2307 Harrison Street

Oakland, CA 94612

$1,150,000
Price
6
Beds
3
Baths
3,168 Sq. Ft.
$363 / Sq. Ft.
3,168
Sq. Ft.
$363
per Sq. Ft.

Description

6.14% Cap Rate! The property is a well-maintained duplex located in Downtown Oakland just steps from Lake Merritt. The property consists of two (2) large 1,500+ square foot 3 bedroom 1.5 bathroom units, and three off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property is fully occupied by market-rate tenants delivering excellent day-one cash flow. This highly sought-after location will continue to attract...6.14% Cap Rate! The property is a well-maintained duplex located in Downtown Oakland just steps from Lake Merritt. The property consists of two (2) large 1,500+ square foot 3 bedroom 1.5 bathroom units, and three off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property is fully occupied by market-rate tenants delivering excellent day-one cash flow. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from 19th Street BART with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!
  1. Listed by Timothy Warren • DRE #02008347 • NAI Northern California

Property Details for 2307 Harrison Street

City
OAKLAND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage/Parking
Spaces per Unit - 1
Park Spaces Total
3

Location

Listing Courtesy of NAI Northern California, Timothy Warren, DRE #02008347
Add your commute
LISTING UPDATED: 06/14/2024 02:43 PM

Property Details for 2307 Harrison Street

StatusPrice Change
MLS #41060906
Days on Compass25
Taxes$17,213 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1908
Lot Size0.09 AC / 3,788 SF
CountyAlameda County

Location

Listing Courtesy of NAI Northern California, Timothy Warren, DRE #02008347
Add your commute

Building Information for 2307 Harrison Street

Stories-Residences2Year Built1908Building Size-Lot Size0.09 AC / 3,788 SF

Payment Calculator

$7,710 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2307 Harrison Street

Features
Feature Details
  • Flooring: Hardwood Flrs Throughout
Room Details
  • Additional Rooms: Basement - Partial
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Water Heater Gas, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Composition Shingles
  • Lot Description: Regular
  • Lot Sq Ft Apx: 3788
  • Lot Size Square Feet: 3788.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3168
  • Yard Description: No Yard
  • Year Built: 1908
  • Acres: 0.09
Location Details
  • Directions to Property: Harrison and 23rd St
  • FIPS Code: 06001
  • Parcel Number: 8-670-8
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 2
  • Basement: Partial
  • Parking Description: Space Per Unit - 1
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Taxes $: $17,213
  • Annual Gross Fee Income: $96,030
  • Annual Gross Sched Income: $96,030
  • Annual Rental Income: $96,030
  • Net Operating Income: $69,160
  • Annual Insurance Expense: $3,307
  • Annual License Expense: $1,339
  • Annual Maintance Expense: $2,000
  • Annual Total Oper Expense: $26,870
  • Other Annual Expense: $202
Unit 1 Details
  • Unit #/Address - 1: 2307
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 1.5
  • Apx Sq Ft 1: 1584
  • Rent 1: 4125
Unit 2 Details
  • Unit #/Address - 2: 2311
  • Occupied By 2: Tenant
  • Bedrooms 2: 3
  • Bathrooms 2: 1.5
  • Apx Sq Ft 2: 1584
  • Rent 2: 4125
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Extra Storage
Additional Information
Additional Information
  • Fireplace: No

Property History for 2307 Harrison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2307 Harrison Street

Taxable ValueLand$282,047Additions$658,111Total$940,158
Tax Record2023$15,967 ($1,331 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories2Lot Size3,788 SqFtStyleDuplexYear Built1908CountyALAMEDAAPN8-670-8

Schools near 2307 Harrison Street

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
Public - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Street Academy (Alternative)
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.

2307 Harrison Street is a multi-family home for sale in Oakland, CA 94612. This property was listed for sale on May 24, 2024 by NAI Northern California, it's currently listed at $1,150,000. It has been on the market for a total of 25 days and was last sold on December 30, 2003. This listing's school district is Oakland Unified School District. Nearby schools include Lincoln Elementary School, Westlake Middle School and Oakland Technical High School. 2307 Harrison Street is a 6-bed, 3-bath, 3,168 sqft multi-family home built in 1908.

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 NAI Northern California, Timothy Warren, DRE #02008347

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.