3647 Coolidge Avenue

Oakland, CA 94602

$1,180,000
Last Sold Price
Beds
3,214 Sq. Ft.
$367 / Sq. Ft.
3,214
Sq. Ft.
$367
per Sq. Ft.

Description

3647 Coolidge is a newly painted, turn-key investment property, fully occupied and competitively priced at $1,295,000 with a 5.3% Capitalization Rate and a Gross Rent Multiplier of 13. In addition to a newer roof, 3647 Coolidge boasts in unit laundry in all units and on-site parking. The property is Sewer Lateral Compliant and priced-to-sell! Tired of the stock market gyrations? Place your investment into a stabilized asset positioned to provide consistent returns for years...3647 Coolidge is a newly painted, turn-key investment property, fully occupied and competitively priced at $1,295,000 with a 5.3% Capitalization Rate and a Gross Rent Multiplier of 13. In addition to a newer roof, 3647 Coolidge boasts in unit laundry in all units and on-site parking. The property is Sewer Lateral Compliant and priced-to-sell! Tired of the stock market gyrations? Place your investment into a stabilized asset positioned to provide consistent returns for years...
  1. Listed by Karen Mulcahy • DRE #02002780 • Corcoran Global Living

Property Details for 3647 Coolidge Avenue

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
4

Location

Listing Courtesy of Corcoran Global Living, Karen Mulcahy, DRE #02002780

Sold By Junius Wiliams, RE Broker, Junius Williams, DRE #01921616

Add your commute
LISTING UPDATED: 05/20/2020 09:35 AM

Property Details for 3647 Coolidge Avenue

StatusSold
MLS #40894924
Days on Compass65
Taxes$19,720 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.15 AC / 6,350 SF
CountyAlameda County

Location

Listing Courtesy of Corcoran Global Living, Karen Mulcahy, DRE #02002780

Sold By Junius Wiliams, RE Broker, Junius Williams, DRE #01921616

Add your commute

Building Information for 3647 Coolidge Avenue

Stories-Residences4Year Built1963Building Size-Lot Size0.15 AC / 6,350 SF

Payment Calculator

$8,083 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,440

Property Taxes

$1,643

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3647 Coolidge Avenue

Features
Feature Details
  • Flooring: Carpet, Hardwood Floors
  • Laundry: In Closet, Washer/Dryer Hookups
  • Disability Features: Other
Utility Details
  • Cooling: Other
  • Heating: Electric
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Playground
Property Details
  • Additional Equipment: Window Coverings
  • City Transfer Tax: Yes
  • Exterior: Dual Pane Windows, Stucco & Stone
  • Lot Description: Up Slope
  • Lot Sq Ft Apx: 6350
  • Lot Size Square Feet: 6350.0
  • Roof: Rolled Composition
  • Sq Ft Apx: 3214
  • Yard Description: Fenced, Garden/Play
  • Year Built: 1963
  • Acres: 0.13
Location Details
  • Directions to Property: 580 to Fruitvale
  • FIPS Code: 06001
  • Parcel Number: 29-989-10
  • Printed Neighborhood Rpt: Yes
  • Board ID: QUATTRO San Francisco
Multi Family Information
General Details
  • All Units Have: Dishwasher, Disposal
  • Units Total: 4
  • Basement: None
  • Parking Description: Parking Area, Space Per Unit - 1
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Other
  • Addl Property Description: The property is located in Oakland's scenic Dimond district just steps away from Bret Harte Middle School, retail, restaurants and parks.
Income / Expense Details
  • Annual Expense Year: 28642
  • Annual Taxes $: $19,720
  • Annual Gross Fee Income: $98,328
  • Annual Gross Sched Income: $98,328
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $3
  • Gross Oper Income (Act): $98,328
  • Net Operating Income: $67,719
  • Annual Insurance Expense: $2,031
  • Annual License Expense: $1,813
  • Annual Maintance Expense: $10,486
  • Annual Management Expense: $1,700
  • Annual Total Oper Expense: $10,486
  • Annual Utility Expense: $1,500
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Play Area
  • Total Deposits: 6000
Additional Information
Additional Information
  • Fireplace: No

Property History for 3647 Coolidge 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 3647 Coolidge Avenue

Taxable ValueLand$372,114Additions$868,266Total$1,240,380
Tax Record2023$20,804 ($1,734 / month)
Home Facts
Total Finished SqFt3,234 SqFtAbove Grade Finished SqFt3,234 SqFtStories2Lot Size6,350 SqFtStyleQuadraplexYear Built1963CountyALAMEDAAPN29-989-10

Schools near 3647 Coolidge Avenue

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

Bret Harte Middle School
Public6 to 9

Skyline High School
Public9 to 12

Life Academy
Public6 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 Corcoran Global Living, Karen Mulcahy, DRE #02002780

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.