873 29th St
Oakland, CA 94608
- 4 beds
- – baths
- 2,176 sqft
- 3,500 sqft lot
- $482 per sqft
- 1908 build
- – on site
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4-unit apartment complex fully renovated in 2023. Current CAP rate: 6.08% and the current GRM is 10.85. The property offers approximately 2,176 square feet of rental space and sits on a 3,500 square foot lot with off-street parking and room for a backyard patio. The unit mix offers four 1b/1bth units that are leased to new tenants at market rates. One unit will be delivered vacant at closing making it perfect for an owner-occupant! The property offers brand new units with new flooring, high-end kitchens and bathrooms, wood flooring, in-unit water heaters, double pane windows, new electrical systems, new plumbing, a new roof, new siding, a new sewer lateral, and more. The property is separately metered for PG&E and should have low annual operating expenses and no maintenance requirements. The tenants are all new and easy to manage so hiring a property manager should not be necessary. This is a very attractive Oakland location, only a few minutes from Downtown Oakland, San Francisco, and Berkeley with easy access HWY 880, HWY580, and HWY24 and multiple BART stations. This location is great for walking and biking with ample public transportation options making it one of the more desirable neighborhoods in Oakland.
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Last updated Mar 23, 2024
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MLS# 41046076 —
Walk Score®
Provided by WalkScore® Inc.
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 |
|---|---|---|---|---|
|
3/22/24
Mar 22, 2024
|
Sold | BRIDGE | $1,050,000 | -8.7% |
|
2/25/24
Feb 25, 2024
|
Pending | BRIDGE | $1,150,000 | |
|
1/26/24
Jan 26, 2024
|
Relisted | BRIDGE | $1,150,000 |