1825 28th Avenue
1825 28th Avenue
$850,000
—
5,112
5,112
$166
Sold 10/19/23
Description
This 6-unit property presents an exciting investment opportunity for developers seeking to maximize their returns. Not only does it offer the potential to add seven more units, but it also allows you to benefit from the existing cash flow. The property consists of (6) 2-bedroom, 1-bathroom units, all of which are occupied by long-term tenants. The property's location in the "OPPORTUNITY ZONE" further adds to its appeal, as it is zoned for a total of thirteen units, and preliminary design review documents...This 6-unit property presents an exciting investment opportunity for developers seeking to maximize their returns. Not only does it offer the potential to add seven more units, but it also allows you to benefit from the existing cash flow. The property consists of (6) 2-bedroom, 1-bathroom units, all of which are occupied by long-term tenants. The property's location in the "OPPORTUNITY ZONE" further adds to its appeal, as it is zoned for a total of thirteen units, and preliminary design review documents have already been submitted to the City of Oakland. Its highly accessible position near transit, BART, and freeways enhances the investment potential of this project. Moreover, investors interested in taking advantage of tax breaks for properties within the Oakland Opportunity Zone will find this property particularly attractive. Positioned in the upper Fruitvale area, it is conveniently less than 1 mile away from BART, offering transportation options like the nearby Fruitvale Station (0.9 miles away) and Oakland International (6.9 miles away). Notably, the property is separately metered for electricity and gas, while the owner covers the cost of water and garbage.
- Listed by Jatin Mehta • DRE #02045713 • Pellego
Property Details for 1825 28th Avenue
City
OAKLAND
Dist Neighborhood SubdivFRUITVALE
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingOff-Site Parking
Park Spaces Total18
Total # Parking Spaces18
Location
LISTING UPDATED: 10/19/2023 02:43 PM
Property Details for 1825 28th Avenue
Status | Sold |
---|---|
MLS # | 41035498 |
Days on Compass | 57 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1957 |
Lot Size | 0.33 AC / 14,300 SF |
County | Alameda County |
Location
Building Information for 1825 28th Avenue
Stories-Residences6Year Built1957Building Size-Lot Size0.33 AC / 14,300 SF
Payment Calculator
$6,329 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1825 28th Avenue
Property History for 1825 28th Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1825 28th Avenue
Taxable ValueLand$643,314Additions$427,589Total$1,070,903
Tax Record2023$20,282 ($1,690 / month)
Home Facts
Total Finished SqFt5,112 SqFtAbove Grade Finished SqFt5,112 SqFtStories2Lot Size14,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyALAMEDAAPN25-733-10
Schools near 1825 28th 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
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.