1050 70th Avenue

Oakland, CA 94621

$2,695,000
Price
Beds
8,712 Sq. Ft.
$309 / Sq. Ft.
8,712
Sq. Ft.
$309
per Sq. Ft.

Description

1050-1078 70th Avenue is a fully remodeled eight unit multifamily property, built in 1926. The buildings feature eight spacious 3bd/2bth townhouse-style units of approximately 1,089 SF. Three (3) units will be delivered vacant and can be immediately rented out at market rate. Each unit is separately metered for PG&E and water, allowing utility passthroughs to minimize owner expenses. Each unit was fully renovated in 2019, featuring: updated kitchens, bathrooms, fresh paint, W/D hookups, and gorgeous...1050-1078 70th Avenue is a fully remodeled eight unit multifamily property, built in 1926. The buildings feature eight spacious 3bd/2bth townhouse-style units of approximately 1,089 SF. Three (3) units will be delivered vacant and can be immediately rented out at market rate. Each unit is separately metered for PG&E and water, allowing utility passthroughs to minimize owner expenses. Each unit was fully renovated in 2019, featuring: updated kitchens, bathrooms, fresh paint, W/D hookups, and gorgeous flooring throughout. The property boasts sixteen (16) off-street parking spaces, set on a massive 20,000 SF lot. Located in close proximity to shopping, restaurants, and public transportation, 1050-1078 70th Avenue offers the exceptional opportunity to purchase a turnkey, cash flowing asset. Email Alec@Pinzagroup.com for more info.
  1. Listed by Steven Pinza • DRE #01867691 • The Pinza Group, Inc

Property Details for 1050 70th Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Other
Total # Parking Spaces
16

Location

Listing Courtesy of The Pinza Group, Inc, Steven Pinza, DRE #01867691
Add your commute
LISTING UPDATED: 01/10/2024 12:17 AM

Property Details for 1050 70th Avenue

StatusActive
MLS #41046698
Days on Compass116
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1926
Lot Size0.46 AC / 20,000 SF
CountyAlameda County

Location

Listing Courtesy of The Pinza Group, Inc, Steven Pinza, DRE #01867691
Add your commute

Building Information for 1050 70th Avenue

Stories-Residences8Year Built1926Building Size-Lot Size0.46 AC / 20,000 SF

Payment Calculator

$16,808 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,708

Property Taxes

$2,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1050 70th Avenue

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other Skirt
  • Lot Description: Other
  • Lot Sq Ft Apx: 20000
  • Lot Size Square Feet: 20000.0
  • Roof: Other
  • Sq Ft Apx: 8712
  • Year Built: 1926
Location Details
  • Directions to Property: Google Maps
  • FIPS Code: 06001
  • Census Tract: 408800
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 8
  • Basement: Other
  • Tenant Pays: Other
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1050 70th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1050 70th Avenue

Taxable ValueLand$470,260Additions$1,096,364Total$1,566,624
Tax Record2023$25,203 ($2,100 / month)
Home Facts
Total Finished SqFt4,356 SqFtAbove Grade Finished SqFt4,356 SqFtStories1Lot Size10,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926Year Renovated1970CountyALAMEDAAPN41-4148-63

Schools near 1050 70th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Community United Elementary School
PublicK to 5

Coliseum College Prep Academy
Public6 to 12

Castlemont High
Public9 to 12

Futures Elementary School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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1050 70th Avenue is a multi-family home for sale in Oakland, CA 94621. This property was listed for sale on January 3, 2024 by The Pinza Group, Inc, it's currently listed at $2,695,000. It has been on the market for a total of 116 days and was last sold on March 21, 2007. This listing's school district is Oakland Unified School District. Nearby schools include Community United Elementary School, Coliseum College Prep Academy and Castlemont High. 1050 70th Avenue is a 0-bed, 0-bath, 8,712 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Pinza Group, Inc, Steven Pinza, DRE #01867691

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.