances, custom cabinetry. Hardwood floors, recessed lighting, in unit washer/dryer, designer fixtures, updated bathrooms are just a few of the reasons to call this home. Views: Downtown

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2019

  • Jan 18, 2019

    Date

    Sold

    CRMLS: 40605395

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    All units approx 2,100 sf Great Views of Lake Merritt and Downtown. Close to Transportation and shopping. Elevator stops at each floor with keyed access. Penthouse style building. All units have out door space. Top floor unit has been remodeled. All other units are in need of rehab. Views: Downtown

  • January, 2019

  • Jan 18, 2019

    Date

    Expired

    CRMLS: 40651084

    --

    Price

  • Listing provided courtesy of CRMLS

    Fabulous Penthouse Style 4-Plex Overlooking Lake Merritt & Vibrant Downtown Oakland. Large & flexible one level floor-plans w/views from every room! Keyed elevator w/direct access to each unit, assigned & separate garages; plus in-unit laundry.

  • March, 2013

  • Mar 29, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

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Tax History for 454 Wesley Ave

Assessed Value (2020): $1,914,131
Year Land Value Improved Value Assessed Value
2020 $574,239 $1,339,892 $1,914,131

Home Value Compared to the Market

This property vs the competition

454 Wesley Ave sold on June 7, 2022 for 277.22% higher than the current median sold price for the city of Oakland which is $900,000.

About 454 Wesley Ave

Detailed summary of property

454 Wesley Ave is a fourplex that recently sold in Oakland, CA 94606. This fourplex offered 12 bedrooms, 12 bathrooms, roughly -- living square feet, and sits on an approximately 4,384 square foot lot. 454 Wesley Ave was first listed on ArdentRealEstateGroup.com on January 4, 2022. The homeowner sold the property for $1,575,000. 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 277.22% higher than the current median priced home. Local homes that are currently for sale include 3777 S Centinela Ave, 951 N Martel Ave and 3501 Keystone Ave. While the average home in Oakland, CA is selling in 83 days, 454 Wesley Ave has a days on market of 96 days. There are currently 888 homes for sale in the Oakland real estate market and 632 of them are single family homes while 234 of them are condos and 20 are townhomes. For more information on this home for sale at 454 Wesley 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 454 Wesley Ave

Public county record property details
Beds
8
Baths
4
Year built
1967
Sq. Ft.
8,248
Lot Size
4,384
Stories
5
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Alameda
Lot#
--
APN
22-309-41

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.
$551
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.