2 months on rocket

987 Vermont, Oakland, CA, 94610

$1,449,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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987 Vermont, Oakland$1,449,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1923
HeatingForced Air
MLS #41072512
Lot Size0.17 Acres
StatusActive

About 987 Vermont

Beautiful Classic Fourplex, walking distance to Grand Ave. Top neighborhood in Grand Lake area, with great mix of single family homes and small apartment buildings. Very desirable neighborhood, that will continue to get top rents in all of Oakland. Residents can walk to Grand Ave, Ace Hardware Store, Safeway, and some of the best restaurants in all of Oakland! Previous owner spent approx $150k on foundation improvements. Each unit has classic charm: hardwood floors, many closets, views, and lots of privacy. Back yard has multiple fruit trees Over $9k in gross rent per month At Market rents: $11,200 per month

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: Coldwell Banker
  • Office Phone: (925) 253-4600
  • Listing Agent: John Caronna

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Wood

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Grand Ave to Weldon Cross Street: Weldon.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,449,000
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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

987 Vermont vs Oakland

69 DAYS ON ROCKET

+36 Days

$1,449,000

+$588.2K More

KEY TAKEAWAY

This property is $588.2K 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: #41072512

Listing Office:

  • Office Name: Coldwell Banker
  • Office Phone: (925) 253-4600
  • Listing Agent: John Caronna

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, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,299

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,411

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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-602229
9
/10

  • Wildwood Elementary School

  • 301 Wildwood Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-602230
8
/10

  • Beach Elementary School

  • 100 Lake Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-602231
9
/10

  • Frank C. Havens Elementary School

  • 323 Highland Ave

  • 0.82 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 $76,974. Most Oakland, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94610›987 Vermont

This home is located at 987 Vermont in Oakland, CA and zip code 94610 in the Lakeshore neighborhood. This home, which was built in 1923, sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,449,000.

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. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $860,714.

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

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