Back 5867 Ocean View Drive
Off Market

5867 Ocean View Drive

Oakland CA 94618

3480 sq. ft.
6150 sq. ft.
Duplex
Last sold for $1,570,000
Andrew SohnAndrew Sohn, last sold this property on 08 November 2023 after 88 days on market.

Overview

Extraordinary, one-of-a-kind opportunity in the heart of Rockridge, just a short walk to BART and College Avenue. This property was built as a single-family home in 1920 and converted to a triplex at some point afterwards. Up until recently, the property was fully leased (gross rents totaling approximately $7,850, with the three tenants paying all of the utilities), but is now completely vacant! The most recent tenants (a three bedroom/one bath apartment and two one-bedroom/one bath apartments) removed a wall and door separating two of the three units, and lived somewhat communally. The property exudes old-world charm and features generously sized rooms throughout, hardwood floors, with high ceilings on the main level. The kitchen and bath on the main level have been updated. The lower-level apartment has a large and exquisitely wood-paneled living room and separate dining area. The entire interior was just freshly painted. There is a long driveway along the west elevation and an additional three parking spaces off of Broadway!

Features

3480 sq. ft. floor area
6150 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Oakland over the last 12 months, the estimated median property value of 5867 Ocean View Drive is $1.35m.

Median value
$1.35m
Estimated value range
$625k - $2.22m
Median days on market
14
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5867 Ocean View Drive

2023
Sold
$1,570,000
08 Nov 2023 by Andrew Sohn, of Compass

Happy sellers in Oakland

92%
92% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Oakland over the last 12 months.

Local market activity for duplexes in Oakland

In the last 12 months, 10 duplexes similar to 5867 Ocean View Drive, have been sold.

This represents a 150% decrease in duplexes sales when compared to the previous 12 months.

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