2345 Park Boulevard

Oakland, CA 94606

$1,790,000
Price
Beds
5,532 Sq. Ft.
$324 / Sq. Ft.
5,532
Sq. Ft.
$324
per Sq. Ft.

Description

Explore 2345 Park Blvd: A unique 8-unit mixed-use property near the coveted Lake Merritt area. This charming building offers 6 residential units and a vibrant corner retail space with 2 units bordering the Montclair Avenue intersection. Located just minutes away from the picturesque Lake Merritt and BART, residents will enjoy a vibrant neighborhood with a wealth of nearby amenities under a well deserved walking score of 86. The convenience of the Tempo AC transit line provides easy access to BART...Explore 2345 Park Blvd: A unique 8-unit mixed-use property near the coveted Lake Merritt area. This charming building offers 6 residential units and a vibrant corner retail space with 2 units bordering the Montclair Avenue intersection. Located just minutes away from the picturesque Lake Merritt and BART, residents will enjoy a vibrant neighborhood with a wealth of nearby amenities under a well deserved walking score of 86. The convenience of the Tempo AC transit line provides easy access to BART and downtown Oakland. Ideal for investors seeking a promising opportunity with immense upside under market rents, 2345 Park Blvd presents a compelling blend of location, versatility, and potential. More Photos Coming Soon!
  1. Listed by Hamed Hakimi • DRE #02144092 • Bloom Real Estate Group

Property Details for 2345 Park Boulevard

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Attached Garage, Other
Total # Parking Spaces
8

Location

Listing Courtesy of Bloom Real Estate Group, Hamed Hakimi, DRE #02144092
Add your commute
LISTING UPDATED: 03/15/2024 01:19 AM

Property Details for 2345 Park Boulevard

StatusActive
MLS #41052251
Days on Compass54
Taxes$23,494 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1930
Lot Size0.13 AC / 5,445 SF
CountyAlameda County

Location

Listing Courtesy of Bloom Real Estate Group, Hamed Hakimi, DRE #02144092
Add your commute

Building Information for 2345 Park Boulevard

Stories-Residences8Year Built1930Building Size-Lot Size0.13 AC / 5,445 SF

Payment Calculator

$11,727 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,769

Property Taxes

$1,958

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2345 Park Boulevard

Features
Feature Details
  • Flooring: Concrete Slab, Linoleum, Tile
Utility Details
  • Cooling: Central 1 Zone A/C
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public, Meter on Site, Sewer Connected
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Water Heater Gas, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Concrete, Masonite, Wood
  • Lot Description: Other, Front Yard, Landscape Back
  • Lot Sq Ft Apx: 5445
  • Lot Size Square Feet: 5445.0
  • Roof: Tile, Flat
  • Sq Ft Apx: 5532
  • Year Built: 1930
Location Details
  • Directions to Property: Park Blvd & Montclair Ave
  • FIPS Code: 06001
  • Census Tract: 4052
  • Parcel Number: 22-314-12-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 8
  • Basement: None
  • Tenant Pays: Cable TV, Electric, Gas, Trash, Water
  • Financial Data Source: Estimated
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Attached Garage, Carports - 2 Or More, Covered Parking, Other
Income / Expense Details
  • Annual Insurance Expense: $14,928
  • Annual Mgmt Expense: $12,000
  • Annual Rent Income: $134,409
  • Annual Taxes: $23,494
  • Net Operating Income: $72,537
Other Financial Information
  • Existing Loan: ARM
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2345 Park Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2345 Park Boulevard

Taxable ValueLand$562,431Additions$804,228Total$1,366,659
Tax Record2023$22,052 ($1,838 / month)
Home Facts
Total Finished SqFt5,532 SqFtAbove Grade Finished SqFt5,532 SqFtStories2Lot Size5,445 SqFtStyleOffice BuildingYear Built1930CountyALAMEDAAPN22-314-12-1

Schools near 2345 Park Boulevard

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
Charter - 6 to 12
Rating
School
Distance
Cleveland Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
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

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Similar Sold Homes

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2345 Park Boulevard is a multi-family home for sale in Oakland, CA 94606. This property was listed for sale on March 8, 2024 by Bloom Real Estate Group, it's currently listed at $1,790,000. It has been on the market for a total of 54 days and was last sold on January 19, 2022. This listing's school district is Oakland Unified School District. Nearby schools include Cleveland Elementary School, Edna Brewer Middle School and Oakland High School. 2345 Park Boulevard is a 0-bed, 0-bath, 5,532 sqft multi-family home built in 1930.

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 Bloom Real Estate Group, Hamed Hakimi, DRE #02144092

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.