2 months on rocket

1423 4th Ave, Oakland, CA, 94606

$1,020,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1423 4th Ave, Oakland$1,020,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1912
HeatingNone
MLS #41074381
Lot Size0.10 Acres
StatusActive

About 1423 4th Ave

1421-1423 4th Ave is a duplex just blocks from Lake Merritt. Great opportunity for an owner/investor to occupy one and rent the other. Or investors who are seeking to capitalize Oakland's thriving rental market with a GRM of 6% Cap Rate or more. Both upper and lower units feature 3 bedroom and 1.5 bath. off street vehicle parking space. Both the upper and lower unit can access a rear deck. Strategically located near the 580 freeway and easy walking access to the lake and downtown Oakland. A expanded backyard good opportunity for ADU. This duplex will be sold as is.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Open Realty
  • Office Phone: (650) 387-1308
  • Listing Agent: Huiqing Zhu

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: None

Other

Directions Information:

  • Directions: 580 exit 22B toward 14th Ave/Park Blvd, to 4th Ave Cross Street: 4th ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,020,000

Tax Information:

  • Annual Amount: $7,246
  • 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

1423 4th Ave vs Oakland

83 DAYS ON ROCKET

+41 Days

$1,020,000

+$170K More

KEY TAKEAWAY

This property is $170K 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: #41074381

Listing Office:

  • Office Name: Open Realty
  • Office Phone: (650) 387-1308
  • Listing Agent: Huiqing Zhu

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, 7:20:58 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

Aug 21, 1989Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,246$407,910
2020$7,246$403,730
2019$6,751$395,814
2018$6,461$388,055
2017$6,461$380,447

History based on county public records data.

Payment Calculator

$5,158

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,125

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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-4436101
4
/10

  • Franklin Elementary School

  • 915 Foothill Blvd

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4436102
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-4436103
6
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.75 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 $22,965. Typical income of Oakland, CA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94606›1423 4th Ave

This home is located at 1423 4th Ave in Oakland, CA and zip code 94606 in the Merritt neighborhood. This home, which was built in 1912, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,020,000.

In November 2024, from all listings sold in Oakland, CA there were more than 122 sold above asking price, over 59 sold below and more than 21 were sold right at the asked price. The number of homes for sale in Oakland, CA decreased by 12.3% between October 2024 and November 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $850,000 during the same period.

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

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