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1948 9Th Ave, Oakland, CA 94606
--
bed
--
bath
· 7500
ft2 lot
$1,595,000
Listing provided courtesy of TIMOTHY WARREN, JOSEPH M. TAPIA, BROKER.
Source CRMLS.
The four-unit multifamily property is located blocks from Lake Merritt. It consists of two massive studios (1,100 SF); one 2-bedroom, 1-bathroom apartment; and one 3-bedroom, 1-bathroom apartment, ranging from 900 to 2,300 square feet, plus a detached carriage house. The large 7,500 SF parcel in a superb location offers many options including possible ADU upside. This is a rare opportunity to purchase an asset which will demand market rents in a fantastic Oakland location.
HOA
$—/month
On market
3 months
Year built
1896
Property type
Multi-Family
Parking
MLS
40935843
Price / Sq.Ft.
ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $1,595,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
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$0
+$310/day
$0
Best
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$7,975
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$7,975
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$6,040
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$6,040
Average
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Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
Flooring
•   
Flooring: Wood
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
Lot Info
•   
Lot Features: Back Yard, Garden
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7500.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Shingle
•   
Construction Materials: Wood Siding
Community Info
•   
Total Units: 4
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 123000.00
•   
Other Expense: 404.00
•   
Insurance Expense: 2597.00
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 123000.00
•   
Operating Expense: 34327.00
Lease Info
•   
Net Operating Income: 88673.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 15236.0
Listing Info
•   
Status: Active
School Neighborhood & Directions
School Info
•   
Directions: 9th Ave Cross Street: East 20th St.
Other
Calculation
•   
Dom: 75
•   
Cdom: 75
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 8:28am
Neighborhood snapshot
34
Properties for sale
12
Median days on market
$565.49
Median sold price/sqft
111.65%
Sold/List %
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Property History
03/02/2021
03/02/2021
CRMLS #40935843
active
CRMLS #40935843
$1,595,000
03/02/2021
03/02/2021
EBRD/CCAR/Bay East #40935843
active
EBRD/CCAR/Bay East #40935843
$1,595,000
--7.54%
01/28/2021
01/28/2021
CRMLS #40935843
active
CRMLS #40935843
$1,725,000
+92.74%
07/13/2018
07/13/2018
CRMLS #40822877
sold
CRMLS #40822877
$895,000
--0.56%
07/12/2018
07/12/2018
Public Record
sold
Public Record
$900,000
See more property history
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