Welcome to 245 Montecito #203 l OPEN HOUSE | 2:00 - 4:30PM l LIST PRICE $599,000 Stylish corner-unit condo in Oakland’s desirable Adams Point neighborhood, just moments from Lake Merritt. This bright 2BD/2BA home offers 1,127 sq. ft. of thoughtfully designed living space with abundant natural light from dual-pane windows. Features include a beautifully updated kitchen with quartz countertops, a spacious living room with fireplace, and a generously sized primary suite. Enjoy a private covered balcony, deeded one-car parking, and a dedicated storage unit. Montecito House residents have access to a solar-heated community pool. Ideally located near 19th St BART, major freeways, Whole Foods, and the Grand Avenue Farmers Market offering the best of urban convenience and neighborhood charm.
5 weeks ago
Welcome to 245 Montecito #2...Welcome to 1747 1st Ave in Walnut Creek Listings Price $1,948,00 | 2,761 SQFT | 4 BEDS | 3.5 BATHS | 2016Yr OPEN HOUSE l Saturday + Sunday | 1:00PM - 3.00PM This beautifully located home offers the perfect blend of comfort and convenience, just minutes from vibrant downtown dining, shopping, and entertainment. Featuring a spacious layout, abundant natural light, and inviting indoor-outdoor living, it’s ideal for both relaxing and entertaining. Enjoy a peaceful neighborhood setting while staying close to everything Walnut Creek has to offer. A place to live, unwind, and truly feel at home.
5 weeks ago
Welcome to 1747 1st Ave in ...Berkeley Duplex Cap Rates (2025–2026) 3%–4%: very common in prime areas (especially turnkey or owner-user) 4%–5%: solid, market average 5%+: strong deal, usually with upside or value-add 6%+: rare, often comes with risk or location/condition issues Cap rate = Net Operating Income (NOI) ÷ Purchase Price Example: 1530 Stuart St, Berkeley Purchase: $1,000,000 NOI: $50,000 Cap rate: 5% Open House: Sunday, March 29th, 2–4 PM Key nuance: Duplexes (2–4 units) aren’t priced purely on cap rate like larger multifamily. They’re driven by owner-occupant demand, appreciation, rent control, and long-term strategy. That’s why cap rates are typically lower. How investors evaluate deals: Break-even or slight negative cash flow is acceptable Upside through tenant turnover ADU or expansion potential Long-term appreciation near UC Berkeley Rule of thumb: Under 3.5%: thin, appreciation play 4%–4.75%: good deal 5%+: strong deal worth pursuing
5 weeks ago
Berkeley Duplex Cap Rates (...There’s one decision you’re going to make when you sell that determines whether your house sells quickly, or it sits. Whether buyers make an offer, or scroll past it. Whether you walk away with the maximum return, or you end up cutting the price later. Open House | Saturday March 21st I 1:00 - 3:00PM www.3657westct.com The #1 Mistake Sellers Make Today: Trusting the Wrong Number If you’re thinking of moving and trying to figure out what your house may sell for, it’s tempting to start with an online home value tool. They’re fast, free, and easy. And you don’t have to talk to anyone. But here’s the problem: they don’t know your house. And that can be a bigger drawback than you realize. Where Online Estimates Fall Short Online tools often lag behind the market. They look in the rearview mirror, relying on closed sales and delayed information. And in that sense, they’re using incomplete data. That’s not a miss in how these systems are built. Some information just isn’t available online. Bankrate explains: “While these tools can be a useful starting point, keep in mind that they typically do not provide the most accurate pricing. Algorithms can only rely on the information available; they can’t account for things like a home’s condition or renovations made since the last public information was updated.” They can’t see: The unique features that make your house special All the work you’ve put in to keep it in good condition Or, how in-demand your specific neighborhood is right now So, while they may do a good job in some cases, they can’t be as accurate as a local agent who has boots on the ground day in and day out. In a market where buyers have more options, a seemingly small margin of error can cost you thousands if you price too low, or weeks of lost momentum and time if you price too high.
6 weeks ago
There’s one decision you’re...Renting vs. Buying: The Numbers Might Surprise You Congratulations to our Buyers > Renting!! Renting can feel like the easier choice right now. There’s no big down payment. No dealing with surprise repairs. And no long-term commitment. But then your rent goes up again. And again. And suddenly the thing that seemed flexible starts looking… expensive, especially considering you’re not building any equity. And once that happens, it’s easy to feel a little trapped in the cycle. That’s because there’s so much chatter today about how buying a home isn’t affordable. But the truth is, the math may work out better than you’d expect based on what’s changed recently. Buying Is More Affordable Than Renting in Many Areas In a lot of places today, owning a home actually costs less each month than renting a 3-bedroom home. And recent data from ATTOM shows that’s true in nearly 58% of counties across the U.S. (see chart below). In other words, even though it may feel like a bit of a shock, the numbers show rent often stretches monthly budgets more than owning does. That’s thanks to slower home price growth, more homes for sale, and monthly mortgage payments starting to ease as rates come down. The takeaway? How affordable buying is really depends on where you live. And the only way to know how this plays out where you live is to look at the numbers locall So, What’s Still Holding Buyers Back? Maybe you’re nodding along so far but thinking, “Okay, but I still can’t afford the upfront costs.” If that’s your reaction, you’re not the only one. For many renters, the biggest hurdle isn’t the monthly payment alone. It’s the down payment, too. But you’re not out of options. Here’s the part most people don’t hear enough about: there are thousands of down payment assistance programs available across the country, and many buyers qualify without realizing it. And the average benefit? Roughly $18,000. That kind of support can help cover part of your down payment or closing costs, which means you may not need to save nearly as much as you think to get started.
7 weeks ago
Renting vs. Buying: The Num...The Hidden Advantage Repeat Buyers Have Right Now... Congratulation to our REPEAT buyer’s on their new purchase! Now ask yourself....What if I didn’t have a mortgage payment on my next home? It may sound unrealistic, but for many homeowners today, it’s actually possible. Nearly 3 in 10 homes purchased today are bought with cash, according to the National Association of Realtors. That’s significantly higher than the typical pre-pandemic level. So how are so many buyers able to do it? The answer is home equity. During 2020 and 2021, mortgage rates were at historic lows and housing inventory was extremely limited. That combination pushed home prices up rapidly. If you owned a home during that time, chances are your property gained significant value. For many homeowners, that appreciation created enough equity to purchase their next home with little or no financing. As the National Association of Realtors explains: “Rising home equity has armed many existing homeowners with the financial leverage to make cash offers, allowing them to convert years of price appreciation into immediate purchasing power.” Here are some of the biggest advantages of buying your next home in cash. 1. Your Offer Becomes More Attractive 2. You Can Close Faster 3. No Monthly Mortgage Payment 4. You May Even Get a Better Price The Bottom Line If you’ve owned your home for several years, there’s a good chance you’re sitting on more equity than you realize.
7 weeks ago
The Hidden Advantage Repeat...Just ReListed | 850 Melcher St, San Leandro I $748,000 Charming 3BD/1BA with a brand-new kitchen, new roof & Luxury Vinyl Plank flooring Inviting open layout + ADU potential on a generous lot. Close to parks, schools & commuter routes—don’t miss this opportunity I OpenDate I Valentines Saturday 14th I 1:00 -4:00PM
11 weeks ago
Just ReListed | 850 Melcher...Fantastic investment opportunity in Oakland! This well-maintained four-plex at 1920 69th Ave offers strong in-place cash flow with a total of four spacious units—three 2-bed/1-bath apartments and one 1-bed/1-bath unit. Tenants enjoy on-site parking, in-unit laundry, and a convenient location near public transit, schools, and major commuter routes. With current rents producing solid income from day one and upside potential through rent optimization or light improvements, this property is perfect for both new and seasoned investors looking to expand their multifamily portfolio -
20 weeks ago
Fantastic investment opport...Congratulations on closing at 3644 Redding St! Welcome to homeownership in the heart of The Town — where roots run deep and dreams get built brick by brick. Grateful to walk this journey with you. This isn’t just a closing, it’s a new chapter, a new legacy, and a true TownBiz move. Proud of you!
22 weeks ago
Congratulations on closing ...