1124 58th Avenue

Oakland, CA 94621

$429,000
Last Sold Price
Beds
1,260 Sq. Ft.
$340 / Sq. Ft.
1,260
Sq. Ft.
$340
per Sq. Ft.

Description

For the investor with Savvy! Great opportunity input coming area and it is an excellent investment property at an affordable price ! Located close to everything. The front unit has been recently updated and the rear unit has a tenant for almost 20 years, but this unit is well maintained. All 3 units are in good condition and no vacancy for many years! The property is located in a desirable rental location close to everythingFor the investor with Savvy! Great opportunity input coming area and it is an excellent investment property at an affordable price ! Located close to everything. The front unit has been recently updated and the rear unit has a tenant for almost 20 years, but this unit is well maintained. All 3 units are in good condition and no vacancy for many years! The property is located in a desirable rental location close to everything
  1. Listed by Hugo De Hoyos • DRE #01153534 • Intero Real Estate Services • 650-281-9585

Property Details for 1124 58th Avenue

MLS City Name
OAKLAND
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
2

Location

Listing Courtesy of Intero Real Estate Services, Hugo De Hoyos, DRE #01153534

Sold By America Foy LaRue Broker, America Foy La Rue, DRE #01360255

Add your commute
LISTING UPDATED: 06/23/2021 10:52 AM

Property Details for 1124 58th Avenue

StatusSold
MLS #ML81822311
Days on Compass131
Taxes$7,336 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1924
Lot Size0.08 AC / 3,500 SF
CountyAlameda County

Location

Listing Courtesy of Intero Real Estate Services, Hugo De Hoyos, DRE #01153534

Sold By America Foy LaRue Broker, America Foy La Rue, DRE #01360255

Add your commute

Building Information for 1124 58th Avenue

Stories1Residences2Year Built1924Building Size-Lot Size0.08 AC / 3,500 SF

Payment Calculator

$2,953 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,341

Property Taxes

$611

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1124 58th Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 1260
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Other
  • Heating: Other
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1124
  • Street Name: 58th
  • Street Suffix: Avenue
  • Area ID: 2601
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 1260
  • Structure SqFt Source: Assessor
  • Age: 96
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R1
Location Information
  • City Limits: Yes
  • Parcel Number: 041-3892-029
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94621
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .08
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $7,336
  • Building Unit Total: 2
  • Capitalization Rate: 5.58
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $900
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,228
  • Expenses Other: $659
  • Expenses Utility: $0
  • Expenses Total: $10,123
  • Operating Expenses Include: Fee - Property Tax
  • Gross Rent Multiplier: 12.59
  • Income Annual Gross: $34,080
  • Income Annual Rental: $34,080
  • Income Gross Scheduled: $34,080
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,250
Unit 2 Information
  • Unit 2 Approx Square Footage: 500
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $885
Unit 3 Information
  • Unit 3 Approx Square Footage: 500
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $705
Unit Type 1
  • Unit Type1 Approx SqFt: 560

Property History for 1124 58th 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 1124 58th Avenue

Taxable ValueLand$133,899Additions$312,432Total$446,331
Tax Record2023$9,091 ($758 / month)
Home Facts
Total Finished SqFt1,260 SqFtAbove Grade Finished SqFt1,260 SqFtStories1Lot Size3,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1924CountyALAMEDAAPN41-3892-29

Schools near 1124 58th 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
Charter - 6 to 12
Rating
School
Distance
Community United Elementary School
PublicK to 5

Coliseum College Prep Academy
Public6 to 12

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.

Similar Homes

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Similar Sold Homes

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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 Intero Real Estate Services, Hugo De Hoyos, DRE #01153534

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.