1435 22nd Avenue

Oakland, CA 94606

$939,000
Price
Beds
3,538 Sq. Ft.
$265 / Sq. Ft.
3,538
Sq. Ft.
$265
per Sq. Ft.

Description

Introducing a versatile 5-unit residential building that will be a great investment opportunity. The potential for steady rental income from the units, combined with the ever-growing demand for housing in the bay area, will ensures a promising return on investment. All tenants have been good tenant thru the Covid pandemic.Introducing a versatile 5-unit residential building that will be a great investment opportunity. The potential for steady rental income from the units, combined with the ever-growing demand for housing in the bay area, will ensures a promising return on investment. All tenants have been good tenant thru the Covid pandemic.

Property Details for 1435 22nd Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Off-Site Parking
Total # Parking Spaces
5

Location

Listing Courtesy of Michael James Real Estate, Denise MaNguyen, DRE #01372628
Add your commute
LISTING UPDATED: 12/05/2023 12:28 PM

Property Details for 1435 22nd Avenue

StatusActive
MLS #41044329
Days on Compass167
Taxes$10,668 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1940
Lot Size0.07 AC / 3,250 SF
CountyAlameda County

Location

Listing Courtesy of Michael James Real Estate, Denise MaNguyen, DRE #01372628
Add your commute

Building Information for 1435 22nd Avenue

Stories-Residences5Year Built1940Building Size-Lot Size0.07 AC / 3,250 SF

Payment Calculator

$6,014 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,125

Property Taxes

$889

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1435 22nd Avenue

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: None
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Corner, Level
  • Lot Sq Ft Apx: 3250
  • Lot Size Square Feet: 3250.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3538
  • Year Built: 1940
Location Details
  • Directions to Property: International to 22nd Ave
  • FIPS Code: 06001
  • Census Tract: 4059.01
  • Parcel Number: 20-150-9
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 5
  • Basement: Other
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Limited Info, Owner
Income / Expense Details
  • Operating Expenses: Maintenance/Repair, Property Tax/Assessments, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Air Cond: No
  • Unit # 1 Fireplace: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 3
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Rent: 1626
Unit 2
  • Unit 2 # Units This Type?: Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Air Cond: No
  • Unit # 2 Fireplace: No
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Rent: 1500.00
Unit 3
  • Unit 3 # Units This Type?: Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Dining Room: No
  • Unit # 3 Air Cond: No
  • Unit # 3 Fireplace: No
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Rent: 1850
Unit 4
  • Unit 4 # Units This Type?: Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Dining Room: No
  • Unit # 4 Air Cond: No
  • Unit # 4 Fireplace: No
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Rent: 1600
Unit 5
  • Unit 5 # Units This Type?: Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Dining Room: No
  • Unit # 5 Air Cond: No
  • Unit # 5 Fireplace: No
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 1
  • Unit # 5 Rent: 1323
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • Inspection Reports Available: Preliminary Title Report, Transfer Disclosr Statmnt
  • On Site Parking Description: Off Site Parking
  • Tot Ann Oper Exp: 27168.0
Income / Expense Details
  • Annual Exp Year: 21613
  • Annual Insurance Expense: $3,600
  • Annual License Expense: $1,300
  • Annual Mgmt Expense: $0
  • Annual Rent Income: $94,788
  • Annual Taxes: $10,668
  • Annual Util Expense: $9,600
  • Gross Income: $94,788
  • Other Annual Expense: $2,000
Other Financial Information
  • Cap Rate: 8
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1435 22nd 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 1435 22nd Avenue

Taxable ValueLand$58,618Additions$389,047Total$447,665
Tax Record2023$10,669 ($889 / month)
Home Facts
Total Finished SqFt3,538 SqFtAbove Grade Finished SqFt3,538 SqFtStories3Lot Size3,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountyALAMEDAAPN20-150-9

Schools near 1435 22nd Avenue

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
Garfield Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Oakland High School
Public9 to 12

Francophone Charter School Of Oakland
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.

Similar Homes

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1435 22nd Avenue is a multi-family home for sale in Oakland, CA 94606. This property was listed for sale on November 13, 2023 by Compass, it's currently listed at $939,000. This listing's school district is Oakland Unified School District. Nearby schools include Garfield Elementary School, Roosevelt Middle School and Oakland High School. 1435 22nd Avenue is a 0-bed, 0-bath, 3,538 sqft multi-family home built in 1940.

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 Michael James Real Estate, Denise MaNguyen, DRE #01372628

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.