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7717 Ney Avenue Avenue, Oakland, CA 94605
--
bed
--
bath
· 8288
ft2 lot
$999,000
Listing provided courtesy of Cory Waxman, Colliers Parrish International.
Source bridgeMLS.
Built in 1965 of wood frame construction, flat composition roof, and concrete slab foundation, 7717 Ney Avenue in Oakland, offers four units totaling +/-4,130 gross rentable square feet. The unit mix boasts an impressive and rare mix of (1) three bedroom/two bath and (3) two bedroom one bath units. The offering presents investors with an excellent opportunity to acquire an asset directly in the path of progress for future developments in the immediate area. Strategically, an investor can capture approximately 58% upside on market rents via tenant turnover and unit renovations. Individually metered gas and electric mitigate operating expenses and on-site laundry coupled with the possible addition of an ADU unit would greatly boast income and streamline operations.
HOA
$—/month
On market
7 months
Year built
1965
Property type
Fourplex
Parking
4
MLS
40922031
Price / Sq.Ft.
ft2
Status
Active
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Based on a price of $999,000
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Property Details
Interior Features & Layout
Laundry Appliances
Coin Operated, In Laundry Room
Some Units Include
Updated Baths, Updated Kitchen
Heating Details
Wall Furnace
Flooring
Carpet, Laminate
Additional Equipment
Garage Door Opener, All Public Utilities, Individual Electric Meter, Individual Gas Meter
Cooling Details
No Air Conditioning
Property, Lot, Community & Exterior Features
Total Units In Complex
4
Building Type
FOURPLEX
Mls Prop Type
FOURPLEX
Building Exterior Details
Dual Pane Windows, Stucco
Lot Description
Regular
Sqft Source
Public Records
Roof
Tar and Gravel
Building Age
4130, 55
Mls Property Type
RESIDENTIAL INCOME
Parking Details
Garage Parking
Exterior Features
Back Yard, Dog Run, Garden/Play, Full Fence, Garden, Play Area
Acres
0.19
Utilities & Other Information
Fips Code
06001
Water / Sewer
Water - Public, Sewer Connected
Utility Meters
Electric, Gas
Listing Details, Costs & Financing Information
Loan 2 Balance
1706
Finances Source
Owner
Possession
COE
Misc Income Annual
13650
Approximate Inventory Value
3950
Gross Income
64572
Operating Expense Annual
31595
Disclosures
Nat Hazard Disclosure
Terms
1031 Exchange
Net Operating Income
32979
Status Category
Active
City Transfer Tax
City Transfer Tax
Existing Lease Terms
Month to Month
Listing Agent Usercode
ML318648
Listing Agent First Name
Cory
Maintenance Expense Annual
2000
Status
Active
Utilities Paid By Tenant
Cable TV
Point Of Sale Ordinance
Point Of Sale Ordinance
Licensing Expense
64572
Annual License Expenses
676
Rental Income Annual
64572
Annual Expenses
1049000, 2019
Sale Or Rent
For Sale
Gross Fee Income
64572
Operating Expense Details
Electric, Garbage Collection, Gas, Insurance, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
Loan 1 Balance
1585, 9057
Listing Agent Last Name
Waxman
School Neighborhood & Directions
Cross Street
Parker Avenue
Street Number
7717
Neighborhood Report
Neighborhood Report
Street Name
Ney Avenue
Directions
Golf Links to Parker
Address
7717 Ney Avenue
Address Search Number
7717
Other
List Price Per Sqft
242
Other (3) Description
2020-09-23T15:56:21.4
Cdom Mls
51
Cdom
51, 51
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 5:06pm
Neighborhood snapshot
83
Properties for sale
12
Median days on market
$492.15
Median sold price/sqft
109.98%
Sold/List %
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Property History
11/06/2020
11/06/2020
EBRD/CCAR/Bay East #40922031
active
EBRD/CCAR/Bay East #40922031
$999,000
--4.77%
09/22/2020
09/22/2020
EBRD/CCAR/Bay East #40922031
active
EBRD/CCAR/Bay East #40922031
$1,049,000
+23.41%
06/25/2018
06/25/2018
San Francisco MLS #470048
cancelled
San Francisco MLS #470048
$850,000
06/03/2018
06/03/2018
San Francisco MLS #470048
pending
San Francisco MLS #470048
$850,000
04/23/2018
04/23/2018
San Francisco MLS #470048
active
San Francisco MLS #470048
$850,000
+25.61%
See more property history
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