2 months on rocket

740 Alcatraz Ave, Oakland, CA, 94609

$1,225,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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740 Alcatraz Ave, Oakland$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1910
HeatingOther
CoolingOther
MLS #41068194
Lot Size0.14 Acres
StatusActive

About 740 Alcatraz Ave

This 5-unit apartment building at 740 Alcatraz Ave is a unique investment opportunity in the tenant-friendly South Berkeley boarder. The property consists of 5 well-maintained units: 3 - studios, 1 - one bedroom, 1 - spacious two-bedroom, and 6 private garages. Three units have been tastefully renovated, and the building offers tenants on-site coin-op laundry and ample storage space in the basement. The six private garages in a separate structure on the back of the property provide a new investor with over $14,000 additional annual income with room to grow. With its separate gas and electricity meters and convenient location, the building is a stable investment for any investor. It offers easy access to the CA-24 freeway and is within walking distance of Ashby BART. This well-maintained building is priced to sell at only $250k per unit and gives investors an achievable rental upside in a currently stable building.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (415) 660-9955
  • Listing Agent: Willem Bos

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Off Alcatraz and Shattuck Cross Street: Shattuck.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000

Tax Information:

  • Annual Amount: $20,706
  • 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

$867.8K

Med. Price/SqFt

$594

Avg. Days On Market

36

# of Sold Homes

193

740 Alcatraz Ave vs Oakland

79 DAYS ON ROCKET

+43 Days

$1,225,000

+$357.1K More

KEY TAKEAWAY

This property is $357.1K 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: #41068194

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (415) 660-9955
  • Listing Agent: Willem Bos

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: 10/18/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 04, 2018Home Sold
$1,225,000
May 31, 2007Home Sold
$725,000
Feb 28, 2003Home Sold
$620,000
Feb 20, 2002Home Sold
$765,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,706$1,287,683
2020$20,705$1,274,490
2019$10,676$1,249,500
2018$10,156$592,548
2017$10,156$580,932

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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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-644178
7
/10

  • Peralta Elementary School

  • 460 63rd St

  • 0.44 miles

  • Public District Grades KG-5

Middle School

school-card-donut-644179
6
/10

  • Claremont Middle School

  • 5750 College Ave

  • 0.87 miles

  • Public District Grades 6-8

High School

school-card-donut-644180
7
/10

  • Oakland Technical High School

  • 4351 Broadway

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-644181
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 3.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,654. The majority of Oakland, CA residents have income less than $35k annually. Most 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 740 Alcatraz Ave

What is the listing price of this property?

The listing price of 740 Alcatraz Ave property is $1,225,000.

What type of property is this?

The property 740 Alcatraz Ave is a house located in Oakland, California, 94609.

Is this property for sale now?

Active Listing: 740 Alcatraz Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 740 Alcatraz Ave are:
Peralta Elementary School: GreatSchools Rating 7/10
Claremont Middle School: GreatSchools Rating 6/10
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 $20,706 (source: MLS/based on county public records data).

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

The last sale was on January 4, 2018 for $1,225,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Alcatraz Ave is 1910.

Rocket Homes›California›Alameda County›Oakland›94609›740 Alcatraz Ave

This home is located at 740 Alcatraz Ave in Oakland, CA and zip code 94609 in the Brushrod neighborhood. This home, which was built in 1910, sits on a 0.14 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $1,225,000.

In September 2024, from all listings sold in Oakland, CA there were more than 118 sold above asking price, over 40 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Oakland, CA between August 2024 and September 2024 increased by 18%. In September 2024 median list price was $867,828 and the average listing age was 36 days.

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

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