tomo logo

$698,000

Beds
6
Baths
4.0
sq ft
2,271

863 35th St, Emeryville, CA 94608

863 35th St

Oakland, CA 94608

  • 62 days on market
Opportunity knocks! Calling all investors, developers, house hackers/flippers looking for their next project. Vacant, West Oakland single-family home (3BD/2BA) with approved permits to add two attached Jr. ADUs (2BD/1BA and 1BD/1BA) on the ground level. With permits approved and transferred to the next owners, save time going through the City of Oakland and get started right away. Newer framing, newer windows, wired for electrical, and HVAC installed. The home has a large backyard and will allow for two parking spaces in the gated driveway. Close proximity to Downtown Oakland and Lake Merritt, and San Francisco. Conveniently located to amenities including local shops, public transportation, and major commuting routes. Don't miss this diamond in the rough! (Photos are from previous listing and include digital renderings)

Details

Property type

Single Family Residence

Est. home value

$953,411

Lot size

4,500 sq ft

Price per sq ft

$308

Year built

1910

Price History

05/01/2024
BridgeMLS

BridgeMLS #ML81963813

Listed
$698,000
+1.45%
05/04/2020
MLSL

MLSL #ML81782809

Sold
$688,000

Schools & Community

Neighborhood: 

Hoover-Foster

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

-$258,457
Asking price
$698,000
Closing costs (~8% of asking)
-$55,840
Est. remaining loan balance
-$900,617
Cash to seller
-$258,457

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

Seller’s Loan History

Lender

Primelending

Loan start date

November 2020

Original loan amount

$980,325

Est. remaining balance

$900,617

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard B Jercha and Joshua Taisuno

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?

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Price drop
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988 36th St, Emeryville, CA 94608

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Status: Active

Tomo last checked: 07/03/2024 at 7:55 AM

Listing updated: 06/14/2024 at 11:23 AM

Listed by: Brian Kawamoto, The Canlas Brothers, Inc. Phone #: (650) 759-8352

MLS: BridgeMLS #ML81963813

BridgeMLS logo

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