3 months on rocket

305 Vernon St, Oakland, CA, 94610

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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305 Vernon St, Oakland$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1912
HeatingWall Furnace
CoolingNone
MLS #41066059
Lot Size0.17 Acres
StatusActive

About 305 Vernon St

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Oakland Technical High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: MacArthur Blvd to Vernon St Cross Street: Perkins St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $21,247
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$867.8K

Med. Price/SqFt

$594

Avg. Days On Market

36

# of Sold Homes

193

305 Vernon St vs Oakland

100 DAYS ON ROCKET

+64 Days

$1,900,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M 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: #41066059

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (925) 934-2900
  • Listing Agent: Joey Wang

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: 10/27/2024, 6:20:50 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 03, 2012Home Sold
$1,142,500
Aug 16, 2006Home Sold
$1,365,000
Jul 02, 2004Home Sold
$1,030,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,247$1,296,317
2020$21,246$1,283,030
2019$19,740$1,257,882
2018$18,859$1,233,223
2017$18,859$1,209,043

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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.

Elementary School

school-card-donut-823893
7
/10
  • Lincoln Elementary School

  • 225 11th St

  • 1.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-823894
2
/10
  • Westlake Middle School

  • 2629 Harrison St

  • 0.22 miles

  • Public District Grades 6-8

High School

school-card-donut-823895
7
/10
  • Oakland Technical High School

  • 4351 Broadway

  • 1.21 miles

  • Public District Grades 9-12

school-card-donut-823896
5
/10
  • Metwest High School

  • 1100 3rd Ave

  • 1.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,735. Typical income of Oakland, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 Vernon St

What is the listing price of this property?

The listing price of 305 Vernon St property is $1,900,000.

What type of property is this?

The property 305 Vernon St is a condo located in Oakland, California, 94610.

Is this property for sale now?

Active Listing: 305 Vernon St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 305 Vernon St are:
Lincoln Elementary School: GreatSchools Rating 7/10
Westlake Middle School: GreatSchools Rating 2/10
Oakland Technical High School: GreatSchools Rating 7/10
Metwest High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,247 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2012 for $1,142,500. (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 Vernon St is 1912.

Rocket HomesCaliforniaAlameda CountyOakland94610305 Vernon St

This home is located at 305 Vernon St in Oakland, CA and zip code 94610 in the Adams Point neighborhood. This home, which was built in 1912, sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,900,000.

Oakland, CA housing market in September 2024 saw over 118 listings sold above listed price, more than 19 sold at listed price and over 40 sold below. The inventory of homes for sale in Oakland, CA between August 2024 and September 2024 increased by 18%. In September 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $867,828.

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

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