1507 48th Avenue

Oakland, CA 94601

$1,200,000
Price
9
Beds
4
Baths
2,308 Sq. Ft.
$520 / Sq. Ft.
2,308
Sq. Ft.
$520
per Sq. Ft.

Description

Motivated seller... Bring offer ! Don't miss out on this rare opportunity to purchase and invest in this Triplex, which is 1/2 of A 6-dwelling, 2-parcel compound (Same owner owns both parcels). This Tri-plex consists of a Duplex and a SF cottage. Nicely remodeled and well kept. 2 units has 3 bd, 1 bth and 1 unit has 3bd 2 bths. All units has Solar and many other upgrades. This parcel of property has the capability to add an additional 4th unit (Garage to ADU) conversion, per City of Oakland zoning....Motivated seller... Bring offer ! Don't miss out on this rare opportunity to purchase and invest in this Triplex, which is 1/2 of A 6-dwelling, 2-parcel compound (Same owner owns both parcels). This Tri-plex consists of a Duplex and a SF cottage. Nicely remodeled and well kept. 2 units has 3 bd, 1 bth and 1 unit has 3bd 2 bths. All units has Solar and many other upgrades. This parcel of property has the capability to add an additional 4th unit (Garage to ADU) conversion, per City of Oakland zoning. Also, the buyer of this Tri-plex will get the First Right of Refusal to purchase the adjacent "sister" parcel that has 3-dwelling (5 units), when owner decides to sell also. "The other 1/2", Adjacent property (which is a separate parcel & will be sold separately), has 2 duplexes and 1 SF cottage. The Entire property (both parcels) is zoned for a possible 34 units, per City of Oakland, And spans across an entire block, with entrances on both 48th and 47th Avenues... A must see !
  1. Listed by Olando Graves • DRE #01807785 • BHG RE Reliance Partners

Property Details for 1507 48th Avenue

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage/Parking
Detached Garage, Guest / Visitor Parking, Parking Area
Park Spaces Total
8

Location

Listing Courtesy of BHG RE Reliance Partners, Olando Graves, DRE #01807785
Add your commute
LISTING UPDATED: 12/04/2023 12:17 AM

Property Details for 1507 48th Avenue

StatusActive
MLS #41040053
Days on Compass80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1900
Lot Size0.17 AC / 7,300 SF
CountyAlameda County

Location

Listing Courtesy of BHG RE Reliance Partners, Olando Graves, DRE #01807785
Add your commute

Building Information for 1507 48th Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.17 AC / 7,300 SF

Payment Calculator

$8,081 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,532

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1507 48th Avenue

Features
Feature Details
  • Flooring: Laminate
  • Laundry: Other
  • Disability Features: Accessible Full Bath
Utility Details
  • Cooling: Ceiling Fan(s), Window/Wall Unit(s)
  • Heating: Electric
  • Water/Sewer: Sewer System - Public, Sump Pump, Water - Public, Holding Tank, Meter on Site
  • Solar: Other, Solar Electrical Leased, Solar Water Heater Leased
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other, Playground, Sauna / Spa / Hot Tub
Property Details
  • Additional Equipment: Water Heater Electric, Water Heater Gas, Water Heater Solar, Other
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Level, Up Slope, Front Yard, Garden, Paved, Private, Security Gate
  • Lot Sq Ft Apx: 7300
  • Lot Size Square Feet: 7300.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2308
  • Yard Description: Fenced, Front Yard, Garden/Play, Side Yard, Other, Back Yard Fence, Entry Gate, Fenced Front Yard, Full Fence, Garden, Low Maintenance, Perimeter Fencing, Private, Yard Space
  • Year Built: 1900
  • Acres: 0.17
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: International Blvd. to 48th Ave.
  • FIPS Code: 06001
  • Parcel Number: 35-2360-8
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Other
  • Other Units: Detached Cottage(s)
  • Units Total: 3
  • Basement: None
  • Parking Description: Detached Garage, Guest Parking, Parking Area, 4-7 Cars
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Other
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 1507 lower
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Apx Sq Ft 1: 750
  • Rent 1: 3050
Unit 2 Details
  • Unit #/Address - 2: 1507 upper
  • Occupied By 2: Tenant
  • Bedrooms 2: 3
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 750
  • Rent 2: 1950
Unit 3 Details
  • Unit #/Address - 3: 1507 rear
  • Occupied By 3: Tenant
  • Bedrooms 3: 3
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 800
  • Rent 3: 2450
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Extra Storage, Garden, Play Area, Sauna/Spa/HotTub, Other, Storage Area(s), Jetted Tub, Shower Stall(s), Tub w/Shower Over
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 1507 48th 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 1507 48th Avenue

Taxable ValueLand$59,952Additions$140,044Total$199,996
Tax Record2023$18,382 ($1,532 / month)
Home Facts
Total Finished SqFt2,308 SqFtAbove Grade Finished SqFt2,308 SqFtStories2Lot Size7,300 SqFtStyleTriplexYear Built1900CountyALAMEDAAPN35-2360-8

Schools near 1507 48th Avenue

This home is within Oakland Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
RatingSchoolDistance
Bridges Academy
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1507 48th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on September 23, 2023 by BHG RE Reliance Partners, it's currently listed at $1,200,000. It has been on the market for a total of 80 days and was last sold on March 30, 2004. This listing's school district is Oakland Unified School District. Nearby schools include Bridges Academy, Urban Promise Academy and United For Success Academy. 1507 48th Avenue is a 9-bed, 4-bath, 2,308 sqft multi-family home built in 1900.

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 BHG RE Reliance Partners, Olando Graves, DRE #01807785

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.