13 days on rocket

518 E 18th St, Oakland, CA, 94606

$980,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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518 E 18th St, Oakland$980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1923
MLS #41059727
Lot Size0.09 Acres
StatusActive

About 518 E 18th St

Introducing Oakland’s 518 E 18th Street—the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units are tenant occupied, while the third unit (a rear-facing 1BR) will be vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children’s Hospital, and Laney College

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Tile, Wood

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • Metwest High School, Public District Grades 9-12
  • Oakland High School, Public District Grades 9-12
  • Edna Brewer Middle School, Public District Grades 6-8
  • Bella Vista Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 5th Ave to E 18th St. Cross Street: 5th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $980,000

Tax Information:

  • Annual Amount: $7,881
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

518 E 18th St vs Oakland

13 DAYS ON ROCKET

-13 Days

$980,000

+$108.9K More

KEY TAKEAWAY

This property is $108.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41059727

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

IDX 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: 5/29/2024, 4:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 03, 2013Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,881$481,304
2020$7,880$476,369
2019$7,394$467,032
2018$7,132$457,878
2017$7,132$448,902

History based on county public records data.

Payment Calculator

$4,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,005

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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

school-card-donut-4191659
4
/10

  • Bella Vista Elementary School

  • 1025 E 28th St

  • 0.68 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4191660
6
/10

  • Edna Brewer Middle School

  • 3748 13th Ave

  • 1.17 miles

  • Public District Grades 6-8

High School

school-card-donut-4191661
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 0.44 miles

  • Public District Grades 9-12

school-card-donut-4191662
4
/10

  • Oakland High School

  • 1023 Macarthur Blvd

  • 0.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,821. Typical income of Oakland, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94606›518 E 18th St

This home is located at 518 E 18th St in Oakland, CA and zip code 94606 in the Ivy Hill neighborhood. This home, which was built in 1923, sits on a 0.09 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $980,000.

While more than 143 listings in Oakland, CA in April 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 30 were sold below. The number of listings in Oakland, CA increased by 22.9% between March 2024 and April 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $871,010.

From Rocket Homes Real Estate and based on county public records data.

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