4 months on rocket

1838 5th Ave, Oakland, CA, 94606

$1,380,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1838 5th Ave, Oakland$1,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1953
HeatingElectric, Gravity, Wall Furnace
CoolingWall/Window Unit(s)
MLS #41068695
Lot Size0.17 Acres
StatusActive

About 1838 5th Ave

Located in the beautiful and convenient Lake Merritt area, this rare property with four units is back on the market with many surprises. The seller used a large sum of money to buy out the long-term tenants in three units, enabling to renovate these units. Units #1 now feature brand new bathroom, new laminate floor, fresh paint, and new refrigerators. Unit #2 now features brand new bathroom, refresh hardwood floors, fresh paint, double panel windows. 1836 is a cute cottage single house sitting in the rear, tile and laminate floor, fresh paint. The entire building has a new roof, exterior paint, and a spacious backyard that can accommodate over 10 cars. There is great potential to expand the property to 10 units, with the possibility of converting the existing large garage into an office space, providing ample storage space, or converting it into additional units. Don’t disturb unit #3 tenants, open house 8/4/24 1-4pm.

Property Details

Property Features

Property Information:

  • Year Built: 1953

Listing Office:

  • Office Name: Outstanding Investment Co.
  • Office Phone: (510) 352-9100
  • Listing Agent: Yanling Huang

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Laminate, Wood

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Garden
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Gravity, Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: FW 580, exit Park Blvd, turn left on 5Th Ave. Cross Street: E 18TH St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,380,000

Tax Information:

  • Annual Amount: $8,934
  • 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

1838 5th Ave vs Oakland

136 DAYS ON ROCKET

+94 Days

$1,380,000

+$530K More

KEY TAKEAWAY

This property is $530K 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: #41068695

Listing Office:

  • Office Name: Outstanding Investment Co.
  • Office Phone: (510) 352-9100
  • Listing Agent: Yanling Huang

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, 2:20:58 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

Mar 27, 2013Home Sold
$390,000
Dec 10, 1996Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,934$463,931
2020$8,933$459,176
2019$8,164$450,175
2018$7,480$441,350
2017$7,480$413,801

History based on county public records data.

Payment Calculator

$6,955

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,204

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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-4332746
4
/10

  • Franklin Elementary School

  • 915 Foothill Blvd

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-4332747
6
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-4332748
4
/10

  • Bella Vista Elementary School

  • 1025 E 28th St

  • 0.66 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 $40,821. The most common annual income of people living in Oakland, CA is between $35k-100k. The majority of families are single, no kids. 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›1838 5th Ave

This home is located at 1838 5th Ave in Oakland, CA and zip code 94606 in the Ivy Hill neighborhood. This home, which was built in 1953, sits on a 0.17 acre lot. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $1,380,000.

In November 2024 more than 122 listings in Oakland, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 59 were sold below. The inventory of homes for sale in Oakland, CA between October 2024 and November 2024 decreased by 12.3%. 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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