1 year on rocket

4255 Terrace St, Oakland, CA, 94611

$949,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4255 Terrace St, Oakland$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingGarage
Year Built1912
HeatingNatural Gas
MLS #41036938
Lot Size0.07 Acres
StatusActive

About 4255 Terrace St

An exceptional opportunity awaits with this vacant duplex in Oakland's highly coveted Piedmont Avenue neighborhood. Built-in 1912, this charming property features two expansive full-floor flats, each offering a spacious 1-bedroom, 1-bathroom unit. Both units have nice natural light and boast beautiful hardwood floors, original detailing, an updated bathroom (upper unit), enclosed sun porches, and a shared private patio/garden area. Additional amenities include a detached garage and an unfinished basement, providing ample storage space. The upper flat offers views of the bridge and bay. With a Walk Score of 94, Piedmont Avenue is considered a "Walker's Paradise," granting easy access to some of the city's finest amenities, including renowned restaurants, cafes, shops, and the famous Fentons Creamery. This property represents an excellent opportunity for an owner-occupant to reside in one of Oakland's most desirable neighborhoods while collecting rental income or for an investor seeking an income-producing asset.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Laminate, Wood

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Up
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Broadway to Mather to Terrace Cross Street: Broadway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000

Tax Information:

  • Annual Amount: $5,096
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Oakland, CA

City

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

4255 Terrace St vs Oakland

452 DAYS ON ROCKET

+419 Days

$949,000

+$88.2K More

KEY TAKEAWAY

This property is $88.2K 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: #41036938

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: 11/17/2024, 6:20:53 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$5,096$248,824
2020$5,095$246,273
2019$4,696$241,445
2018$4,473$236,712
2017$4,473$232,072

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-497154
3
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-497155
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-497156
8
/10

  • Beach Elementary School

  • 100 Lake Ave

  • 0.64 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 $66,080. Typical income of Oakland, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94611›4255 Terrace St

This home is located at 4255 Terrace St in Oakland, CA and zip code 94611. This home, which was built in 1912, sits on a 0.07 acre lot. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $949,000.

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. In October 2024 in Oakland, CA there were 9.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $860,714.

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

More Resources