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127 E 16th St, Oakland, CA, 94606

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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127 E 16th St, Oakland$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1907
HeatingForced Air
ViewLake
MLS #41073855
Lot Size0.10 Acres
StatusActive

About 127 E 16th St

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings Oakland’s 127 E 16th Street is a 3,516 sq. ft. triplex divided into three, unique floor plans: 2BR/1.5BA, a 2BR/2BA, and a 3BR/1BA. In addition to being recently renovated, all three units come with high ceilings and large windows that allow natural light to pour in. Do note that two of the units will be delivered vacant, making this investment opportunity particularly desirable for buyers who want to own and occupy. Onsite laundry is included with this property, as is off-street parking, which is difficult to come by in the area. Geographically, the property sits at the southern end of Lake Merritt, one block from Pitman Green, six blocks from Peralta Park, and about eight blocks for Laney College. More importantly, 127 E 16th Street is around the corner from both Walgreens and Lucky, and less than a mile from the nearest BART station (Lake Merritt) and freeway (I-880). For buyers valuing convenience, comfort, and clean living, this is an opportunity that can’t be taken for granted.

Property Details

Property Features

Property Information:

  • Year Built: 1907

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Dryer, Washer
  • Flooring Type: Laminate, Wood

Exterior Features

Exterior Information:

  • View: Lake

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Metwest High School, Public District Grades 9-12
  • Oakland High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • La Escuelita Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South on Lakeshore, left on E 16th Cross Street: Lakeshore Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $12,295
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$873.5K

Med. Price/SqFt

$596

Avg. Days On Market

36

# of Sold Homes

234

127 E 16th St vs Oakland

1 DAY ON ROCKET

-35 Days

$1,100,000

+$226.4K More

KEY TAKEAWAY

This property is $226.4K 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: #41073855

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: 9/20/2024, 10:20:52 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 16, 2000Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,295$738,900
2020$12,294$731,325
2019$11,362$716,989
2018$10,876$702,933
2017$10,876$689,153

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-157846
4
/10
  • La Escuelita Elementary School

  • 1100 3rd Ave

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-157847
2
/10
  • Westlake Middle School

  • 2629 Harrison St

  • 1.11 miles

  • Public District Grades 6-8

High School

school-card-donut-157848
5
/10
  • Metwest High School

  • 1100 3rd Ave

  • 0.27 miles

  • Public District Grades 9-12

school-card-donut-157849
4
/10
  • Oakland High School

  • 1023 Macarthur Blvd

  • 1.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,153. The most common annual income of people living in Oakland, CA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaAlameda CountyOakland94606127 E 16th St

This home is located at 127 E 16th St in Oakland, CA and zip code 94606 in the Merritt neighborhood. This home, which was built in 1907, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $1,100,000.

In August 2024, from all listings sold in Oakland, CA there were more than 136 sold above asking price, over 61 sold below and more than 18 were sold right at the asked price. Between July 2024 and August 2024, Oakland, CA real estate market has seen increase in the number of listings by 6.5%. Listings spent 36 days on the market in August 2024, and had a median list price of $873,593 during the same period.

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

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