3 months on rocket

138 Monte Cresta Ave, Oakland, CA, 94611

$6,950,000

14 Bedrooms
0 Baths
20,507 SqFt
$339/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingAttached, Covered, Garage
Attached Garage21 spaces
Year Built1929
MLS #424051488
Lot Size0.33 Acres
StatusActive

About 138 Monte Cresta Ave

138 Monte Cresta is a fantastic 30 unit trophy corner apartment building excellently located off Piedmont Ave. in Oakland, CA. The property consists of 14 one bedroom units and 16 studio apartments. All units except two have been renovated and the majority have updated kitchens and bathrooms. Most units have excellent natural light and ample closet/storage space. There is one stack of studios that are all electric powered, otherwise, the units have gas stoves, and are separately metered for gas and electricity. There are dishwashers in all units and a laundry room with 3 washers and 3 dryers, all coin operated. The building boasts a lush entry walkway, a lovely lobby, and a huge, beautiful park-like side yard with sitting areas for tenants to enjoy the surrounding tree grove. This corner property has two garages with 13 parking spaces in the upper garage and 8 car parking in the lower garage, totaling 21 parking spaces. Owner provides steam heat.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 0
  • Living Area: 20,507 SqFt

Listing Office:

  • Office Name: Coldwell Banker Commercial Realty
  • Office Phone: (415) 474-1750
  • Listing Agent: Dan McGue

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Garage Space: 21 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac, Landscaped, Irregular Lot
  • Lot Size: 0.33 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,950,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $79,756
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

138 Monte Cresta Ave vs Oakland

117 DAYS ON ROCKET

+84 Days

$6,950,000

+$6.0M More

$339/SqFt

-$252 Less

KEY TAKEAWAY

This property is $6.0M more than the Median Sold Price and $252/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424051488

Listing Office:

  • Office Name: Coldwell Banker Commercial Realty
  • Office Phone: (415) 474-1750
  • Listing Agent: Dan McGue

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:55 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

May 21, 2007Home Sold
$3,900,000

Tax History

YEARPROP. TAXASSESSMENT
2021$79,756$4,827,214
2020$79,756$4,765,211
2019$73,240$4,671,812
2018$69,507$4,580,241
2017$69,507$4,490,460

History based on county public records data.

Payment Calculator

$34.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.9K

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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-581107
8
/10
  • Beach Elementary School

  • 100 Lake Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-581108
3
/10
  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-581109
6
/10
  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.81 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,020. Most Oakland, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaAlameda CountyOakland94611138 Monte Cresta Ave

This home is located at 138 Monte Cresta Ave in Oakland, CA and zip code 94611. This 20,507 square foot home, which was built in 1929, sits on a 0.33 acre lot. Features: 14 bedrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $6,950,000.

Over 165 listings were sold over their listed price in October 2024 in Oakland, CA. In the same period over 45 listings were sold below the listed price and 30 listings were sold for the listed price. The number of homes for sale in Oakland, CA increased by 9.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

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

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