SOLD 02/06/2024
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Off the market 4 beds 2,538 sqft
This 4 unit Multi-Family property is ideal for investors seeking substantial returns. Currently generating actual CAP rate pf 6% with pro forma CAP at 6.5%. With its prime location in Longfellow Neighborhood of Oakland and impressive income, this property promises to be a lucrative addition to any investment portfolio. 1 Unit to be delivered vacant; ideal for owner occupancy in one while collecting market rate rents on 3 other units. 2 of the 4 units have been completely remodeled with new kithchen, remodeled bathrooms, new dual paned windows, and luxury vinyl plank flooring throughout. Exterior is newly painted. New concrete wallway and drlveway and low maintainance front landscaping. Each unit is separately metered for gas and electric utilities makes for lower operating cost for owner. 4 spacious 1 bedroom/1bath units. Large lot with at least 7 off street parking spaces. The backyard has potential for placement of an ADU for additional rental income potential. Property will offer investor potential tax savings as it is located in Opportunity Zone.
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Property details
2,538 sqft interior area
Property type
Home
Interior area
2,538 sqft
Land area
6,098 sqft (0.14 acres)
Price per sqft
$364/sqft
Address
956 Apgar St, Oakland, CA, 94608
City of California
Oakland
County
Alameda
Previous price
$929,000
Sold price
$925,000
nr.of parking places
7
Year Built
1940
Neighborhood
Longfellow
District
Listing
Open Houses
No upcoming open houses
Interior Features
7 parking places, Laminate, Linoleum, Tile, Carpet floors
Beds
4
Floors
Laminate, Linoleum, Tile, Carpet
Security
Smoke Detector(s)
Parking
7
Garage & Parking
Off Street
Laundry Features
No Hookups
Heathing & Cooling
No Air Conditioning, Baseboard, Wall Furnace
Appliances
Gas Water Heater
Basement
None
Listed by
Steven Wang, CA Golden Properties
Name
Steven Wang
License number
01368485
Brokerage company
CA Golden Properties
MLS #
41046623
Buyer agent
Name
Tina Harris
Brokerage company
Better Homes Realty
Payment calculator
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Mortgage
$2,840
Taxes
$0
HOA dues
$0
Mortgage
$185,000 / 20%
2.28%
30 years
Your amount
$2,840 / month
Exterior Features
Stucco construction
Construction
Stucco
Yard
Back Yard, Front Yard, Garden
Lot details
TMK #1295557
Lot Description
Level, Regular, Front Yard
Parcel nr.
1295557
Longfellow neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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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 Longfellow
39%
Families with children
National average: 39%
55%
Non family households
372,075
Population
$117,691
Average Income
Age & gender
Median age 37 years
More info
Commute types
50% commute by car
More info
Education level
33% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$1.26m
Neighborhood average
sales price*
sales price*
$1m
Neighborhood median
sales price*
sales price*
625
Number
of sales*
of sales*
Housing type
34% are apartments
More info
Rooms
34% of the houses have 2 or 3 rooms
More info
Bedrooms
48% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are renters
More info
15.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 6, 2024
Longfellow Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $945k | 25% |
| 3 beds | $1.07m | 50% |
| 4 beds | $925k | 25% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 6, 2024 | Sold | $925,000 | 364.46 | Public Record |
| Feb 6, 2024 | Price Decrease | $925,000 -0.43% | 364.46 | MLS #41046623 |
| Jan 8, 2024 | Pending | $929,000 | 366.04 | MLS #41046623 |
| Jan 2, 2024 | New Listing | $929,000 -2.21% | 366.04 | MLS #41046623 |
| Mar 5, 2023 | Unavailable | $950,000 | 0 | MLS #41004551 |
| Feb 9, 2023 | Price Decrease | $950,000 -3.55% | 374.31 | MLS #41004551 |
| Nov 22, 2022 | Price Decrease | $985,000 -10.45% | 388.1 | MLS #41004551 |
| Aug 12, 2022 | New Listing | $1,100,000 | 433.41 | MLS #41004551 |
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Frequently Asked Questions about 956 Apgar St
What is 956 Apgar St?
956 Apgar St, Oakland, CA, 94608 is a single family home located in the Longfellow neighborhood in the city of Oakland, California with zipcode 94608. This single family home has 4 bedrooms with an interior area of 2,538 sqft.
Which year was this home built?
This home was build in 1940.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
956 Apgar St, Oakland, CA, 94608.
Are grocery stores nearby?
The closest grocery stores are Pak N Save - Safeway, 0.23 miles away and Community Foods Market, 0.51 miles away.
What is the neighborhood like?
The Longfellow neighborhood has a population of 372,075, and 39% of the families have children. The median age is 37.7 years and 50% commute by car. The most popular housing type is "apartment" and 63% is renter.
Based on information from the bridgeMLS as of 04-28-2024. 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: Feb 07, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Pak N Save - Safeway, 0.23 miles away and Community Foods Market, 0.51 miles away.
The Longfellow neighborhood has a population of 372,075, and 39% of the families have children. The median age is 37.7 years and 50% commute by car. The most popular housing type is "apartment" and 63% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
