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7408 Garfield Ave, Oakland, CA, 94605

$549,999

Home List Price

$6,531*

Closing Credit

3 Bedrooms
3 Full Baths
1,273 SqFt
$432/SqFt
House

Location

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7408 Garfield Ave, Oakland$549,999

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Off Street
Garage2 spaces
Year Built1943
HeatingFloor Furnace
CoolingNone
FireplaceNone
MLS #41078977
Lot Size0.10 Acres
StatusActive

About 7408 Garfield Ave

Investors Alert! This is a rare opportunity to secure a property with 5%+ CAP rates and instant equity in Oakland's Eastmont neighborhood. This well-maintained duplex features two units, each with one bedroom and one bath, plus an additional one-bedroom, one-bath unit at the rear—perfect for house hackers, owner-occupants seeking rental income, or savvy investors. Spanning 1,273 sq. ft. on a 4,500 sq. ft. lot, this multi-family home offers an open floor plan designed for comfort and flexibility. Outdoor spaces include spacious yards with fruit trees and a deck, enhancing the property’s versatility and appeal for work, play, or extra rental income. For nature lovers, Leona Canyon Regional Open Space Preserve and Redwood Regional Park are just minutes away, with beautiful trails for hiking, biking, and outdoor adventures. The location also offers convenient access to BART, the Coliseum, and Oakland International Airport, as well as quick connections to Highways 580 and 880. With its excellent location, flexible living arrangements, and income potential, this property is a true gem for anyone looking to expand their portfolio or find a multi-functional living space. Don’t miss out on this exceptional investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1943
  • Living Area: 1,273 SqFt

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: Asila Sayedi

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Gas Water Heater, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Covered, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Garden
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 73rd Ave Cross Street: 73rd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,999
  • Price Per SqFt: $432/SqFt

Tax Information:

  • Annual Amount: $6,884
  • 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

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

7408 Garfield Ave vs Oakland

1 DAY ON ROCKET

-32 Days

$549,999

-$310.7K Less

$432/SqFt

-$159 Less

KEY TAKEAWAY

This property is $310.7K less than the Median Sold Price and $159/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41078977

Listing Office:

  • Office Name: KW Advisors East Bay
  • Office Phone: (510) 775-1079
  • Listing Agent: Asila Sayedi

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: 11/15/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,884$381,312
2020$6,884$377,404
2019$6,406$370,006
2018$6,127$362,753
2017$6,127$355,642

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-351974
2
/10

  • Markham Elementary School

  • 7220 Krause Ave

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-351975
3
/10

  • Aspire College Academy

  • 8030 Atherton St

  • 0.40 miles

  • Public Charter Grades KG-5

school-card-donut-351976
1
/10

  • East Oakland Pride Elementary School

  • 8000 Birch St

  • 0.44 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 $36,500. The majority of Oakland, CA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7408 Garfield Ave

What is the listing price of this property?

The listing price of 7408 Garfield Ave property is $549,999.

What type of property is this?

The property 7408 Garfield Ave is a house located in Oakland, California, 94605.

Is this property for sale now?

Active Listing: 7408 Garfield Ave 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 $6,884 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7408 Garfield Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7408 Garfield Ave is 1,273 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7408 Garfield Ave is 1943.

Rocket Homes›California›Alameda County›Oakland›94605›7408 Garfield Ave

This home is located at 7408 Garfield Ave in Oakland, CA and zip code 94605 in the Eastmont neighborhood. This 1,273 square foot home, which was built in 1943, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $549,999.

In October 2024, from all listings sold in Oakland, CA there were more than 165 sold above asking price, over 45 sold below and more than 30 were sold right at the asked price. In October 2024 in Oakland, CA there were 9.9% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

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

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