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Sold for $1,500,000
  • $1,500,000

    541 45th St, Oakland, CA 94609

    6beds
    4baths
    3,714sqft
    Quadruplex
    Built in 1941
    -- sqft lot
    $1,431,100 Zestimate®
    $404/sqft
    $3,022 Estimated rent

    Home value

    $1,431,100

    $1.27M - $1.60M

    $3,022/mo

    Zestimate® history
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    $3,022/mo

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    $9,514/mo

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    $9,514/mo

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    What's special

    539-545 45th Street is an incredibly rare opportunity to acquire a pridefully maintained 3,714±SF fourplex on a 5,000±SF parcel in the heart of one of Oakland’s hottest submarkets, Temescal! Located within one half-block of bustling Telegraph Avenue, this income producing asset boasts a 97 WalkScore and 97 BikeScore, with rental demand driven by proximity to award-winning restaurants, retail, MacArthur BART Station, UCSF Benioff Children’s Hospital, transit lines and freeway access. With one 1BD/1BA unit delivered vacant, 539-545 45th features a desirable unit mix of (1) 3BD/1BA; (3) 1BD/1BA. New ownership benefits from Seller’s recent investment of over $100,000 in capital improvements and projected Potential Rental Income over $136,000/annually (5.71% cap rate, 11.35 GRM). Whether you are a first-time owner-user or seasoned multifamily investor, 539-545 45th appeals to a broad range of Buyers, offering the ideal combination of steady near-market rents coupled with maximum Day 1 flexibility, future upside, and conversion potential in one of the City’s most desirable submarkets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Loh 510-219-6125,

    Wellington Property Company

    Bought with:

    Giuseppe Zumbo, DRE #01753412

    Corcoran Icon Properties

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41048723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Electric, Forced Air, Natural Gas, Wall Furnace, See Remarks
    Cooling
    • See Remarks
    Appliances
    • Included: Dryer, Washer
    • Laundry: Coin Operated, Dryer, Washer, See Remarks, Sink
    Features
    • Flooring: Laminate, Partial Carpeting, Tile, Vinyl, See Remarks
    • Basement: None
    Interior area
    • Total structure area: 3,714
    • Total interior livable area: 3,714 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Attached, Enclosed, Garage, Off Street, Other, Garage Faces Front, Private, Remote, See Remarks
    • Has attached garage: Yes
    Features
    • Exterior features: Back Yard, Side Yard, Other, Entry Gate, Low Maintenance, Private Entrance, See Remarks, Yard Space
    • Fencing: Fenced,Wood
    Lot
    • Size: 4,791 sqft
    • Features: Level, Front Yard, Garden, Security Gate, See Remarks
    Details
    • Parcel number: 13109451
    • Special conditions: Standard
    • Other equipment: See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco, Frame, Siding - Stucco
    Condition
    • Year built: 1941

    Utilities & green energy

    • Electric: No Solar
    • Utilities for property: Water/Sewer See Remarks

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Security Fence, Security Gate
    Location
    • Region: Oakland

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,Call Listing Agent

    Price history

    DateEventPrice
    2/27/2024Sold$1,500,000+1.4%$404/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41048723 Report a problem
    2/10/2024Pending sale$1,479,000$398/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41048723 Report a problem
    1/30/2024Listed for sale$1,479,000+228.7%$398/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41048723 Report a problem
    4/8/2014Listing removed$2,650$1/sqft
    Source: Wellington Property Company Report a problem
    1/9/2014Listed for rent$2,650$1/sqft
    Source: Wellington Property Company Report a problem
    11/8/2012Sold$450,000+69.8%$121/sqft
    Source: Public Record Report a problem
    6/2/1998Sold$265,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,530,000 +181.6%
    2024$10,700 -3.1%$543,257 +2%
    2023$11,037 +5.2%$532,605 +2%
    2022$10,495 +8.7%$522,165 +2%
    2021$9,659 +1.2%$511,928 +1%
    2020$9,543 +6.8%$506,681 +2%
    2019$8,939 +7.6%$496,750 +2%
    2018$8,305 $487,011 +2%
    2017$8,305 +3.4%$477,463 +2%
    2016$8,031 +0.6%$468,103 +1.5%
    2015$7,983 -4.1%$461,074 +2%
    2014$8,323 $452,042 +0.5%
    2013-- $450,000 +33.6%
    2012-- $336,875 +2%
    2011-- $330,271 +0.8%
    2010-- $327,804 -0.2%
    2009-- $328,583 +2%
    2008-- $322,141 +2%
    2007-- $315,826 +2%
    2006-- $309,635 +2%
    2005-- $303,564 +2%
    2004-- $297,613 +1.9%
    2003-- $292,160 +2%
    2002-- $286,430 +2%
    2001$4,601 $280,816

    Find assessor info on the county website

    Neighborhood: Temescal

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,431,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,431,100