341 Alcatraz Avenue

Oakland, CA 94618

$1,900,000
Last Sold Price
6
Beds
5
Baths
3,610 Sq. Ft.
$526 / Sq. Ft.
3,610
Sq. Ft.
$526
per Sq. Ft.

Description

Amazing opportunity to own this fourplex as owner occupied investment property. Prime location in Rockridge one block away from Safeway, French bakery, Peets Coffee, and Wood Tavern Restaurant. 5 minutes walk to Rockridge BART station and Market Hall. Completely remodeled luxury owner's unit with upstairs three bedrooms and Master bathroom, downstairs living room, dining room, kitchen, laundry, office, and enclosed patio. Large office/storage suite is rented to a small business for $3000 per month...Amazing opportunity to own this fourplex as owner occupied investment property. Prime location in Rockridge one block away from Safeway, French bakery, Peets Coffee, and Wood Tavern Restaurant. 5 minutes walk to Rockridge BART station and Market Hall. Completely remodeled luxury owner's unit with upstairs three bedrooms and Master bathroom, downstairs living room, dining room, kitchen, laundry, office, and enclosed patio. Large office/storage suite is rented to a small business for $3000 per month for yearly lease. Three parking spaces are in front of the building for the owner. Solar panels are owned instead of leased, to reduce the electricity costs. Take advantage of the low interest rate and the cash flow. Don't miss this special owner's unit within a fourplex opportunity!
  1. Listed by Bing Udinsky • DRE #01876139 • BING REALTY

Property Details for 341 Alcatraz Avenue

City
OAKLAND
Dist Neighborhood Subdiv
ROCKRIDGE
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Off-Street Parking
Park Spaces Total
1
Total # Parking Spaces
1

Location

Listing Courtesy of BING REALTY, Bing Udinsky, DRE #01876139

Sold By RE/MAX Accord, Linda Register, DRE #01739465

Add your commute
LISTING UPDATED: 02/15/2022 03:00 PM

Property Details for 341 Alcatraz Avenue

StatusSold
MLS #40966997
Days on Compass84
Taxes$6,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1910
Lot Size0.12 AC / 5,400 SF
CountyAlameda County

Location

Listing Courtesy of BING REALTY, Bing Udinsky, DRE #01876139

Sold By RE/MAX Accord, Linda Register, DRE #01739465

Add your commute

Building Information for 341 Alcatraz Avenue

Stories-Residences4Year Built1910Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$10,931 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 341 Alcatraz Avenue

Features
Feature Details
  • Flooring: Carpet, Hardwood Floors, Laminate, Tile
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Central 1 Zone A/C
  • Heating: Forced Air 1 Zone, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: Solar Electrical Owned
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Water Heater Gas, Smoke Detector, Master Electric Meter, Master Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 5400
  • Lot Size Square Feet: 5400.0
  • Roof: Rolled Composition
  • Sq Ft Apx: 3610
  • Stories: 0.0
  • Yard Description: Fenced, Front Yard, Side Yard
  • Year Built: 1910
  • Acres: 0.12
Location Details
  • Directions to Property: COLLEGE AVE
  • FIPS Code: 06001
  • Parcel Number: 16-1409-19
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Off Street Parking
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Cable TV
  • Financial Data Source: Accountant
Income / Expense Details
  • Annual Expense Year: 23435
  • Annual Taxes $: $6,743
  • Annual Gross Fee Income: $105,740
  • Annual Gross Sched Income: $145,200
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $105,740
  • Gross Oper Income (Act): $105,740
  • Net Operating Income: $82,304
  • Annual Insurance Expense: $1,971
  • Annual License Expense: $1,555
  • Annual Maintance Expense: $1,105
  • Annual Management Expense: $5,000
  • Annual Total Oper Expense: $23,435
  • Annual Utility Expense: $10,331
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $404
Unit 1 Details
  • Unit #/Address - 1: 1
  • Occupied By 1: Vacant
  • Dining Room 1: Yes
  • Air Cond 1: Yes
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 1810
  • Rent 1: 5000
Unit 2 Details
  • Unit #/Address - 2: 2
  • Occupied By 2: Tenant
  • Dining Room 2: No
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 0
  • Apx Sq Ft 2: 600
  • Rent 2: 1196
Unit 3 Details
  • Unit #/Address - 3: 3
  • Occupied By 3: Tenant
  • Dining Room 3: No
  • Air Cond 3: No
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 0
  • Apx Sq Ft 3: 600
  • Rent 3: 1588
Unit 4 Details
  • Unit #/Address - 4: 4
  • Occupied By 4: Tenant
  • Dining Room 4: No
  • Air Cond 4: No
  • Fireplace 4: No
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Parking Spaces 4: 0
  • Apx Sq Ft 4: 600
  • Rent 4: 1950
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 6275
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 341 Alcatraz 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 341 Alcatraz Avenue

Taxable ValueLand$581,400Additions$1,356,600Total$1,938,000
Tax Record2023$30,302 ($2,525 / month)
Home Facts
Total Finished SqFt3,610 SqFtAbove Grade Finished SqFt3,610 SqFtStories2Lot Size5,400 SqFtStyleQuadraplexYear Built1910Year Renovated1919CountyALAMEDAAPN16-1409-19

Schools near 341 Alcatraz 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
Peralta Elementary School
PublicK to 5

Claremont Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Oakland International 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 BING REALTY, Bing Udinsky, DRE #01876139

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.