PENDING
$191K PRICE DROP
2231 E 28th St Oakland, CA 94606
Highland Terrace NeighborhoodEstimated payment $8,835/month
Total Views
2,141
8
Beds
4
Baths
3,378
Sq Ft
$402
Price per Sq Ft
Highlights
- Engineered Wood Flooring
- No HOA
- Double Pane Windows
- Corner Lot
- Detached Garage
- 1-minute walk to Manzanita Recreation Center
About This Home
Fully renovated & vacant fourplex in Oakland’s Highland Terrace. Built in 1951, this turnkey property features four (4) 2BD/1BA units, each updated with quartz countertops, new cabinetry, appliances, hardware, and remodeled bathrooms with tile flooring and modern finishes. Interiors offer new windows, refinished/new flooring, and fresh paint throughout. All units include upgraded 100-amp electrical panels, relocated and fully permitted to meet insurance standards. The 0.16-acre lot includes an on-site laundry room, new pergola, detached 4-car garage with secured parking, and a spacious shared courtyard with private rear entrances for each unit. Preliminary permits secured for two ADUs (1 studio + 1 2BD/1BA) provide future income potential. Located in a quiet residential pocket with hillside views and easy access to I-580, transit, parks, schools, and shopping. Whether you’re an investor seeking stable cash flow and long-term growth, or a buyer exploring multi-generational living or house-hacking, 2231 E 28th Street delivers flexibility and functionality in one of Oakland’s most accessible neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,947
Year Built
- Built in 1951
Lot Details
- 6,875 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Double Pane Windows
- Engineered Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Parking
- Detached Garage
- On-Street Parking
Utilities
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- Coin Laundry
Listing and Financial Details
- Assessor Parcel Number 267862
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,947 | $945,000 | $283,500 | $661,500 |
| 2023 | $5,258 | $107,459 | $33,934 | $73,525 |
| 2022 | $4,804 | $105,353 | $33,269 | $72,084 |
| 2021 | $4,090 | $103,287 | $32,617 | $70,670 |
| 2020 | $4,030 | $102,228 | $32,282 | $69,946 |
| 2019 | $3,553 | $100,225 | $31,650 | $68,575 |
| 2018 | $3,476 | $98,259 | $31,029 | $67,230 |
| 2017 | $3,199 | $96,333 | $30,421 | $65,912 |
| 2016 | $3,015 | $94,444 | $29,824 | $64,620 |
| 2015 | $2,987 | $93,025 | $29,376 | $63,649 |
| 2014 | $3,371 | $91,203 | $28,801 | $62,402 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Price Changed | $1,359,000 | -2.9% | $402 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $1,399,000 | 0.0% | $414 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $1,399,000 | +48.0% | $414 / Sq Ft |
| 02/04/2025 02/04/25 | Off Market | $945,000 | -- | -- |
| 02/04/2025 02/04/25 | Off Market | $1,550,000 | -- | -- |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | For Sale | $1,550,000 | 0.0% | $459 / Sq Ft |
| 11/15/2024 11/15/24 | Off Market | $1,550,000 | -- | -- |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $1,550,000 | +64.0% | $459 / Sq Ft |
| 08/03/2023 08/03/23 | Sold | $945,000 | -4.5% | $283 / Sq Ft |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- |
| 04/22/2023 04/22/23 | For Sale | $990,000 | 0.0% | $296 / Sq Ft |
| 04/22/2023 04/22/23 | Price Changed | $990,000 | -7.9% | $296 / Sq Ft |
| 02/11/2023 02/11/23 | Price Changed | $1,075,000 | -98.9% | $322 / Sq Ft |
| 02/11/2023 02/11/23 | Price Changed | $100,000,075 | +9910.0% | $29,940 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 11/29/2022 11/29/22 | Price Changed | $999,000 | -4.9% | $299 / Sq Ft |
| 10/26/2022 10/26/22 | Price Changed | $1,050,000 | -12.5% | $314 / Sq Ft |
| 09/01/2022 09/01/22 | For Sale | $1,200,000 | -- | $359 / Sq Ft |
Source: Contra Costa Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Wfg National Title | |
| Grant Deed | $945,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,116,600 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Contra Costa Association of REALTORS®
MLS Number: 41066047
APN: 026-0786-002-00
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