411 Euclid Avenue

Oakland, CA 94610

$5,495,000
Last Sold Price
Beds
13,598 Sq. Ft.
$404 / Sq. Ft.
13,598
Sq. Ft.
$404
per Sq. Ft.

Description

411 Euclid is a 13-unit multifamily building located in the heart of Oakland’s Adams Point neighborhood. Built in 1971, the wood frame and stucco building consists of four stories over garage parking on the ground floor. All of the units are spacious and include two bedrooms and two bathrooms. Several of the units have been renovated to include modern finishes such as: stainless steel appliances, undermount sink, back splashes, new cabinets, wood-style flooring and adding in-unit washer and dryer....411 Euclid is a 13-unit multifamily building located in the heart of Oakland’s Adams Point neighborhood. Built in 1971, the wood frame and stucco building consists of four stories over garage parking on the ground floor. All of the units are spacious and include two bedrooms and two bathrooms. Several of the units have been renovated to include modern finishes such as: stainless steel appliances, undermount sink, back splashes, new cabinets, wood-style flooring and adding in-unit washer and dryer. These modern finishes have proven a significant upside in rental revenue offering a new investor an estimated 65-percent increase in the net operating income. Market Cap Rate: 6.91% / Market GRM: 10.45
  1. Listed by JOSEPH OWENS • DRE #01707768 • MARCUS & MILLICHAP

Property Details for 411 Euclid Avenue

City
OAKLAND
Dist Neighborhood Subdiv
ADAMS POINT
Building Type
Apt Complex
Property Sub Type
Apt Complex
Garage/Parking
Spaces per Unit - 1
View
City Lights, Lake
Total # Parking Spaces
14

Location

Listing Courtesy of MARCUS & MILLICHAP, JOSEPH OWENS, DRE #01707768

Sold By Bay East AOR, NON MEMBER OUT OF AREA, DRE #01453628

Add your commute
LISTING UPDATED: 07/13/2021 03:41 PM

Property Details for 411 Euclid Avenue

StatusSold
MLS #40943954
Days on Compass20
Taxes$82,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1971
CountyAlameda County

Location

Listing Courtesy of MARCUS & MILLICHAP, JOSEPH OWENS, DRE #01707768

Sold By Bay East AOR, NON MEMBER OUT OF AREA, DRE #01453628

Add your commute

Building Information for 411 Euclid Avenue

Building/Complex411 Euclid AveFloor-Stories-Residences13Pet Policy-Year Built1971Building Size-

Payment Calculator

$36,829 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,988

Property Taxes

$6,841

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Euclid Avenue

Features
Feature Details
  • Flooring: Other
  • Laundry: Community Facility, In Laundry Room, Inside Unit, Laundry Equip - Leased
Utility Details
  • Cooling: None
  • Heating: Electric
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Concrete Block, Stucco, Wood Frame
  • Lot Description: Level, Regular
  • Lot Sq Ft Apx: 6250
  • Lot Size Square Feet: 6250.0
  • Roof: Flat
  • Sq Ft Apx: 13598
  • Year Built: 1971
Location Details
  • Directions to Property: North of Grand Ave on Euclid
  • FIPS Code: 06001
  • Census Tract: 40370210
  • Parcel Number: 10-779-4
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Deck
  • Some Units Have: Dishwasher, Updated Baths, Updated Kitchen
  • Units Total: 13
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas, Parking
  • Financial Data Source: Broker
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Janitorial, License/Ads, Maintenance/Repair, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 13
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 2
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 1046
  • Unit # 1 Rent: 3350
Building Details
  • Additional Features-Misc: Balcony/Patio, Elevator, Extra Storage, Security Building
  • Apx Lot Acres: 0
  • On Site Parking Description: Garage Parking, Security Garage, Space Per Unit - 1
  • Tot Ann Oper Exp: 139530.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 2021
  • Annual Gross Sched Income: $400,075
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $11,304
  • Annual Rent Income: $388,771
  • Annual Taxes: $82,086
  • Annual Util Expense: $0
  • Annual Vacancy: 11663.0
  • Gross Income: $388,412
  • Gross Operating Actual Income: $388,412
  • Gross Rent Multiplier: 14.13
  • Net Operating Income: $248,882
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 4.53
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 411 Euclid 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 411 Euclid Avenue

Taxable ValueLand$1,326,000Additions$4,298,525Total$5,624,525
Tax Record2023$79,514 ($6,626 / month)
Home Facts
Total Finished SqFt13,597 SqFtAbove Grade Finished SqFt13,597 SqFtStories4Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1971CountyALAMEDAAPN10-779-4

Schools near 411 Euclid 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 MARCUS & MILLICHAP, JOSEPH OWENS, DRE #01707768

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.