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Oak Terrace Apartments is an 8-unit apartment property situated on a .21AC parcel and includes a mix of all 2 bedroom/1 bath units that average +-770 SF each. Over $375k in int. and ext. capital improvements completed. Four floor plans with slight variations within each encompass the eight total units. All unit interiors have been substantially renovated and include such upgrades as new kitchen cabinets, quartz countertops, stainless steel appliances, wood flooring, bath vanities, shower/tub surrounds, raised panel interior doors and new lighting throughout. Significant exterior improvements, incl. new stucco siding, vinyl windows, new handrails and entry doors & new paint. Over $4,900 in add. annual income from RUBS. In place rents average $2,392/month. Turn-key property perfect for 1031 exchange.
Listing agent: Richard Martini DRE #01505297 rich.martini@colliers.com, Listing office: Colliers International
MLS data updated 10/31/2026, 1:47:58 AM PT
Source: CRMLS, MLS #: 40965460
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 23, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,455,000Closed sale · Dec 23, 2021ZIP 94596 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.