1066 54th Street
1066 54th Street
$1,250,000
—
4,050
4,050
$309
Description
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...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 David Howarth • DRE #01360348 • The Pinza Group, Inc
Property Details for 1066 54th Street
City
OAKLAND
Building TypeTRIPLEX
Property Sub TypeTRIPLEX
Garage/ParkingOff-Street Parking
Park Spaces Total5
Total # Parking Spaces2
Location
LISTING UPDATED: 05/19/2024 01:17 AM
Property Details for 1066 54th Street
Status | Active |
---|---|
MLS # | 41059444 |
Days on Compass | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / TRIPLEX |
Year Built | 1908 |
Lot Size | 0.11 AC / 5,000 SF |
County | Alameda County |
Location
Building Information for 1066 54th Street
Stories-Residences3Year Built1908Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$7,226 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1066 54th Street
Property History for 1066 54th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1066 54th Street
Taxable ValueLand$40,699Additions$92,356Total$133,055
Tax Record2023$4,845 ($404 / month)
Home Facts
Total Finished SqFt2,255 SqFtAbove Grade Finished SqFt2,255 SqFtStories3Lot Size5,000 SqFtStyleTriplexYear Built1908CountyALAMEDAAPN13-1185-6
Schools near 1066 54th Street
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Sankofa United Elementary School PublicK to 5 | ||
Claremont Middle School Public6 to 8 | ||
Oakland Technical High School Public9 to 12 | ||
North Oakland Community Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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