5208 Manila Avenue

Oakland, CA 94618

$3,000,000
Last Sold Price
Beds
5,926 Sq. Ft.
$506 / Sq. Ft.
5,926
Sq. Ft.
$506
per Sq. Ft.

Description

5208 Manila Avenue is an outstanding multifamily investment opportunity being offered for the first time in over 40 years. The subject property is conveniently located on the border of the Rockridge & Piedmont Neighborhoods; both considered some of Oakland's most established neighborhoods. This well-maintained property was built in 1922 and consists of 10-Units with a great unit mix of (4) Studios and (6) 1-bedrooms. All of the units have been well cared for and feature hardwood floors throughout....5208 Manila Avenue is an outstanding multifamily investment opportunity being offered for the first time in over 40 years. The subject property is conveniently located on the border of the Rockridge & Piedmont Neighborhoods; both considered some of Oakland's most established neighborhoods. This well-maintained property was built in 1922 and consists of 10-Units with a great unit mix of (4) Studios and (6) 1-bedrooms. All of the units have been well cared for and feature hardwood floors throughout. Set on an idyllic street in a neighborhood composed predominantly of charming single-family homes, the subject property stands out as a true pride of ownership asset. The property is designated as a Walker’s Paradise (92 Walk Score) by WalkScore.com and is proximate to many of the finest residential communities in the East Bay, including Rockridge, Piedmont, Claremont, Temescal, and Uptown Oakland.
  1. Listed by Tyler Clark • DRE #01900784 • Compass

Property Details for 5208 Manila Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Total # Parking Spaces
4

Location

Listing Courtesy of Compass, Tyler Clark, DRE #01900784

Sold By Compass, Tyler Clark, DRE #01900784

Add your commute
LISTING UPDATED: 09/22/2021 06:50 AM

Property Details for 5208 Manila Avenue

StatusSold
MLS #40954391
Days on Compass5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1922
Lot Size0.25 AC / 11,000 SF
CountyAlameda County

Location

Listing Courtesy of Compass, Tyler Clark, DRE #01900784

Sold By Compass, Tyler Clark, DRE #01900784

Add your commute

Building Information for 5208 Manila Avenue

Stories-Residences10Year Built1922Building Size-Lot Size0.25 AC / 11,000 SF

Payment Calculator

$20,572 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$4,200

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5208 Manila Avenue

Features
Feature Details
  • Flooring: Hardwood Floors
Room Details
  • Additional Rooms: Basement - Storage Area
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Siding
  • Lot Description: Other
  • Lot Sq Ft Apx: 11000
  • Lot Size Square Feet: 11000.0
  • Roof: Bitumen
  • Sq Ft Apx: 5926
  • Year Built: 1922
Location Details
  • Directions to Property: College Ave to Manila Ave
  • FIPS Code: 06001
  • Census Tract: -
  • Printed Neighborhood Rpt: No
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 10
  • Basement: Storage Area
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Unassigned
  • Tot Ann Oper Exp: 0.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 0
  • Annual Gross Sched Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $0
  • Annual Taxes: $0
  • Annual Util Expense: $0
  • Annual Vacancy: 0.0
  • Gross Income: $203,904
  • Gross Operating Actual Income: $199,533
  • Gross Rent Multiplier: 14.58
  • Net Operating Income: $111,010
  • Other Annual Expense: $0
Other Financial Information
  • Apprx Equity: 0.0
  • Cap Rate: 3.7
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 5208 Manila 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 5208 Manila Avenue

Taxable ValueLand$765,000Additions$2,289,900Total$3,054,900
Tax Record2023$50,399 ($4,200 / month)
Home Facts
Total Finished SqFt5,926 SqFtAbove Grade Finished SqFt5,926 SqFtStories2Lot Size11,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1922Year Renovated1943CountyALAMEDAAPN14-1238-58

Schools near 5208 Manila 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
Emerson 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 Compass, Tyler Clark, DRE #01900784

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.