3231 Telegraph Avenue

Oakland, CA 94609

$1,820,000
Price
Beds
5,392 Sq. Ft.
$338 / Sq. Ft.
5,392
Sq. Ft.
$338
per Sq. Ft.

Description

Unique 6 Unit Commercial & Residential located at 3231 Telegraph Ave is a 5,392 square foot multi-family home on a 4,000 square foot lot with 7 bedrooms and 6 bathrooms. Very low vacancy factor with long term tenants are occupying. The property is very close to Freeway 80, 580, 24 and 13. CC-2 Zone is for residential and office tenants can occupy.Unique 6 Unit Commercial & Residential located at 3231 Telegraph Ave is a 5,392 square foot multi-family home on a 4,000 square foot lot with 7 bedrooms and 6 bathrooms. Very low vacancy factor with long term tenants are occupying. The property is very close to Freeway 80, 580, 24 and 13. CC-2 Zone is for residential and office tenants can occupy.
  1. Listed by Edward Kang • DRE #01092369 • Brokerage DRE #00595066 • Happy Real Estate Inc • 408-314-7823

Property Details for 3231 Telegraph Avenue

MLS City Name
OAKLAND
Building Type
Other
Complex Name
N/A
Style
Unknown
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Happy Real Estate Inc, Edward Kang, DRE #01092369
Add your commute
LISTING UPDATED: 03/21/2024 08:36 PM

Property Details for 3231 Telegraph Avenue

StatusActive
MLS #ML81958519
Days on Compass40
Taxes$20,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1906
Lot Size0.09 AC / 4,000 SF
CountyAlameda County

Location

Listing Courtesy of Happy Real Estate Inc, Edward Kang, DRE #01092369
Add your commute

Building Information for 3231 Telegraph Avenue

Stories-Residences-Year Built1906Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$11,599 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,932

Property Taxes

$1,667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3231 Telegraph Avenue

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Cooktop - Gas, Countertop - Other, Freezer, Hood Over Range, Hookups - Gas, Oven - Built-In, Oven Range, Refrigerator, Varies by Unit
Features
  • Amenities: Other
  • Fireplace: No
  • Flooring: Laminate
  • Laundry: Coin Operated
  • Living SqFt: 5392
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Masonry
  • Min Num Of Units in Complex: 6
  • Area Text: Oakland Zip Code 94609
  • Restrictions: Other
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 3231
  • Street Name: Telegraph
  • Street Suffix: Avenue
  • Area ID: 2609
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5392
  • Structure SqFt Source: Assessor
  • Age: 118
Development Information
  • Construction Type: Masonry, Wood, Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: CC-2
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 009-0716-002
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94609
  • Elementary School: 27221
  • Elementary School District: 1686
  • Middle School Text: Westlake Middle
  • High School District Text: Oakland Unified
  • High School Text: Oakland Technical High
Lot Information
  • Foundation: Reinforced Concrete
  • Lot Acres: .09
  • Lot Description: Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $20,000
  • Capitalization Rate: 4.20
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Other
  • Income Includes: Laundry
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $4,500
  • Expense Landscape: $1,000
  • Expense Maintenance: $16,000
  • Expense Management: $0
  • Expense Trash: $4,500
  • Expenses Other: $2,500
  • Expenses Utility: $5,200
  • Expenses Total: $53,700
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water, Other
  • Gross Rent Multiplier: 13.43
  • Income Annual Gross: $130,080
  • Income Annual Rental: $135,000
  • Income Gross Scheduled: $135,500
  • Income Other: $500
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 0
  • Unit 1 Rent: $1,480
Unit 2 Information
  • Unit 2 Approx Square Footage: 1310
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $2,719
Unit 3 Information
  • Unit 3 Approx Square Footage: 680
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,950
Unit 4 Information
  • Unit 4 Approx Square Footage: 1130
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,040
Unit Type 1
  • Unit Type1 Approx SqFt: 413

Property History for 3231 Telegraph Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3231 Telegraph Avenue

Taxable ValueLand$316,872Additions$741,052Total$1,057,924
Tax Record2023$21,004 ($1,750 / month)
Home Facts
Total Finished SqFt5,392 SqFtAbove Grade Finished SqFt5,392 SqFtStories3Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyALAMEDAAPN9-716-2

Schools near 3231 Telegraph Avenue

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
Hoover Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical 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.

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3231 Telegraph Avenue is a multi-family home for sale in Oakland, CA 94609. This property was listed for sale on March 21, 2024 by Happy Real Estate Inc, it's currently listed at $1,820,000. It has been on the market for a total of 40 days and was last sold on October 18, 2007. This listing's school district is Oakland Unified School District. Nearby schools include Hoover Elementary School, Westlake Middle School and Oakland Technical High School. 3231 Telegraph Avenue is a 0-bed, 0-bath, 5,392 sqft multi-family home built in 1906.

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 Happy Real Estate Inc, Edward Kang, DRE #01092369

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.