In the vibrant heart of Oakland sits an exciting investment opportunity. Two homes sit on a generous 7,000 sq. ft. lot, each offering its own distinct charm. The moment you step outside or gaze through the window, you're transported to a quaint, quiet, spring-filled garden and courtyard guaranteed to make you feel at home. The front residence is a cozy single-family dwelling, with three well-sized bedrooms, a bath, and a garage accompanied by a private driveway. Venturing deeper into the property, you'll find a duplex. The upper unit is a comfortable one-bedroom suite with a bath, complemented by a spacious private deckperfect for soaking in those bay views. The lower unit, adorned with Spanish style essence, offers two bedrooms and a bath, all framed by a shared courtyard that captures the essence of the garden's tranquility. The added two-car garage presents additional income opportunities. This investment has a solid cap rate of 7.5%. This property marries natural charm with investment promise. It's a haven for the budding investor or the discerning house hacker who values both peace and potential. Visit website at www.2443-244524thavenue.com
Listing courtesy of SFMLS / KW Advisors
Last checked:
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Last updated Apr 30, 2024
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MLS# 423900064 —
The Building
1927
Year Built:
Subtype Description:
Apartments, House(s)
Levels:
Two
Stories:
2
Basement:
None
Security Features:
Carbon Mon Detector, Smoke Detector
Patio And Porch Features:
Balcony/Deck, Uncovered Deck, Uncovered Patio, Varies By Unit
# of Buildings:
2
# of Units Total:
3
Interior
Laundry Features:
In Each Unit, Washer/Dryer Owned
Flooring:
Varies By Unit
# of Floors:
2
# of Rooms:
12
The Property
Property Type:
Triplex
Property Type:
Residential Income
View Description:
Bay, Garden/Greenbelt
Lot:
7,000 Sqft
Lot Features:
Garden, Sidewalk
Lot Size:
SqFt
0.1607
Acres:
Elevation Units:
Feet
Listing Agent
Contact info:
No listing contact info available
The Listing
Last Modified Date Time:
2023-10-17 13:25:20.0
Heating & Cooling
Heating:
Varies By Unit
Cooling:
None
Utilities
Sewer:
Public Sewer
Water Source:
Public
Separate Meters:
Varies By Unit
Appliances
Appliances:
Built-in Gas Oven, Built-in Gas Range, Dishwasher, Disposal, Free Standing Refrigerator, Varies By Unit
The Community
Association:
San Francisco Association of REA
Association:
NONO
Cap Rate:
7.85
Parking
Covered Spaces:
3.00
Total Parking Spaces:
4.00
Parking Features:
Garage, Varies By Unit
Extra Units
# of 1 Bedroom Units:
1
# of 2 Bedroom Units:
1
# of 3 Bedroom Units:
1
Units Furnished:
None
Unit 1 Type:
Apartment
Unit 1 Description:
Upstairs rear building 1 bedroom, 1 bath with private deck. Rent Potential $1,800-$2,100
Unit 1 # of Rooms:
4
Unit 1 Full Baths:
1
Unit 1 Bedrooms:
1
Unit 1 Approx SqFt:
714
Unit 1 SqFt Source:
Appraiser
Unit 2 Type:
Apartment
Unit 2 Description:
Downstairs rear building 2 bedroom, 1 bath with shared courtyard. Rent Potential $2,475-$2,750
Unit 2 # of Rooms:
5
Unit 2 Bedrooms:
2
Unit 2 Full Baths:
1
Unit 2 Approx SqFt:
918
Unit 2 SqFt Source:
Appraiser
Unit 3 Type:
Apartment
Unit 3 Description:
Front property 3 bed, 1 bath with private garage & shared courtyard. Rent Potential $3,000 - $3,300
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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).
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
10/17/23
Oct 17, 2023
SFMLS
$1,012,464
-3.5%
10/4/23
Oct 4, 2023
SFMLS
$1,049,000
9/14/23
Sep 14, 2023
SFMLS
$1,049,000
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Multifamily
Sold
on 10/17/2023
$1,012,464
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Based on information from the SFMLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
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Last updated Apr 30, 2024
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