Welcome to 2417 Ivy Drive, a classic 1940s five-unit building with a ton of charm and period details located in Oakland’s Ivy Hill close to Lake Merritt. This three-story well-maintained building consists of five large residential units (830 average SF per unit) over a laundry room and basement area approved (but expired) for a sixth unit expansion. All five units feature hardwood floors and are tenant-occupied, and in addition to the approved sixth unit within the building’s envelope a feasibility study states that two ADUs can potentially be built in the large backyard to extend this property to eight units total. All units are 2BD/1BA with living rooms and separate dining areas. Gross monthly rent is $10,611. LOW price per unit ($280,000/unit) and square foot ($337/SF) with accompanying 18% upside in rents (current cap rate 5.14%). Units are separately metered for PG&E. The location can't be beat - no car is necessary here with a walk score of 86. 1.5 miles to Lake Merritt BART; a little over a half mile to Lucky supermarket, Trader's Joes and beautiful Lake Merritt; and easy access to all the popular bars, restaurants and venues of Downtown, Uptown and the Grand Lake Ave/Lakeshore Ave district.
Sold for $1,400,000
Tax assessed value
$1,400,000
2417 Ivy Dr, Oakland, CA 94606
8beds
4baths
4,152sqft
MultiFamily
Built in 1941
-- sqft lot
$-- Zestimate®
$337/sqft
$3,422 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,422/mo
Zestimate® history
Owner options
List your home for rent
$3,422/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,422/mo
Rent Zestimate®
Refinance and save
$9,001/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,001/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joshua Silverman DRE #01882355 510-292-8160,
Real Brokerage Technologies
Bought with:
Yulanda Ong, DRE #00969804
Yulanda Ong Broker
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41062808
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Floor Furnace, Natural Gas, Heat Pump, Individual Rm Controls
Cooling
- No Air Conditioning, Heat Pump
Appliances
- Included: Washer
- Laundry: Common Area, Dryer, Gas Dryer Hookup, Laundry Equip - Leased, Washer, Washer/Dryer Hookups, Washer/Dryer Stacked Incl
Features
- Storage Area(s), Tub w/Shower Over
- Flooring: Tile, Vinyl
- Windows: Screens
- Basement: Storage Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,152
- Total interior livable area: 4,152 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Enclosed, Garage, Off Street, Parking Lot, Assigned, Space Per Unit - 1, Garage Faces Front
- Has attached garage: Yes
Features
- Exterior features: Back Yard, Terraced Down, Garden, Landscape Back, Yard Space
- Has view: Yes
- View description: Downtown
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 223387
- Zoning: RU-2
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
Materials
- Stucco, Frame
Condition
- Year built: 1941
Utilities & green energy
- Electric: No Solar
- Utilities for property: Water/Sewer Meter on Site, Cable Connected, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Secured Access
HOA
- Has HOA: No
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $1,400,000
- Date on market: 6/13/2024
- Listing terms: All Inclusive
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2024 | Sold | $1,400,000$337/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41062808 Report a problem | ||
| 6/27/2024 | Contingent | $1,400,000$337/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41062808 Report a problem | ||
| 6/13/2024 | Listed for sale | $1,400,000+57.3%$337/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41062808 Report a problem | ||
| 9/22/2014 | Sold | $890,000$214/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,400,000 +33.9% |
| 2024 | $17,943 -3.9% | $1,045,696 +2% |
| 2023 | $18,670 +4.3% | $1,025,195 +2% |
| 2022 | $17,906 +6.9% | $1,005,093 +2% |
| 2021 | $16,752 +1.1% | $985,391 +0.9% |
| 2020 | $16,578 +5.5% | $976,983 +2% |
| 2019 | $15,711 +7% | $957,866 +2% |
| 2018 | $14,678 | $939,122 +1.9% |
| 2017 | $14,678 +2.7% | $921,575 +2% |
| 2016 | $14,286 +85.9% | $903,559 +1.5% |
| 2015 | $7,684 | $890,025 +134.3% |
| 2014 | $7,684 | $379,795 +0.5% |
| 2013 | -- | $378,084 +2% |
| 2012 | -- | $370,685 +2% |
| 2011 | -- | $363,431 +0.8% |
| 2010 | -- | $360,721 -0.2% |
| 2009 | -- | $361,577 +2% |
| 2008 | -- | $354,503 +2% |
| 2007 | -- | $347,568 +2% |
| 2006 | -- | $340,767 +2% |
| 2005 | -- | $334,101 +2% |
| 2004 | -- | $327,566 +1.9% |
| 2003 | -- | $321,577 +2% |
| 2002 | -- | $315,286 +2.2% |
| 2001 | $5,192 | $308,417 |
Find assessor info on the county website
Neighborhood: Ivy Hill
Nearby homes
- $--2 bd1 ba811 sqft2421 Ivy Dr, Oakland, CA 94606Off Market
- $--2 bd1 ba863 sqft2417 Ivy Dr APT 3, Oakland, CA 94606Off Market
- $774,1002 bd1 ba-- sqft2417 Ivy Dr APT 5, Oakland, CA 94606Off Market
- $--2 bd1 ba863 sqft2417 Ivy Dr APT 2, Oakland, CA 94606Off Market
- $--2 bd1 ba-- sqft2417 Ivy Dr APT 4, Oakland, CA 94606Off Market
- $1,146,4596 bd5 ba5.4k sqft2407 Ivy Dr, Oakland, CA 94606Off Market
- $578,0002 bd1 ba-- sqft2406 Ivy Dr, Oakland, CA 94606Off Market
- $--1 bd1 ba950 sqft2405 Ivy Dr, Oakland, CA 94606Off Market
Nearby schools
GreatSchools rating
- 4/10Bella Vista Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Edna Brewer Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Oakland High SchoolGrades: 9-12Distance: 0.4 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- California
- Alameda County
- Oakland
- 94606
- Ivy Hill
- 2417 Ivy Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Oakland Topics
