100 East 15th Street

Oakland, CA 94606

$975,000
Last Sold Price
Beds
2,718 Sq. Ft.
$359 / Sq. Ft.
2,718
Sq. Ft.
$359
per Sq. Ft.

Description

A potential investment opportunity for an investor or building contractor skilled in the repair and remediation of an older iconic building located in the beautiful Lake Merritt area. There are a total of five (5) units, with three (3) one-bedroom apartments currently vacant. The remaining two (2) studio apartment are currently occupied and under the Rent Control ordinance. Walking distance to the lake, shopping and dining. The three vacant units will be open for viewing on Friday, 1/27/2023 from...A potential investment opportunity for an investor or building contractor skilled in the repair and remediation of an older iconic building located in the beautiful Lake Merritt area. There are a total of five (5) units, with three (3) one-bedroom apartments currently vacant. The remaining two (2) studio apartment are currently occupied and under the Rent Control ordinance. Walking distance to the lake, shopping and dining. The three vacant units will be open for viewing on Friday, 1/27/2023 from 12:00 - 1:00 pm.
  1. Listed by Angie Ceraolo • DRE #01995844 • Brokerage DRE #00581417 • Tola Properties • 408-639-0679

Property Details for 100 East 15th Street

MLS City Name
OAKLAND
Building Type
Other
Garage Spaces
0
Parking Spaces
0
View
City Lights, Lake

Location

Listing Courtesy of Tola Properties, Angie Ceraolo, DRE #01995844

Sold By Nor Cal Realty Associates, Nimer Musleh, DRE #01929111

Add your commute
LISTING UPDATED: 03/29/2023 04:01 PM

Property Details for 100 East 15th Street

StatusSold
MLS #ML81917234
Days on Compass57
Taxes$24,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
Lot Size0.05 AC / 2,108 SF
CountyAlameda County

Location

Listing Courtesy of Tola Properties, Angie Ceraolo, DRE #01995844

Sold By Nor Cal Realty Associates, Nimer Musleh, DRE #01929111

Add your commute

Building Information for 100 East 15th Street

Stories-Residences-Year Built1964Building Size-Lot Size0.05 AC / 2,108 SF

Payment Calculator

$7,321 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$2,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 100 East 15th Street

Features
Features
  • Fireplace: No
  • Flooring: Hardwood, Vinyl / Linoleum
  • Living SqFt: 2718
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Floor Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Oakland Zip Code 94606
  • Restrictions: Below Market Rate Unit
  • Roof: Shingle
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 100
  • Street Name: 15th
  • Street Direction Prefix: East
  • Street Suffix: Street
  • Area ID: 2606
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 2718
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Limited Partnership
  • Zoning Detail: RU2
Location Information
  • City Limits: No
  • Parcel Number: 020-0181-017
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94606
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Brick / Mortar Perimeter
  • Lot Acres: .05
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $24,000
  • Capitalization Rate: .00
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,015
  • Expense Landscape: $0
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $318
  • Expenses Other: $0
  • Expenses Utility: $7,200
  • Expenses Total: $37,533
  • Operating Expenses Include: Insurance, Loan - Mortgage, Utilities - Water
  • Gross Rent Multiplier: 0.00
  • Income Annual Gross: $1
  • Income Annual Rental: $1
  • Income Gross Scheduled: $1
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $0
  • Unit 1 Type: Apartment
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $715
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Units Total: 3
Unit Type 2
  • Unit Type2 Units Total: 2
Listing Info
Rental Info
  • Lease Type: Net

Property History for 100 East 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 100 East 15th Street

Taxable ValueLand$525,585Additions$893,494Total$1,419,079
Tax Record2023$23,999 ($2,000 / month)
Home Facts
Total Finished SqFt2,718 SqFtAbove Grade Finished SqFt2,718 SqFtStories2Lot Size2,108 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyALAMEDAAPN20-181-17

Schools near 100 East 15th Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
La Escuelita Elementary School
PublicK to 8

Westlake Middle School
Public6 to 8

Oakland High School
Public9 to 12

Dewey Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tola Properties, Angie Ceraolo, DRE #01995844

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.