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Sold on 10/28/2024
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  • Exterior

640 E 15th St, Oakland, CA 94606

$1,430,000

Last sold 10/28/2024 after 173 Days

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    bed

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    bath

Multi-family not for sale
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About 640 E 15th St

Property type Multi-family
Neighborhood
HOA fee $0/month
Parking 3 garage spaces
Rental estimate
Property description
Price lowered!!! Offers reviewed as received. 640 E 15th Street(cross St @ 7th Ave) is in Oakland, CA 94606 and located in the east of Lake Merritt shoreline. This attractive and well-maintained residential income apartment building was completely rebuilt from the ground-up in year 2010, a newer building on this quiet block of the neighborhood, that consists of 9 Units (three studios, three 1br, three 2br)with gas stoves and common area hardwood flooring, 2 leased washers and 2 leased dryers in the building, 9 storage cabinets in basement and 3 detached garages. The exterior building was just painted. All units are fully occupied by tenants. Low expenses w/decent rental income. Cap Rate 6%.
Listed by
Listing Agent - Dennis Chan
Listing Office - JMC Realty Corporation
Source: SFARMLS mls logo
MLS#424031480 • last updated 1 year ago
Movoto checked SFARMLS for data 3 minutes ago
Overview
Levels/Style Three, 3, 0
SubType 5 Or More Units, Apartments
Type Residential Income
MLS # 424031480
Status Closed
Interior
Laundry Coin Operated, In Common Area
Basement Storage Area
Exterior
# Tandem Parking Spaces 3
# Garage Spaces 3
# Parking Spaces 3
Parking Desc Covered, Detached, Garage
Lot Desc Corner
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
County Alameda
APN 020-017601000
Multifamily Details
Separate Meters Electricity
# Units Furnished None
# Of Units Total 9
# Of 1 Bedroom Units 3
# Of 2 Bedroom Units 3
# of Studio Units 3
# Of Units Leased 9
Gross Rent Multiplier 8.31
Rental est.: $1,466/month
Gross rent multiplier: 81.3
  • Nov 2024
    Public Records
  • Nov 19, 2024 Sold
    $1,430,000
  • Nov 2024
    mls logo MLS # 424031480
  • Nov 19, 2024 Sold
    $1,430,000 (-20.6%)
  • Oct 28, 2024 Pending
    —
  • Jul 6, 2024 Price Change
    $1,800,000 (-10.0%)
  • Jul 4, 2024 Price Change
    $1,999,988 (-4.8%)
  • Jun 16, 2024 Price Change
    $2,100,000 (-4.5%)
  • May 19, 2024 Price Change
    $2,200,000 (-18.5%)
  • May 8, 2024 Listed
    $2,700,000 (+125.0%)
  • Jul 2008
    Public Records
  • Jul 31, 2008 Sold
    $1,200,000 (+4.8%)
  • Jun 2005
    Public Records
  • Jun 30, 2005 Sold
    $1,145,500 (+56.5%)
  • Jan 2001
    Public Records
  • Jan 11, 2001 Sold
    $732,000
  • Jan 2001
    mls logo MLS # 20040205
  • Jan 11, 2001 Sold
    $732,000 (+1.0%)
  • Nov 16, 2000 Listed
    $725,000
  • Year Property taxes Tax assessment
  • 2024
    $26,515 -3.6%
    $1,492,858
  • 2023
    $27,517 +4.8%
    $1,492,858 +1.98%
  • 2022
    $26,254 +8.0%
    $1,463,823 +4.01%
  • 2021
    $24,304 +1.2%
    $1,407,443
  • 2020
    $24,014
    $1,407,443
  • 640 E 15th St
    $1.43M
  • East Peralta
    $512K -11% y/y
  • 94606
    $539K -10% y/y
  • Oakland
    $600K -7% y/y
No chart available
Statistics calculated by Movoto

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5/10
Franklin Elementary School
public Grades K-5
Oakland Unified School District
2/10
Westlake Middle School
public Grades 6-8
Oakland Unified School District
4/10
Oakland High School
public Grades 9-12
Oakland Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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