3317 Kempton Avenue

Oakland, CA 94611

$2,785,000
Last Sold Price
Beds
9,038 Sq. Ft.
$308 / Sq. Ft.
9,038
Sq. Ft.
$308
per Sq. Ft.

Description

3317 Kempton Ave is a 9-unit apartment building conveniently located between Piedmont and Adams Point. The building consists of (8) large one bedroom, one bath units and (1) 1,700 sqft four bedroom, two bath penthouse with two large balconies that shall be delivered vacant. All of the one-bedroom units are over 850 sqft, have a formal dining area, storage locker, and a private balcony. The majority of the one-bedroom units have tasteful upgrades including granite counters, renovated bathrooms, re-stained...3317 Kempton Ave is a 9-unit apartment building conveniently located between Piedmont and Adams Point. The building consists of (8) large one bedroom, one bath units and (1) 1,700 sqft four bedroom, two bath penthouse with two large balconies that shall be delivered vacant. All of the one-bedroom units are over 850 sqft, have a formal dining area, storage locker, and a private balcony. The majority of the one-bedroom units have tasteful upgrades including granite counters, renovated bathrooms, re-stained cabinets and new floors. The property features on-site laundry and secured parking for all nine units (4 of which are carports). Additionally, there is a maintenance room with a half bathroom for service workers. Being on a secluded street while offering easy access to 580, Sprouts Farmers Market, and Piedmont Avenue, this building is in a highly desirable location and a great investment with 9.84% total return day one.

Listing Agent

  1. Ben Weil

    Ben Weil

    Listing Agent

    Compass

    DRE #01816078

    ben.weil@compass.com

    P: 415.874.5019

Property Details for 3317 Kempton Avenue

City
OAKLAND
Building Type
Lowrise (1-3 Flrs)
Property Sub Type
Lowrise (1-3 Flrs)
Garage/Parking
Parking Area, Assigned Spaces, Spaces per Unit - 1
Total # Parking Spaces
9

Location

Listing Courtesy of COMPASS, Ben Weil, DRE #01816078

Sold By John Warner, Broker, John Warner, DRE #01249361

Add your commute
LISTING UPDATED: 08/17/2021 11:54 AM

Property Details for 3317 Kempton Avenue

StatusSold
MLS #40945599
Days on Compass22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
Lot Size0.16 AC / 7,000 SF
CountyAlameda County

Location

Listing Courtesy of COMPASS, Ben Weil, DRE #01816078

Sold By John Warner, Broker, John Warner, DRE #01249361

Add your commute

Building Information for 3317 Kempton Avenue

Stories-Residences9Year Built1964Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$19,063 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,199

Property Taxes

$3,864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3317 Kempton Avenue

Features
Feature Details
  • Flooring: Partial Carpeting, Vinyl
  • Laundry: Dryer, Washer
Utility Details
  • Cooling: None
  • Heating: Forced Air 1 Zone, Wall Furnace
  • Water/Sewer: Meter on Site
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas, Secured Access, Security Gate, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Brick Veneer, Stucco
  • Lot Description: Curb(s), Landscape Front, Landscape Misc, Paved, Security Gate
  • Lot Sq Ft Apx: 7000
  • Lot Size Square Feet: 7000.0
  • Roof: Flat, Rolled Composition
  • Sq Ft Apx: 9038
  • Year Built: 1964
Location Details
  • Directions to Property: Harrison St Exit,Off Stanley Pl
  • FIPS Code: 06001
  • Census Tract: no
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 9
  • Basement: Other
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Balcony/Patio, Elevator, Extra Storage
  • Apx Lot Acres: 0
  • On Site Parking Description: Carport - 1, Int Access From Garage, Parking Area, Spaces - Assigned, Space Per Unit - 1, Private, Uncovered Parking Space
  • Tot Ann Oper Exp: 69359.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 0
  • Annual Gross Sched Income: $225,708
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $0
  • Annual Taxes: $0
  • Annual Util Expense: $0
  • Annual Vacancy: 0.0
  • Gross Income: $0
  • Gross Operating Actual Income: $225,708
  • Gross Rent Multiplier: 12.41
  • Net Operating Income: $154,092
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 5.50
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 3317 Kempton 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 3317 Kempton Avenue

Taxable ValueLand$1,009,800Additions$1,826,310Total$2,836,110
Tax Record2023$46,366 ($3,864 / month)
Home Facts
Total Finished SqFt9,038 SqFtAbove Grade Finished SqFt9,038 SqFtStories3Lot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyALAMEDAAPN10-807-22

Schools near 3317 Kempton 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
Public - 9 to 12
Rating
School
Distance
Piedmont Avenue Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Street Academy (Alternative)
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.