1812 27th Avenue

Oakland, CA 94601

$825,000
Last Sold Price
5
Beds
3
Baths
2,170 Sq. Ft.
$380 / Sq. Ft.
2,170
Sq. Ft.
$380
per Sq. Ft.

Description

Remodeled 3-unit apartment complex with development potential up to 11 units. The current unit mix consists of two 2bd/1bth units and one 1bd/1bth unit with excellent rental upside. The front top-level 2bd/1bth unit will be delivered vacant at close of escrow and is perfect for an owner-occupant or investor seeking high market rent. The property was built in 1900, offers approximately 2,170 square feet of living space, and sits on an extra-large 10,017 square foot lot. The zoning allows for a total...Remodeled 3-unit apartment complex with development potential up to 11 units. The current unit mix consists of two 2bd/1bth units and one 1bd/1bth unit with excellent rental upside. The front top-level 2bd/1bth unit will be delivered vacant at close of escrow and is perfect for an owner-occupant or investor seeking high market rent. The property was built in 1900, offers approximately 2,170 square feet of living space, and sits on an extra-large 10,017 square foot lot. The zoning allows for a total of 11 units (9 units and two ADUs). The highest and best use will likely be to add four units in the garage and an additional 4 units in backyard and keep the current three units. The owner recently spent approximately $300,000 to fully remodel and prime the property for development. The two remodeled units are gorgeous with all new kitchens, bathrooms, electrical, hardwood floors, custom tile, custom lighting, stainless steel appliances, in-unit washer/dryers, and more. The property is easy to manage and separately metered for PG&E with low annual operating expenses. This is an ideal opportunity for an investor, developer, or owner-occupant who is seeking a rare development opportunity with strong cash flow potential.
  1. Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc

Property Details for 1812 27th Avenue

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage/Parking
Detached Garage, Garage
Park Spaces Total
20
Total # Parking Spaces
1

Location

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Sold By Real Estate Ebroker Inc, Son Luu, DRE #01711002

Add your commute
LISTING UPDATED: 10/17/2023 02:12 PM

Property Details for 1812 27th Avenue

StatusSold
MLS #41029211
Days on Compass90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1900
Lot Size0.23 AC / 10,017 SF
CountyAlameda County

Location

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Sold By Real Estate Ebroker Inc, Son Luu, DRE #01711002

Add your commute

Building Information for 1812 27th Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.23 AC / 10,017 SF

Payment Calculator

$5,605 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$1,103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1812 27th Avenue

Features
Feature Details
  • Flooring: Other
  • Laundry: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 10017
  • Lot Size Square Feet: 10017.0
  • Roof: Composition
  • Sq Ft Apx: 2170
  • Yard Description: Back Yard, Storage, Other, Entry Gate, Full Fence, Garden, See Remarks
  • Year Built: 1900
  • Acres: 0.23
Location Details
  • Directions to Property: Foothill left on 27th Ave
  • FIPS Code: 06001
  • Parcel Number: 25-733-16
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 3
  • Basement: Other
  • Parking Description: Detached Garage, Garage Parking
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Other
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 800
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 685
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Vacant
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 685
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 1812 27th 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 1812 27th Avenue

Taxable ValueLand$216,015Additions$504,036Total$720,051
Tax Record2023$13,231 ($1,103 / month)
Home Facts
Total Finished SqFt2,166 SqFtAbove Grade Finished SqFt2,166 SqFtStories2Lot Size10,017 SqFtStyleTriplexYear Built1900CountyALAMEDAAPN25-733-16

Schools near 1812 27th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Think College Now School
PublicK to 5

International Community School
PublicK to 5

United For Success Academy
Public6 to 8

Urban Promise Academy
Public6 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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Similar Sold Homes

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Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

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.