tomo logo

$849,000

Beds
5
Baths
5.0
sq ft
1,528

3325 E 8th St, Oakland, CA 94601

3325 E 8th St

Oakland, CA 94601

  • 35 days on market
Generaltional living in the Bay Area. Single story, great 5 bedroom house includes 2- one bedroom/one bathroom separate entry units with kitchens and living rooms. This is a beautifully remodeled modern TRIPLEX in Oakland, just blocks away from the amenities at Fruitvale shopping center and BART. This property is a great 1031 Exchange opportunity, or perfect for an owner to occupy one unit and generate rental income from the other two units. UNIT 1 features 3 bedrooms all with ensuite bathrooms, newly remodeled with modern shaker cabinets, quartz counters, stainless steel appliances, W/D hookups, and plank flooring. Each bedroom has its own ensuite bathroom. The kitchen includes a dining nook and breakfast bar. UNIT 2 offers 1 bedroom and 1 bathroom, furnished with an updated kitchen featuring shaker cabinets, as well as a modern bathroom. UNIT 3 also has 1 bedroom and 1 bathroom, furnished with an updated kitchen and modern bathroom. This property provides an opportunity for multi-generational living. Large fenced-in common area backyard that may accommodate an Accessory Dwelling Unit. Additionally, it includes 2 parking spaces inside the gated area, as well as street parking. Units can be delivered vacant.

Details

Property type

Single Family Residence

Lot size

3,225 sq ft

Price per sq ft

$556

Year built

1906

HOA

No

Price History

10/18/2024
BridgeMLS

BridgeMLS #41076888

Listed
$849,000
+2.91%
07/03/2024
BridgeMLS

BridgeMLS #41059544

Removed
$825,000
05/13/2024
BridgeMLS

BridgeMLS #41059544

Listed
$825,000
+89.66%

Schools & Community

Neighborhood: 

South Kennedy Tract

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$213,902
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$567,178
Cash to seller
$213,902

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

November 2022

Original loan amount

$579,000

Est. remaining balance

$567,178

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Mehdi Ravan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
BridgeMLS
$770,000
5 bd
|
2 ba
|
2,000 sq ft
|
House

2812 Bellaire Pl, Oakland, CA 94601

BridgeMLS
$795,000
5 bd
|
2 ba
|
2,566 sq ft
|
House

2222 Inyo Ave, Oakland, CA 94601

BridgeMLS
$849,000
5 bd
|
3 ba
|
2,546 sq ft
|
House

2421 Renwick St, Oakland, CA 94601

Status: Active

Tomo last checked: 11/22/2024 at 2:30 PM

Listing updated: 11/11/2024 at 10:00 AM

Listed by: Rose Krinks, BHHS Drysdale Properties Phone #: (510) 915-2646

MLS: BridgeMLS #41076888

BridgeMLS logo

Recently listed in Oakland

$575,000|3 bd|1.0 ba|House
$448,000|1 bd|1.0 ba|Condo
$858,000|3 bd|2.0 ba|House
$999,999|4 bd|3.0 ba|House
$299,000|1 bd|1.0 ba|House
$499,000|2 bd|1.0 ba|House
$749,000|2 bd|1.5 ba|Townhouse
$550,000|3 bd|2.0 ba|Townhouse