3314 Farnam Street

Oakland, CA 94601

$899,500
Price
8
Beds
5
Baths
4,060 Sq. Ft.
$222 / Sq. Ft.
4,060
Sq. Ft.
$222
per Sq. Ft.

Description

Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units...Qualified investors are extended the opportunity to acquire 3314 Farnam Street located in Oakland, CA. This well-maintained apartment community of 4 units was built in 1923 and includes 1 large two bedroom / two bathroom unit and 3 two bedroom one bathroom units. Each unit is individually metered for gas and electric. Tenants enjoy secure gated access and a common area backyard. 3314 Farnam offers investors the opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.
  1. Listed by Michael Pagones • DRE #01749383 • KW Advisors East Bay
  2. Listed by Stephen Pagones • DRE #01760998 • KW Advisors East Bay

Property Details for 3314 Farnam Street

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Enclosed
Park Spaces Total
1

Location

Listing Courtesy of KW Advisors East Bay, Michael Pagones, DRE #01749383; KW Advisors East Bay, Stephen Pagones, DRE #01760998
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LISTING UPDATED: 04/01/2024 01:37 AM

Property Details for 3314 Farnam Street

StatusActive
MLS #41053819
Days on Compass34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1923
Lot Size0.09 AC / 4,000 SF
CountyAlameda County

Location

Listing Courtesy of KW Advisors East Bay, Michael Pagones, DRE #01749383; KW Advisors East Bay, Stephen Pagones, DRE #01760998
Add your commute

Virtual Tour

Building Information for 3314 Farnam Street

Stories-Residences4Year Built1923Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$6,645 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,909

Property Taxes

$1,736

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3314 Farnam Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Linoleum, Tile
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: See Remarks, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Concrete, Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 4000
  • Lot Size Square Feet: 4000.0
  • Roof: Unknown
  • Sq Ft Apx: 4060
  • Yard Description: Back Yard
  • Year Built: 1923
  • Acres: 0.09
Location Details
  • Directions to Property: from I880S Exit 39A-Fruitvale Ave
  • FIPS Code: 06001
  • Parcel Number: 33-2122-14
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Enclosed Garage
  • Existing Lease Terms: Written Agreement
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 1
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 2
  • Apx Sq Ft 1: 785
  • Rent 1: 1266
Unit 2 Details
  • Unit #/Address - 2: 2
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 700
  • Rent 2: 1750
Unit 3 Details
  • Unit #/Address - 3: 3
  • Occupied By 3: Tenant
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 700
  • Rent 3: 1432
Unit 4 Details
  • Unit #/Address - 4: 4
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 700
  • Rent 4: 1439
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 3314 Farnam 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 3314 Farnam Street

Taxable ValueLand$310,332Additions$724,405Total$1,034,737
Tax Record2023$20,831 ($1,736 / month)
Home Facts
Total Finished SqFt4,060 SqFtAbove Grade Finished SqFt4,060 SqFtStories3Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyALAMEDAAPN33-2122-14

Schools near 3314 Farnam 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 8
Public - 6 to 8
Rating
School
Distance
Think College Now School
PublicK to 5

International Community School
PublicK to 5

United For Success Academy
Public6 to 8

Urban Promise Academy
Public6 to 8

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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3314 Farnam Street is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on March 25, 2024 by KW Advisors East Bay, it's currently listed at $899,500. It has been on the market for a total of 34 days and was last sold on November 30, 2016. This listing's school district is Oakland Unified School District. Nearby schools include Think College Now School, International Community School and United For Success Academy. 3314 Farnam Street is a 8-bed, 5-bath, 4,060 sqft multi-family home built in 1923.

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 KW Advisors East Bay, Michael Pagones, DRE #01749383; KW Advisors East Bay, Stephen Pagones, DRE #01760998

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.