For SaleRisky Deal7 days on market
1040 59th St
1040 59th St, Oakland, CA 94608, Oakland, CA 94608
$699,000
Listing Price
1040 59th St, Oakland, CA 94608
Loc: Oakland, CA
Days Listed
7
Tax Assessed
$70k
Lot Size
6,970 sqft
Rent Estimate
$3,132/mo
Est. Cash Flow base
Type
multi family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Sankofa United Elementary School
K-5
0.9 mi away
9
Claremont Middle School
6-8
1.7 mi away
8
Oakland Technical High School
9-12
1.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Victoriangingerbread trimpink exteriorwood sidinghistoricbay windowsgabled roofchain-link fencelandscaped hedgefront walkwayresidentialtwo-storyquaint
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.46%
Total ROI
34.2%
Cash Flow
$-1,609/mo
DSCR
0.56
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,609/mo net cash flow with a 3.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Oakland, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $699,000 | $251 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $69,542 |
| 2025 | $3,375.88 | $68,178 |
| 2024 | $3,204.68 | $66,842 |
| 2023 | $3,177.98 | $65,531 |
| 2022 | $2,938.02 | $64,246 |
| 2021 | $2,573.14 | $62,987 |
| 2020 | $2,537.72 | $62,341 |
| 2019 | $2,291.2 | $61,118 |
| 2018 | $2,096.26 | $59,920 |
| 2017 | $2,096.26 | $58,746 |
| 2016 | $1,930.94 | $57,594 |
| 2015 | $1,843.62 | $56,728 |
| 2014 | $1,843.62 | $55,618 |
| 2013 | $0 | $55,367 |
| 2012 | $0 | $54,280 |
| 2011 | $0 | $53,217 |
| 2010 | $0 | $52,819 |
| 2009 | $0 | $52,944 |
| 2008 | $0 | $51,906 |
| 2007 | $0 | $50,888 |
| 2006 | $0 | $49,891 |
| 2005 | $0 | $48,913 |
| 2004 | $0 | $47,956 |
| 2003 | $0 | $47,077 |
| 2002 | $0 | $46,155 |
| 2001 | $1,040.42 | $45,250 |
Similar Properties Nearby
Explore other investment opportunities in Oakland.