3 months on rocket

429 Vernon St, Oakland, CA, 94610

$1,345,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

429 Vernon St, Oakland$1,345,000

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 TypeOther
Year Built1905
HeatingOther
CoolingOther
MLS #41070333
Lot Size0.14 Acres
StatusActive

About 429 Vernon St

www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 429 Vernon St, an eight-unit property in Oakland's sought-after Adams Point neighborhood. This property features seven 1bd/1bth units and one studio, 1:1 off-street parking and ample storage. Its strategic location near the 19th Street BART station makes it an attractive option for commuters. The current rental rates, approximately 40% below market, reveal a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With two units set to be delivered vacant, this property is ideal for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. Current GRM 9.92; Market GRM 7.11; Email agent on property website for more info.

Property Details

Property Features

Property Information:

  • Year Built: 1905

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: Steven Pinza

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Google Maps Cross Street: MacArthur Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,345,000

Tax Information:

  • Annual Amount: $16,236
  • 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

429 Vernon St vs Oakland

94 DAYS ON ROCKET

+61 Days

$1,345,000

+$484.2K More

KEY TAKEAWAY

This property is $484.2K 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: #41070333

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: Steven Pinza

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: 11/22/2024, 1:20:51 AM 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$16,236$954,857
2020$16,235$945,070
2019$14,990$926,546
2018$14,264$908,383
2017$14,264$890,572

History based on county public records data.

Payment Calculator

$6,780

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,099

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-488672
8
/10

  • Beach Elementary School

  • 100 Lake Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-488673
3
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-488674
9
/10

  • Wildwood Elementary School

  • 301 Wildwood Ave

  • 1.01 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 $79,375. Typical income of Oakland, CA residents is between $35k-100k annually. The majority of families are 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

Frequently Asked Questions About 429 Vernon St

What is the listing price of this property?

The listing price of 429 Vernon St property is $1,345,000.

What type of property is this?

The property 429 Vernon St is a house located in Oakland, California, 94610.

Is this property for sale now?

Active Listing: 429 Vernon 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 $16,236 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 429 Vernon St is 1905.

Rocket Homes›California›Alameda County›Oakland›94610›429 Vernon St

This home is located at 429 Vernon St in Oakland, CA and zip code 94610 in the Adams Point neighborhood. This home, which was built in 1905, sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $1,345,000.

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 inventory of homes for sale in Oakland, CA between September 2024 and October 2024 increased by 9.9%. In October 2024 median list price was $860,714 and the average listing age was 33 days.

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

More Resources