4 months on rocket

2231 E 28th St, Oakland, CA, 94606

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2231 E 28th St, Oakland$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Year Built1951
HeatingWall Furnace
MLS #41066047
Lot Size0.16 Acres
StatusActive

About 2231 E 28th St

Discover a VACANT, turnkey investment property in Oakland. Built in 1951, this pristine fourplex is a contemporary gem with (4) new 2BR,1BA units, meticulously updated to today's standards. Each unit features renovated kitchens with quartz countertops, sleek cabinets, modern hardware, and new appliances. Bathrooms boast new vanities, stylish showers or tubs, and chic tile flooring. Large, sunny rooms with new windows, updated flooring, and freshly painted interiors and exteriors enhance the living experience. Upgraded 100-amp electrical panels meet insurance requirements, with all work permitted and city-approved. The property offers an on-site laundry room, a new outdoor pergola, a detached garage with four secured separate garages, and ample outdoor space. Each unit has a private rear entrance leading to a shared courtyard. Preliminary permits for up to two ADUs present an opportunity to further boost rental income. Located in Oakland's serene Highland Terrace neighborhood, this property provides scenic views and a peaceful residential atmosphere, with proximity to highways, public transit, parks, schools, and shopping. With Oakland's thriving economy and Highland Terrace's blend of tranquility and convenience, this turnkey gem promises strong rental demand and long-term value!

Property Details

Property Features

Property Information:

  • Year Built: 1951

Listing Office:

  • Office Name: Lee & Associates
  • Office Phone: (925) 239-1412
  • Listing Agent: Tyler Clark

Interior Features

Interior Information:

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

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Foothill Blvd to 22nd to E 28th St. Cross Street: 22nd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

Tax Information:

  • Annual Amount: $4,030
  • 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

2231 E 28th St vs Oakland

133 DAYS ON ROCKET

+100 Days

$1,550,000

+$689.2K More

KEY TAKEAWAY

This property is $689.2K 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: #41066047

Listing Office:

  • Office Name: Lee & Associates
  • Office Phone: (925) 239-1412
  • Listing Agent: Tyler Clark

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: 11/21/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,030$103,287
2020$4,030$102,228
2019$3,475$100,225
2018$3,199$98,259
2017$3,199$96,333

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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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-394991
2
/10

  • Manzanita Community

  • 2409 E 27th St

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-394992
3
/10

  • Manzanita SEED Elementary School

  • 2409 E 27th St

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-394993
4
/10

  • Bella Vista Elementary School

  • 1025 E 28th St

  • 0.71 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 $56,471. Typical income of Oakland, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94606›2231 E 28th St

This home is located at 2231 E 28th St in Oakland, CA and zip code 94606 in the Tuxedo neighborhood. This home, which was built in 1951, sits on a 0.16 acre lot. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $1,550,000.

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. 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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