3647 West Street

Oakland, CA 94608

$1,100,000
Last Sold Price
12
Beds
4
Baths
4,736 Sq. Ft.
$232 / Sq. Ft.
4,736
Sq. Ft.
$232
per Sq. Ft.

Description

4-unit apartment complex consisting of four massive 3bd/1bth units with excellent cash flow. 7.72% cap rate and 9.52 GRM on current rents. Two of the four units are vacant providing an excellent opportunity for an owner-occupant, extended family, or an investor looking to set high market rents. The property was built in 1912, offers approximately 4,736 square feet of rental space, and sits on a 5,400 square foot lot. The property is separately metered for PG&E and has low operating expenses. Upgrades...4-unit apartment complex consisting of four massive 3bd/1bth units with excellent cash flow. 7.72% cap rate and 9.52 GRM on current rents. Two of the four units are vacant providing an excellent opportunity for an owner-occupant, extended family, or an investor looking to set high market rents. The property was built in 1912, offers approximately 4,736 square feet of rental space, and sits on a 5,400 square foot lot. The property is separately metered for PG&E and has low operating expenses. Upgrades include a variety of Victorian details, mature landscaping, a security gate, an onsite laundry room and more. Attractive Oakland location near Temescal, Downtown Oakland, and Berkeley with easy access to restaurants, coffee shops, and shopping. The property is only a short distance from MacArthur BART station and the Bay Bridge.
  1. Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc

Property Details for 3647 West Street

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Other
Park Spaces Total
0

Location

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Sold By The Pinza Group, Inc, David Howarth, DRE #01360348

Add your commute
LISTING UPDATED: 07/30/2021 06:40 AM

Property Details for 3647 West Street

StatusSold
MLS #40952129
Days on Compass29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1912
Lot Size0.12 AC / 5,400 SF
CountyAlameda County

Location

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Sold By The Pinza Group, Inc, David Howarth, DRE #01360348

Add your commute

Building Information for 3647 West Street

Stories-Residences4Year Built1912Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$7,603 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,600

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3647 West Street

Features
Feature Details
  • Flooring: Other
  • Laundry: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other Skirt
  • Lot Description: Other
  • Lot Sq Ft Apx: 5400
  • Lot Size Square Feet: 5400.0
  • Roof: Composition
  • Sq Ft Apx: 4736
  • Yard Description: Other
  • Year Built: 1912
  • Acres: 0.12
Location Details
  • Directions to Property: 37th St right on West St
  • FIPS Code: 06001
  • Parcel Number: 12-948-2-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: Other
  • Parking Description: Other
  • Existing Lease Terms: Building Vacant, Other
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Other
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $96,390
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 3641
  • Occupied By 1: Vacant
  • Bedrooms 1: 3
  • Bathrooms 1: 1
  • Parking Spaces 1: 0
  • Apx Sq Ft 1: 1184
Unit 2 Details
  • Unit #/Address - 2: 3643
  • Occupied By 2: Tenant
  • Bedrooms 2: 3
  • Bathrooms 2: 1
  • Parking Spaces 2: 0
  • Apx Sq Ft 2: 1184
  • Rent 2: 3000
Unit 3 Details
  • Unit #/Address - 3: 3645
  • Occupied By 3: Tenant
  • Bedrooms 3: 3
  • Bathrooms 3: 1
  • Parking Spaces 3: 0
  • Apx Sq Ft 3: 1184
  • Rent 3: 1545
Unit 4 Details
  • Unit #/Address - 4: 3647
  • Occupied By 4: Vacant
  • Bedrooms 4: 3
  • Bathrooms 4: 1
  • Parking Spaces 4: 0
  • Apx Sq Ft 4: 1184
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
  • Total Deposits: 0
Additional Information
Additional Information
  • Fireplace: No

Property History for 3647 West 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 3647 West Street

Taxable ValueLand$336,600Additions$785,400Total$1,122,000
Tax Record2023$19,201 ($1,600 / month)
Home Facts
Total Finished SqFt4,736 SqFtAbove Grade Finished SqFt4,736 SqFtStories2Lot Size5,400 SqFtStyleQuadraplexYear Built1912CountyALAMEDAAPN12-948-2-1

Schools near 3647 West Street

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
Emerson Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Mcclymonds 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 The Pinza Group, Inc, David Howarth, DRE #01360348

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.