7 months on rocket

2306 Waverly St, Oakland, CA, 94612

$2,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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2306 Waverly St, Oakland$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1911
CoolingNone
MLS #41060912
Lot Size0.18 Acres
StatusActive

About 2306 Waverly St

The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

Property Details

Property Features

Property Information:

  • Year Built: 1911

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Waverly and 23rd St Cross Street: 23rd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $15,645
  • 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

2306 Waverly St vs Oakland

212 DAYS ON ROCKET

+170 Days

$2,000,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M 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: #41060912

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

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: 12/23/2024, 2:21:00 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$15,645$444,253
2020$15,644$439,699
2019$13,789$431,080
2018$11,910$422,628
2017$11,910$414,342

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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-1205343
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-1205344
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-1205345
6
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 1.16 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 $18,911. Residents of Oakland, CA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2306 Waverly St

What is the listing price of this property?

The listing price of 2306 Waverly St property is $2,000,000.

What type of property is this?

The property 2306 Waverly St is a house located in Oakland, California, 94612.

Is this property for sale now?

Active Listing: 2306 Waverly St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,645 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 2306 Waverly St is 1911.

Rocket Homes›California›Alameda County›Oakland›94612›2306 Waverly St

This home is located at 2306 Waverly St in Oakland, CA and zip code 94612 in the Waverly neighborhood. This home, which was built in 1911, sits on a 0.18 acre lot. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $2,000,000.

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. In November 2024 in Oakland, CA there were 12.3% less homes for sale than in October 2024. While the average time on the market in November 2024 was 42 days, the median list price was $850,000.

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

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