new - 5 days on rocket

1066 54th St, Oakland, CA, 94608

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1066 54th St, Oakland$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOther
Year Built1908
HeatingOther
CoolingOther
MLS #41078637
Lot Size0.11 Acres
StatusActive

About 1066 54th St

Huge North Oakland investment with strong current income and excellent rental upside. Current cap rate is 8.0% and the current GRM is 7.31. The property offers a total of five units consisting of a 4bd/1.5bth top-floor flat, a 2bd/1bth lower level flat, a 2bd/1bth attic unit, and two studio units in the rear building. The property was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top flat and back studio unit can be delivered vacant making it perfect for an owner-occupant or investor seeking high market rents. Many of the units have been updated over time and offer newer kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. There is a nice backyard area that’s perfect for gardening, BBQs, etc. This North Oakland location is near countless restaurants, coffee shops, grocery stores and shopping and only a short commute to Downtown Oakland, Temescal, Emeryville, Berkeley, and San Francisco.

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

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

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: San Pablo Ave right on 54th St Cross Street: San Pablo Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000

Tax Information:

  • Annual Amount: $3,892
  • 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

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

1066 54th St vs Oakland

5 DAYS ON ROCKET

-28 Days

$995,000

+$134.2K More

KEY TAKEAWAY

This property is $134.2K 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: #41078637

Listing Office:

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

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: 11/14/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 23, 1996Home Sold
$35,500
Nov 23, 1988Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,892$127,889
2020$3,891$126,578
2019$3,446$124,097
2018$3,218$121,664
2017$3,218$119,279

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-325437
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-325438
7
/10

  • Malcom X Elementary School

  • 1731 Prince St

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-325439
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 1.27 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 $60,652. The majority of Oakland, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94608›1066 54th St

This home is located at 1066 54th St in Oakland, CA and zip code 94608 in the Gaskill neighborhood. This home, which was built in 1908, sits on a 0.11 acre lot. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $995,000.

In October 2024, from all listings sold in Oakland, CA there were more than 165 sold above asking price, over 45 sold below and more than 30 were sold right at the asked price. In October 2024 in Oakland, CA there were 9.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 33 days, the median list price was $860,714.

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

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