1832 Bridge Avenue
1832 Bridge Avenue
$1,675,000
12
10
5,408
5,408
$310
Description
6.0% cap rate and 12.55 GRM on current rent. 1832 Bridge Avenue offers a rare opportunity to purchase four legal condos with strong current income and excellent rental upside. The property was fully renovated 12 years ago, offers 5,408 square feet of living space, and sits on a 9,125 square foot lot spread across two buildings with a common driveway. Each condo unit offers two levels, 3 bedrooms, and 2.5 bathrooms, with 1,352 square feet of living space. All units are fully remodeled with gorgeous...6.0% cap rate and 12.55 GRM on current rent. 1832 Bridge Avenue offers a rare opportunity to purchase four legal condos with strong current income and excellent rental upside. The property was fully renovated 12 years ago, offers 5,408 square feet of living space, and sits on a 9,125 square foot lot spread across two buildings with a common driveway. Each condo unit offers two levels, 3 bedrooms, and 2.5 bathrooms, with 1,352 square feet of living space. All units are fully remodeled with gorgeous kitchens and bathrooms, upgraded electrical and plumbing, newer hardwood floors, double pane windows, stainless steel appliances, granite countertops, custom lightning, and more. The property is easy to manage and is separately metered for PG&E and sub-metered for water, providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is one condo that will be delivered vacant at closing making this perfect for an owner-occupant or investor seeking high market rent. High demand rental location near countless restaurants and shopping options with easy access to BART and other public transportation.
- Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc
Property Details for 1832 Bridge Avenue
City
OAKLAND
Building TypeFOURPLEX
Property Sub TypeFOURPLEX
Garage/ParkingOther
Park Spaces Total8
Total # Parking Spaces8
Location
LISTING UPDATED: 04/12/2024 01:18 AM
Property Details for 1832 Bridge Avenue
Status | Active |
---|---|
MLS # | 41053921 |
Days on Compass | 67 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1924 |
Lot Size | 0.21 AC / 9,125 SF |
County | Alameda County |
Location
Building Information for 1832 Bridge Avenue
Stories-Residences4Year Built1924Building Size-Lot Size0.21 AC / 9,125 SF
Payment Calculator
$9,550 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1832 Bridge Avenue
Property History for 1832 Bridge Avenue
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 1832 Bridge Avenue
Taxable ValueLand$96,576Additions$133,649Total$230,225
Tax Record2023$4,907 ($409 / month)
Home Facts
Beds3Total Finished SqFt1,352 SqFtAbove Grade Finished SqFt1,352 SqFtStories2Lot Size9,125 SqFtStyleCondominiumYear Built1924Year Renovated1970CountyALAMEDAAPN33-2135-48
Schools near 1832 Bridge Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Global Family School PublicK to 5 | ||
Urban Promise Academy Public6 to 8 | ||
United For Success Academy Public6 to 8 | ||
Fremont High Public9 to 12 |
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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