4 months on rocket

776 16th St, Oakland, CA, 94612

$975,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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776 16th St, Oakland$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1903
HeatingForced Air
MLS #41065306
Lot Size0.07 Acres
StatusActive

About 776 16th St

HUGE PRICE IMPROVEMENT!!! PRIME LOCATION - $7K PER MONTH CASHFLOW – PLUS IN-LAW: Fantastic opportunity to own an updated property, with Victorian charm, and $7k per month cashflow. Gorgeous and spacious owners unit that can be configured as 3BDR, 2BATH or 4BDR 3BATH using in-law space. Property can potentially be delivered fully vacant. Walking distance to everything (Downtown, BART, Lake Merritt), and feet from the 880 and 980 freeways, making this property a commuter’s dream. The unique and spacious layouts currently includes (1) 3 bedroom, 2 bathroom unit, with attached in-law, and (1) 4 bedroom, 1 bathroom unit. Approximately $150K of significant upgrades within the past 9 years, including but not limited to: new foundation, new roof, some new plumbing, electrical, windows, tankless hot water heaters, and more. Unit 778 was completely renovated with all new major systems and appliances. Rental income for unit 778 includes in-law. Excellent walk, transit, and bike scores! Beautiful and spacious backyard perfect for entertaining. Must see property.

Property Details

Property Features

Property Information:

  • Year Built: 1903

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: No Cross Street: Brush Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000

Tax Information:

  • Annual Amount: $10,486
  • 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

776 16th St vs Oakland

137 DAYS ON ROCKET

+104 Days

$975,000

+$114.2K More

KEY TAKEAWAY

This property is $114.2K 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: #41065306

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

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, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 18, 2014Home Sold
$535,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,486$646,176
2020$10,485$639,552
2019$9,753$627,017
2018$9,364$614,725
2017$9,364$602,672

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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-564978
3
/10

  • Martin Luther King Jr. Elementary School

  • 960 10th St

  • 0.33 miles

  • Public District Grades PK-3

school-card-donut-564979
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-564980
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 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 $38,750. The most common annual income of people living in Oakland, CA is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94612›776 16th St

This home is located at 776 16th St in Oakland, CA and zip code 94612 in the Oak Center neighborhood. This home, which was built in 1903, sits on a 0.07 acre lot. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $975,000.

In October 2024 more than 165 listings in Oakland, CA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 45 were sold below. Between September 2024 and October 2024, Oakland, CA real estate market has seen increase in the number of listings 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.

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