2946 East 29th Street

Oakland, CA 94601

$1,125,000
Last Sold Price
Beds
3,157 Sq. Ft.
$356 / Sq. Ft.
3,157
Sq. Ft.
$356
per Sq. Ft.

Description

House hackers and Investors dream! stunning Triplex located at 2944 E 29th - 2946 E 29th Street. 1 vacant, remodeled 3 bedroom unit and 2 occupied, updated 3 bedroom units, both at market rate rent with stable, reliable tenants. Over $6k in current income with possibility of over $9k total income for an investor once you rent the third unit. This remarkable triplex has a wonderful 3 car garage and on site laundry. The meticulously designed floor plans of each residence offer spacious interiors and...House hackers and Investors dream! stunning Triplex located at 2944 E 29th - 2946 E 29th Street. 1 vacant, remodeled 3 bedroom unit and 2 occupied, updated 3 bedroom units, both at market rate rent with stable, reliable tenants. Over $6k in current income with possibility of over $9k total income for an investor once you rent the third unit. This remarkable triplex has a wonderful 3 car garage and on site laundry. The meticulously designed floor plans of each residence offer spacious interiors and thoughtfully crafted details, guaranteeing comfort and style. Whether you envision a multi-generational living arrangement or seek to create an enviable investment portfolio, this property caters to your every need. Each unit features a modern kitchen and ample living spaces. Conveniently located within close proximity to sought-after amenities such as shopping centers, parks, and dining options, these properties ensure a coveted lifestyle in the heart of Oakland.
  1. Listed by Nneka Jenkins • DRE #01989776 • Real Estate Experts • 408-391-7083

Property Details for 2946 East 29th Street

MLS City Name
OAKLAND
Building Type
TRIPLEX
Garage Spaces
3
Parking Spaces
3
Cross Street
E 29th St

Location

Listing Courtesy of Real Estate Experts, Nneka Jenkins, DRE #01989776

Sold By Legacy Real Estate & Assoc., Paul Kim, DRE #01851957

Add your commute
LISTING UPDATED: 08/25/2023 09:52 AM

Property Details for 2946 East 29th Street

StatusSold
MLS #ML81929041
Days on Compass74
Taxes$16,422 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1960
Lot Size0.11 AC / 4,800 SF
CountyAlameda County

Location

Listing Courtesy of Real Estate Experts, Nneka Jenkins, DRE #01989776

Sold By Legacy Real Estate & Assoc., Paul Kim, DRE #01851957

Add your commute

Building Information for 2946 East 29th Street

Stories1Residences3Year Built1960Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$7,508 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$1,369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2946 East 29th Street

Features
Room Information
  • Kitchen: Oven Range - Gas
Features
  • Amenities: Skylight
  • Fireplace: No
  • Living SqFt: 3157
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Other
  • Heating: Forced Air
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Off-Street Parking, Workshop in Garage, Other
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Roof: Other
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 2946
  • Street Name: 29th
  • Street Direction Prefix: East
  • Street Suffix: Street
  • Area ID: 2601
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 3157
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Zoning Detail: RM-2
Location Information
  • Parcel Number: 027-0852-009-02
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94601
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Concrete Block, Concrete Slab
  • Horse Property: No
  • Lot Acres: .11
  • Lot Description: Grade - Gently Sloped
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio
Multi Family Information
General Information
  • Annual Tax Amount: $16,422
  • Building Unit Total: 3
  • Capitalization Rate: 3.61
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,857
  • Expense Landscape: $400
  • Expense Maintenance: $400
  • Expense Management: $0
  • Expense Trash: $2,647
  • Expenses Other: $1,584
  • Expenses Utility: $1,428
  • Expenses Total: $26,738
  • Operating Expenses Include: Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 16.86
  • Income Annual Gross: $68,160
  • Income Annual Rental: $68,160
  • Income Gross Scheduled: $68,160
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,630
Unit 2 Information
  • Unit 2 Approx Square Footage: 1067
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,300
Unit 3 Information
  • Unit 3 Approx Square Footage: 1046
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,150
Unit Type 1
  • Unit Type1 Approx SqFt: 1178

Property History for 2946 East 29th 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 2946 East 29th Street

Taxable ValueLand$305,574Additions$713,006Total$1,018,580
Tax Record2023$16,969 ($1,414 / month)
Home Facts
Total Finished SqFt3,157 SqFtAbove Grade Finished SqFt3,157 SqFtStories1Lot Size4,800 SqFtStyleTriplexYear Built1960CountyALAMEDAAPN27-852-9-2

Schools near 2946 East 29th Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Rating
School
Distance
Manzanita Seed
PublicK to 5

Manzanita Community
PublicK to 5

Bret Harte Middle School
Public6 to 9

Skyline 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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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 Real Estate Experts, Nneka Jenkins, DRE #01989776

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.