5 months on rocket

875 56th St, Oakland, CA, 94608

$749,000

Home List Price

$8,894*

Closing Credit

4 Bedrooms
2 Full Baths
2,212 SqFt
$339/SqFt
House

Location

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875 56th St, Oakland$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1910
HeatingNone
CoolingNone
FireplaceNone
MLS #41067204
Lot Size0.12 Acres
StatusActive

About 875 56th St

Calling all visionaries and Investors! Once a charming 4 bedroom, 2 bathroom home, this property now requires significant work to restore its former glory in North Oakland. With a generous 2212 sq ft of living space and a sprawling 5200 sq ft lot, this property offers the perfect canvas for your investment dreams.While the home itself requires a complete overhaul, its prime location and expansive lot size make it an incredible investment, this is your chance to breathe new life into the existing structure. Explore ADU or Multifamily Possibilities: This property is close to everything you need, Easy access to transportation, convenient proximity to shops, restaurants, and entertainment. Serious investors only. Sellers wanted the rendering photo to show what the home could look like.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1910
  • Living Area: 2,212 SqFt

Listing Office:

  • Office Name: Delores Dee Johnson, Broker
  • Office Phone: (510) 418-3007
  • Listing Agent: Delores Dee Johnson

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Market to 56th Street Cross Street: Adeline.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $2,374
  • 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

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

875 56th St vs Oakland

151 DAYS ON ROCKET

+109 Days

$749,000

-$101K Less

$339/SqFt

-$249 Less

KEY TAKEAWAY

This property is $101K less than the Median Sold Price and $249/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: #41067204

Listing Office:

  • Office Name: Delores Dee Johnson, Broker
  • Office Phone: (510) 418-3007
  • Listing Agent: Delores Dee Johnson

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: 12/17/2024, 11:20:57 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$2,374$48,245
2020$8,373$47,751
2019$1,906$46,815
2018$1,796$45,897
2017$1,796$44,997

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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-4276782
7
/10

  • Malcom X Elementary School

  • 1731 Prince St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-4276783
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-4276784
7
/10

  • Peralta Elementary School

  • 460 63rd 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 $54,792. Most Oakland, CA residents have annual incomes less than $35k. The most common type of family 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 875 56th St

What is the listing price of this property?

The listing price of 875 56th St property is $749,000.

What type of property is this?

The property 875 56th St is a house located in Oakland, California, 94608.

Is this property for sale now?

Active Listing: 875 56th 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 $2,374 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 875 56th St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 875 56th St is 2,212 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 875 56th St is 1910.

Rocket Homes›California›Alameda County›Oakland›94608›875 56th St

This home is located at 875 56th St in Oakland, CA and zip code 94608 in the Santa Fe neighborhood. This 2,212 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $749,000.

Over 122 listings were sold over their listed price in November 2024 in Oakland, CA. In the same period over 59 listings were sold below the listed price and 21 listings were sold for the listed price. The number of homes for sale in Oakland, CA decreased by 12.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 42 days, the median list price was $850,000.

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

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