1066 54th St
Oakland, CA 94608
- – beds
- – baths
- – sqft
- 5,000 sqft lot
- 1908 build
- – on site
Large North Oakland Queen Anne Victorian investment with strong current income and excellent rental upside. Current cap rate: 5.63%, Current GRM: 12.01. The property offers a total of five units including one 4bd/1.5bth unit, two 2bd/1bth units, and two studio units in the rear building. The building was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top level 4bd/1bth unit will be delivered vacant at closing and is perfect for an owner-occupant or investor seeking high market rents. Many of the units are remodeled and offer updated kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. The property is low maintenance and easy to manage providing for low annual operating expenses. This is a great location close to countless restaurants, coffee shops, grocery stores, Temescal, Berkeley, Emeryville, and multiple BART stations. This is a perfect opportunity for an owner-occupant or investor to acquire a turn-key property in one of Oakland's best neighborhoods with excellent long-term potential.
Listed By CRMLS_CA / David Howarth / The Pinza Group, Inc
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Last updated May 19, 2024
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MLS# 41059444 —
This property is listed in more than one place. See it here.
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/12/24
May 12, 2024
|
Listed / Active | CRMLS_CA | $1,250,000 | |
10/26/23
Oct 26, 2023
|
Listed / Active | BRIDGE |