1364 East 27th Street

Oakland, CA 94606

$1,625,000
Last Sold Price
Beds
4,532 Sq. Ft.
$359 / Sq. Ft.
4,532
Sq. Ft.
$359
per Sq. Ft.

Description

Bella Vista Gardens is a stately 1920’s 5-unit apartment building and a single family home perched on a gentle slope next to Ivy Hill, just over 1 mile east of Lake Merritt in Oakland CA. The wood-framed stucco 5-plex has two 2-bedroom 1-bath units and three 1-bedroom 1-bath units and a non-conforming studio. The brown shingle home has 3 bedrooms and 2 bathrooms on an adjacent lot with the potential for development. Many units have been upgraded and some have views. Private and lush garden setting....Bella Vista Gardens is a stately 1920’s 5-unit apartment building and a single family home perched on a gentle slope next to Ivy Hill, just over 1 mile east of Lake Merritt in Oakland CA. The wood-framed stucco 5-plex has two 2-bedroom 1-bath units and three 1-bedroom 1-bath units and a non-conforming studio. The brown shingle home has 3 bedrooms and 2 bathrooms on an adjacent lot with the potential for development. Many units have been upgraded and some have views. Private and lush garden setting. The property has a 2-car garage at the base of the single family home which is surrounded by lush gardens and mature fruit trees. Residents benefit from easy access to the I-580, bay views, remodeled units, and plenty of open space. A new owner has the opportunity to split the lots by adding a sewer line and develop the site by adding square footage or a possible ADU. There is approximately up-side in the rents.
  1. Listed by Nicholas Myerhoff • DRE #01866318 • NICHOLAS MYERHOFF, BROKER

Property Details for 1364 East 27th Street

City
OAKLAND
Dist Neighborhood Subdiv
IVY HILL
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Detached Garage
Total # Parking Spaces
2

Location

Listing Courtesy of NICHOLAS MYERHOFF, BROKER, Nicholas Myerhoff, DRE #01866318

Sold By MARCUS & MILLICHAP, Louis Kwok, DRE #01980615

Add your commute
LISTING UPDATED: 07/12/2021 11:11 AM

Property Details for 1364 East 27th Street

StatusSold
MLS #40944533
Days on Compass28
Taxes$26,406 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1922
Lot Size0.22 AC / 9,794 SF
CountyAlameda County

Location

Listing Courtesy of NICHOLAS MYERHOFF, BROKER, Nicholas Myerhoff, DRE #01866318

Sold By MARCUS & MILLICHAP, Louis Kwok, DRE #01980615

Add your commute

Building Information for 1364 East 27th Street

Stories-Residences6Year Built1922Building Size-Lot Size0.22 AC / 9,794 SF

Payment Calculator

$11,069 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,868

Property Taxes

$2,201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1364 East 27th Street

Features
Feature Details
  • Flooring: Hardwood Floors
Room Details
  • Additional Rooms: Basement - Apartment
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: Backyard, Garden, Partial Fence
  • Lot Sq Ft Apx: 9794
  • Lot Size Square Feet: 9794.0
  • Roof: Unknown
  • Sq Ft Apx: 4532
  • Year Built: 1922
  • Zoning: RM-1
Location Details
  • Directions to Property: E 14th to E 27th then left
  • FIPS Code: 06001
  • Census Tract: 99
  • Parcel Number: 2235648, 2235649
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Dishwasher, Refrigerator, Updated Baths, Updated Kitchen
  • Some Units Have: Oven Range Free Standing, Refrigerator
  • Units Total: 6
  • Basement: Apt In Basement
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 2
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
Unit 2
  • Unit 2 # Units This Type?: 3
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 # of Bedrooms: 3
  • Unit # 3 # of Bathrooms: 2
  • Unit # 3 Approx SqFt: 1280
Building Details
  • Additional Features-Misc: Garden
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Rental/Lease Agreement
  • On Site Parking Description: Detached Garage
  • Tot Ann Oper Exp: 39349.0
  • Total Deposits: 133080
Income / Expense Details
  • Annual Exp Year: 39349
  • Annual Gross Sched Income: $0
  • Annual Insurance Expense: $3,065
  • Annual License Expense: $2,217
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $133,080
  • Annual Taxes: $26,406
  • Annual Util Expense: $7,661
  • Annual Vacancy: 6654.0
  • Gross Income: $126,464
  • Gross Operating Actual Income: $0
  • Gross Rent Multiplier: 12
  • Net Operating Income: $87,077
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 5.46
  • Existing Loan: Assumable Clear
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1364 East 27th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1364 East 27th Street

Taxable ValueLand$306,000Additions$659,940Total$965,940
Tax Record2023$17,854 ($1,488 / month)
Home Facts
Total Finished SqFt3,252 SqFtAbove Grade Finished SqFt3,252 SqFtStories3Lot Size4,490 SqFtStyleMulti-Family Res (5+ Units)Year Built1922CountyALAMEDAAPN22-356-48

Schools near 1364 East 27th 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 - 6 to 12
Rating
School
Distance
Bella Vista Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
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 NICHOLAS MYERHOFF, BROKER, Nicholas Myerhoff, DRE #01866318

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.