1812 27th Avenue
1812 27th Avenue
$825,000
5
3
2,170
2,170
$380
Sold 10/17/23
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.
- Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc
Property Details for 1812 27th Avenue
City
OAKLAND
Building TypeTRIPLEX
Property Sub TypeTRIPLEX
Garage/ParkingDetached Garage, Garage
Park Spaces Total20
Total # Parking Spaces1
Location
LISTING UPDATED: 10/17/2023 02:12 PM
Property Details for 1812 27th Avenue
Status | Sold |
---|---|
MLS # | 41029211 |
Days on Compass | 90 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / TRIPLEX |
Year Built | 1900 |
Lot Size | 0.23 AC / 10,017 SF |
County | Alameda County |
Location
Building Information for 1812 27th Avenue
Stories-Residences3Year Built1900Building Size-Lot Size0.23 AC / 10,017 SF
Payment Calculator
$5,605 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1812 27th Avenue
Property History for 1812 27th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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