4048 Lyon Avenue

Oakland, CA 94601

$765,000
Last Sold Price
3
Beds
2
Baths
1,628 Sq. Ft.
$470 / Sq. Ft.
1,628
Sq. Ft.
$470
per Sq. Ft.

Description

Price adjusted! Investors dream property. Here's your chance to own a charming duplex in heart of Oakland. One unit is tenant occupied, so instant rental income from day 1! Occupied unit is a 2 bed 1 bath. Other unit is a 1 bed 1 bath ready for you to move right in. Both units are recently remodeled, including hardwood floor, upgraded kitchens and bathrooms. Washer and dryer hook ups in each unit. Call for more details! This won't last long! More photos available upon request. Easy to tour.Price adjusted! Investors dream property. Here's your chance to own a charming duplex in heart of Oakland. One unit is tenant occupied, so instant rental income from day 1! Occupied unit is a 2 bed 1 bath. Other unit is a 1 bed 1 bath ready for you to move right in. Both units are recently remodeled, including hardwood floor, upgraded kitchens and bathrooms. Washer and dryer hook ups in each unit. Call for more details! This won't last long! More photos available upon request. Easy to tour.

Property Details for 4048 Lyon Avenue

City
OAKLAND
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage/Parking
Attached Garage, Off-Street Parking, Assigned Spaces, Spaces per Unit - >1, Undersized
Park Spaces Total
2

Location

Listing Courtesy of Advent Properties, Inc., Darryl Glass, DRE #01919978

Sold By VALVA REALTY COMPANY, Phong Tran, DRE #01327197

Add your commute
LISTING UPDATED: 08/13/2021 03:00 AM

Property Details for 4048 Lyon Avenue

StatusSold
MLS #40953561
Days on Compass43
Taxes$10,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1913
Lot Size0.18 AC / 7,790 SF
CountyAlameda County

Location

Listing Courtesy of Advent Properties, Inc., Darryl Glass, DRE #01919978

Sold By VALVA REALTY COMPANY, Phong Tran, DRE #01327197

Add your commute

Building Information for 4048 Lyon Avenue

Stories-Residences2Year Built1913Building Size-Lot Size0.18 AC / 7,790 SF

Payment Calculator

$5,008 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,175

Property Taxes

$833

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4048 Lyon Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Tile
  • Laundry: In Laundry Room, Washer/Dryer Hookups
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Forced Air 1 Zone, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Water Heater Gas, Window Coverings, Carbon Mon Detector, All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: 2 Houses / 1 Lot
  • Lot Sq Ft Apx: 7790
  • Lot Size Square Feet: 7790.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 1628
  • Yard Description: Front Yard, Side Yard, Storage, Back Yard Fence, Fenced Front Yard
  • Year Built: 1913
  • Acres: 0.18
Location Details
  • Directions to Property: 580 to High St to Lyon Ace
  • FIPS Code: 06001
  • Parcel Number: 32-2069-34
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Parking Description: Attached Garage, Off Street Parking, Spaces - Assigned, Space Per Unit - 2, Undersized Garage
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Building Vacant, Month to Month, Other, Security Deposit, Written Agreement
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner, Property Manager
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $10,000
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $54,000
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $54,000
  • Gross Oper Income (Act): $0
  • Net Operating Income: $44,000
  • Annual Insurance Expense: $3,000
  • Annual License Expense: $200
  • Annual Maintance Expense: $5,000
  • Annual Management Expense: $3,000
  • Annual Total Oper Expense: $20,000
  • Annual Utility Expense: $2,000
  • Annual Vacancy Expense: $0
  • Operating Expenses: Accounting/Legal, Garbage Collection, Insurance, Maintenance/Repair, Management, Miscellaneous/Other, Property Tax/Assessments, Trash Removal, Vacancy Factor
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 4048
  • Occupied By 1: Tenant
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 900
  • Rent 1: $2563.11
Unit 2 Details
  • Unit #/Address - 2: 4050
  • Occupied By 2: Vacant
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 700
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 3592
Additional Information
Additional Information
  • Fireplace: No

Property History for 4048 Lyon 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 4048 Lyon Avenue

Taxable ValueLand$234,090Additions$546,210Total$780,300
Tax Record2023$13,079 ($1,090 / month)
Home Facts
Total Finished SqFt1,628 SqFtAbove Grade Finished SqFt1,628 SqFtStories1Lot Size7,790 SqFtStyleMulti-Family Dwelling (2-4)Year Built1913Year Renovated1927CountyALAMEDAAPN32-2069-34

Schools near 4048 Lyon Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Global Family School
PublicK to 5

Urban Promise Academy
Public6 to 8

United For Success Academy
Public6 to 8

Fremont High
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 Advent Properties, Inc., Darryl Glass, DRE #01919978

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.