2382 Grande Vista Place

Oakland, CA 94601

$2,300,000
Last Sold Price
Beds
5,474 Sq. Ft.
$420 / Sq. Ft.
5,474
Sq. Ft.
$420
per Sq. Ft.

Description

The Ben Weil Team is excited to bring you this wonderful investment opportunity that is priced to sell in this highly sought after area of Oakland. The Building has a 12.1% immediate return and is in turn-key condition with extensive remodels throughout. ? 2382 & 2390 Grande Vista Place is located on a quiet cul-de-sac and consist of two four unit buildings on two separate lots nearly 10k/sf each. Although they are separate buildings the property is being sold as one 8 unit secured apartment complex...The Ben Weil Team is excited to bring you this wonderful investment opportunity that is priced to sell in this highly sought after area of Oakland. The Building has a 12.1% immediate return and is in turn-key condition with extensive remodels throughout. ? 2382 & 2390 Grande Vista Place is located on a quiet cul-de-sac and consist of two four unit buildings on two separate lots nearly 10k/sf each. Although they are separate buildings the property is being sold as one 8 unit secured apartment complex with an added bonus of being able to receive residential financing! Potential to add 2 additional units per lot (Zoned for RM-3)

Listing Agent

  1. Ben Weil

    Ben Weil

    Listing Agent

    Compass

    DRE #01816078

    ben.weil@compass.com

    P: 415.874.5019

Property Details for 2382 Grande Vista Place

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Other
View
None
Total # Parking Spaces
8

Location

Listing Courtesy of COMPASS, Ben Weil, DRE #01816078

Sold By Mira Vista Properties, Chad Shepard, DRE #01349706

Add your commute
LISTING UPDATED: 07/14/2021 02:20 PM

Property Details for 2382 Grande Vista Place

StatusSold
MLS #40928627
Days on Compass118
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1952
Lot Size0.43 AC / 18,540 SF
CountyAlameda County

Location

Listing Courtesy of COMPASS, Ben Weil, DRE #01816078

Sold By Mira Vista Properties, Chad Shepard, DRE #01349706

Add your commute

Building Information for 2382 Grande Vista Place

Stories-Residences8Year Built1952Building Size-Lot Size0.43 AC / 18,540 SF

Payment Calculator

$14,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$1,820

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2382 Grande Vista Place

Features
Feature Details
  • Flooring: Hardwood Floors, Tile
  • Laundry: Coin Operated, Common Room
  • Disability Features: Other
Utility Details
  • Cooling: Other
  • Heating: Forced Air 1 Zone, Other Heat
  • Water/Sewer: Other
  • Energy Saving Feature: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Playground, Other
Property Details
  • Additional Equipment: Other, Secured Access, Security Fence
  • City Transfer Tax: Yes
  • Exterior: Siding - Stucco
  • Lot Description: Cul-De-Sac, Paved, Security Gate, See Remarks
  • Lot Sq Ft Apx: 18540
  • Lot Size Square Feet: 18540.0
  • Roof: Other
  • Sq Ft Apx: 5474
  • Year Built: 1952
Location Details
  • Directions to Property: south of 23rd ave
  • FIPS Code: 06001
  • Census Tract: no
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Other
  • Some Units Have: Other
  • Units Total: 8
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas, Other
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Utilities, Other
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Extra Storage, Play Area, Security Building, Other
  • Apx Lot Acres: 0
  • Inspection Reports Available: Pest, Other
  • On Site Parking Description: Carports - 2 Or More, Other
  • Tot Ann Oper Exp: 57368.0
  • Total Deposits: 0
  • Units - Other: Other
Income / Expense Details
  • Annual Exp Year: 0
  • Annual Gross Sched Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $1,800
  • Annual Rent Income: $184,320
  • Annual Taxes: $0
  • Annual Util Expense: $0
  • Annual Vacancy: 0.0
  • Gross Income: $0
  • Gross Operating Actual Income: $184,277
  • Gross Rent Multiplier: 13.1
  • Net Operating Income: $126,908
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 5.24
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2382 Grande Vista Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2382 Grande Vista Place

Taxable ValueLand$394,831Additions$921,274Total$1,316,105
Tax Record2023$21,843 ($1,820 / month)
Home Facts
Total Finished SqFt3,124 SqFtAbove Grade Finished SqFt3,124 SqFtStories1Lot Size9,265 SqFtStyleQuadraplexYear Built1952CountyALAMEDAAPN26-798-37

Schools near 2382 Grande Vista Place

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 - 9 to 12
Rating
School
Distance
Manzanita Community
PublicK to 5

Manzanita Seed
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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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 COMPASS, Ben Weil, DRE #01816078

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.