4 months on rocket

1035 8th Ave, Oakland, CA, 94606

$495,000

Home List Price

$5,878*

Closing Credit

0 Baths
Multi

Location

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1035 8th Ave, Oakland$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOther
Year Built1904
HeatingOther
CoolingOther
MLS #41069736
Lot Size0.07 Acres
StatusActive

About 1035 8th Ave

www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 1035 8th Ave, a charming duplex in Oakland’s desirable East Peralta neighborhood. This property, set on a 2,975 SF lot, features a spacious 2-bedroom, 1-bath master unit and a studio unit, each thoughtfully designed with a designated parking spot to enhance tenant convenience. Strategically located near the Lake Merritt BART station, this property is ideal for commuters, further increasing its appeal. It offers significant growth potential with opportunities for rental rate increases and value appreciation, making it an excellent investment for both seasoned investors and those seeking owner-occupied stability. The prime location, existing amenities, and substantial growth potential make 1035 8th Ave a standout opportunity in the Oakland real estate market. 11.87 GRM; 8.27 Market GRM Email agent on property website for more info.

Property Details

Property Features

Property Information:

  • Year Built: 1904

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: Steven Pinza

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Google Maps Cross Street: E 11th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

Tax Information:

  • Annual Amount: $6,229
  • 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

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

1035 8th Ave vs Oakland

125 DAYS ON ROCKET

+83 Days

$495,000

-$355K Less

KEY TAKEAWAY

This property is $355K less 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: #41069736

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: Steven Pinza

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: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,229$333,090
2020$6,228$329,675
2019$5,779$323,213
2018$5,520$316,877
2017$5,520$310,664

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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.

Nearby Schools

school-card-donut-4401175
4
/10

  • Franklin Elementary School

  • 915 Foothill Blvd

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4401176
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-4401177
6
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,542. Typical income of Oakland, CA residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94606›1035 8th Ave

This home is located at 1035 8th Ave in Oakland, CA and zip code 94606 in the East Peralta neighborhood. This home, which was built in 1904, sits on a 0.07 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $495,000.

Over 122 listings were sold over their listed price in November 2024 in Oakland, CA. In the same period over 59 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Oakland, CA decreased by 12.3% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $850,000.

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

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