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127 E 16th St, Oakland, CA 94606

Sale Price: $1,175,000
Sep 20, 20242,832 sqft7 beds0 baths
Listed by: Joey Wang
License #: 01890931
Phone #: 510-592-4244
Keller Williams Realty
Source:
CRMLS Logo
MLS #: 41073855

Property Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings Oakland’s 127 E 16th Street is a 3,516 sq. ft. triplex divided into three, unique floor plans: 2BR/1.5BA, a 2BR/2BA, and a 3BR/1BA. In addition to being recently renovated, all three units come with high ceilings and large windows that allow natural light to pour in. Do note that two of the units will be delivered vacant, making this investment opportunity particularly desirable for buyers who want to own and occupy. Onsite laundry is included with this property, as is off-street parking, which is difficult to come by in the area. Geographically, the property sits at the southern end of Lake Merritt, one block from Pitman Green, six blocks from Peralta Park, and about eight blocks for Laney College. More importantly, 127 E 16th Street is around the corner from both Walgreens and Lucky, and less than a mile from the nearest BART station (Lake Merritt) and freeway (I-880). For buyers valuing convenience, comfort, and clean living, this is an opportunity that can’t be taken for granted.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,833

TurboHome Estimated Value

$1,086,100

$384 sqft

High Valuation
$1,140,405
$403/sqft
Normal Valuation
$1,086,100
$384/sqft
Low Valuation
$1,031,795
$364/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$384/sqft$1,086,100

Neighborhood: Merritt

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Comparative Value

$800K

$1.16M

$1.25M

1428 Castro St, Oakland, CA 94612

Sale Price: $800,000

Selected Comparable

1456 E 32nd St, Oakland, CA 94602

Sale Price: $1,160,000

Selected Comparable

127 E 16th St, Oakland, CA 94606

Sale Price: $1,175,000

Selected Comparable

127 E 16th St, Oakland, CA 94606

List Price: $1,250,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
127 E 16th St, Oakland, CA 94606

127 E 16th St, Oakland, CA 94606

List: $1,250,000

Listed: 9/20/2024

Area:2,832 sqft
Price/sqft:$441
Beds:7
Baths:
Year Built:
Lot Size:4,500

Comparable Properties

COMPARABLE
Choose comps
127 E 16th St, Oakland, CA 94606

127 E 16th St, Oakland, CA 94606

Sale: $1,175,000

1/13/20250.00 mi

Area:2,832 sqft
Price/sqft:$415
Beds:7
Baths:
Year Built:
Weight:46.6%
1456 E 32nd St, Oakland, CA 94602

1456 E 32nd St, Oakland, CA 94602

Sale: $1,160,000

11/12/20241.40 mi

Area:2,600 sqft
Price/sqft:$446
Beds:6
Baths:
Year Built:
Weight:30.3%
1428 Castro St, Oakland, CA 94612

1428 Castro St, Oakland, CA 94612

Sale: $800,000

12/18/20241.28 mi

Area:3,876 sqft
Price/sqft:$206
Beds:6
Baths:
Year Built:
Weight:23.1%

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