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Land sold for $901,375 in 34 days

5883 Margarido Dr Oakland, CA, 94618

Neighborhood: Rockridge Upper

Off the market 0.15 acres

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Located on Oakland’s coveted Margarido Drive, just blocks from the iconic, award-winning Margarido House, 5883 Margarido is a rare Upper Rockridge 6250 sq ft lot with approved plans for construction of a 5443 sq ft single-family home. Designed by the well-regarded Baran Studio Architecture with a modern, contemporary aesthetic, the home includes a 760 sq ft ADU and an attached three-car garage. Sale of the lot includes Planning Entitlements (PLN19193), Building Permit Application (RBC2002848) as well as associated documents and architectural renderings. The 5883 Margarido lot can be purchased separately or in tandem with the adjacent 5BD/3BA home with 2BD apartment if desired - suitable for a family compound. Can be sold separately or with home next door to right (coming to market approx. 3/4/21) - offer dates will be coordinated to give buyers the chance to offer on one, or both, to create family compound.
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Property details

Alameda county
View
Hills, Wooded
Land area
6,534 sqft (0.15 acres)
Price per sqft
$137/sqft
Address
5883 Margarido Dr, Oakland, CA, 94618
City of California
Oakland
County
Alameda
Previous price
$949,000
Neighborhood
Rockridge Upper
District
Oakland Zip Code 94618
Zoning
RD-1

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Listed by

David Gunderman, Keller Williams Realty
Name
David Gunderman
License number
01313613
Brokerage company
Keller Williams Realty
MLS #
40939187

Buyer agent

Name
Mahsa Sohi
Brokerage company
Altas Realty

Payment calculator

Calculate your monthly payments
Mortgage
$2,768
Taxes
$0
HOA dues
$0
$2,768 per month
Mortgage
$180,275 / 20%
2.28%
30 years
Your amount $2,768 / month

Lot details

TMK #48a71126
Lot Description
Down Slope, Premium Lot, Regular, Fenced, Wood Fencing
Parcel #
48a71126

Rockridge Upper neighborhood info

Essentials nearby
Neighborhood stats
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Rockridge Upper

38%
Families with children
National average: 39%
54%
Non family households
354,339
Population
$125,590
Average Income

Age & gender

Median age 39 years
More info

Commute types

52% commute by car
More info

Education level

35% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

47% have 1 vehicle
More info

Vehicles by gender

47% have 1 vehicle
More info

Housing market insights for

$1.42m
Neighborhood average
sales price*
$1.26m
Neighborhood median
sales price*
689
Number
of sales*

Housing type

38% are single detacheds
More info

Rooms

31% of the houses have 2 or 3 rooms
More info

Bedrooms

46% have 2 or 3 bedrooms
More info

Owners vs Renters

56% are renters
More info

Utilities

No Sewer, No Water
Utilities
No Sewer, No Water
Features
Site Plan, Other - Call List Agent, Building Plans Filed, Improvement Plans Avail, See Remarks, Site Plan Filed, Surveyed, Topography Map Available

Location Details, Documents & Disclosures

Directions to property
Bdwy/Lawton/Mendocino/Margarido
Cross street
Mendocino
Documents & disclosure
Building Restrictions, Easements, Fire Hazard Area, Nat Hazard Disclosure, Owner is Lic Real Est Agt, Other - Call/See Agent, Disclosure Package Avail, Disclosure Statement

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
Chabot Elementary School
6686 Chabot Road, Oakland, CA 94618
Elementary School
0.387mi
6
out of 10
Claremont Middle School
5750 College Avenue, Oakland, CA 94618
Middle School
0.535mi
NR
The College Preparatory School
6100 Broadway, Oakland, CA 94618
High School
0.286mi
School rating Distance
7
out of 10
Chabot Elementary School
6686 Chabot Road, Oakland, CA 94618
0.387mi
7
out of 10
Hillcrest Elementary School
30 Marguerite Drive, Oakland, CA 94618
0.581mi
NR
Aurora School
40 Dulwich Road, Oakland, CA 94618
0.672mi
NR
Bentley
1 Hiller Drive, Oakland, CA 94618
0.745mi
NR
St. Theresa School
4850 Clarewood Drive, Oakland, CA 94618
0.768mi
School rating Distance
6
out of 10
Claremont Middle School
5750 College Avenue, Oakland, CA 94618
0.535mi
7
out of 10
Hillcrest Elementary School
30 Marguerite Drive, Oakland, CA 94618
0.581mi
NR
Mentoring Academy
5951 College Avenue, Oakland, CA 94618
0.61mi
NR
Far West
5263 Broadway Terr., Oakland, CA 94618
0.624mi
NR
Bentley
1 Hiller Drive, Oakland, CA 94618
0.745mi
School rating Distance
NR
The College Preparatory School
6100 Broadway, Oakland, CA 94618
0.286mi
NR
Mentoring Academy
5951 College Avenue, Oakland, CA 94618
0.61mi
NR
Far West
5263 Broadway Terr., Oakland, CA 94618
0.624mi
NR
Holy Names High School
4660 Harbord Drive, Oakland, CA 94618
0.708mi
7
out of 10
Oakland Technical High School
4351 Broadway, Oakland, CA 94611
1.117mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Mar 30, 2021

Rockridge Upper Median sales price 2024

Bedrooms Med. price % of listings
2 beds $1.18m 66.67%
4 beds $1.75m 33.33%
Date Event Price $/sqft Source
Mar 30, 2021 Sold $901,375 137.95 Public Record
Mar 30, 2021 Price Decrease $901,375 -5.02% 137.95 MLS #40939187
Mar 17, 2021 Pending $949,000 145.24 MLS #40939187
Feb 25, 2021 New Listing $949,000 145.24 MLS #40939187

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Frequently Asked Questions about 5883 Margarido Dr

What is 5883 Margarido Dr?

5883 Margarido Dr is a lot of 0.15 acres (about is 6,534 sqft).

What is the full address of this Land?

5883 Margarido Dr, Oakland, CA, 94618.

Tell me about the point of interest nearby

The closest grocery stores are Trader Joe's, 0.58 miles away and Safeway, 0.68 miles away.

Based on information from the bridgeMLS as of 04-24-2024. 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. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 30, 2021
Verhouse Last checked 1 year ago


The closest grocery stores are Trader Joe's, 0.58 miles away and Safeway, 0.68 miles away.
The Rockridge Upper neighborhood has a population of 354,339, and 38% of the families have children. The median age is 39.39 years and 52% commute by car. The most popular housing type is "single detached" and 56% is renter.
Land Sold $901.38k 5883 Margarido Dr, Oakland, CA, 94618 0.15 acres Save House Remove from Saved