705 East 18th Street

Oakland, CA 94606

$1,100,000
Price
5
Beds
4.5
Baths
3,046 Sq. Ft.
$361 / Sq. Ft.
3,046
Sq. Ft.
$361
per Sq. Ft.

Description

Introducing Oakland’s 705 E 18th Street—a four-unit building delivered partially occupied (two units) that will make an ideal investment for someone seeking an owner-occupy opportunity. Divided into three 1BR/1BA layouts and one 2BR/1BA layout, all units have been renovated to include new flooring, kitchens, and bathrooms. The units also include upgraded electrical, copper plumbing, and tankless water heaters, reducing the risk of any maintenance-related repairs in the years ahead. Nearly equidistant...Introducing Oakland’s 705 E 18th Street—a four-unit building delivered partially occupied (two units) that will make an ideal investment for someone seeking an owner-occupy opportunity. Divided into three 1BR/1BA layouts and one 2BR/1BA layout, all units have been renovated to include new flooring, kitchens, and bathrooms. The units also include upgraded electrical, copper plumbing, and tankless water heaters, reducing the risk of any maintenance-related repairs in the years ahead. Nearly equidistant (~1 mile) from two major employers (Laney College and Highland Hospital), vacancies at this property should always appeal to a strong pool of renters. Additionally, 705 E 18th Street’s proximity to Lake Merritt (only six blocks away) and a plethora of other greenspaces guarantee a certain level of desirability with renters who like to spend time outdoors. BART stations (Lake Merritt) and AC Transit stops (lines 14, 40, 62, and 840) make commuting easy, as do nearby freeways (I-580 + I-880).
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 705 East 18th Street

City
OAKLAND
Dist Neighborhood Subdiv
CLINTON
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Covered Parking, Detached Garage, Garage, Gate / Door Opener, Off-Street Parking, Parking Area
Park Spaces Total
2

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931
Add your commute
LISTING UPDATED: 04/26/2024 08:01 AM

Property Details for 705 East 18th Street

StatusPending
MLS #41054678
Days on Compass23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1902
Lot Size0.08 AC / 3,500 SF
CountyAlameda County

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931
Add your commute

Building Information for 705 East 18th Street

Stories-Residences4Year Built1902Building Size-Lot Size0.08 AC / 3,500 SF

Payment Calculator

$8,250 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$2,247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 705 East 18th Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile
  • Laundry: Dryer, Inside Unit, Washer
Room Details
  • Additional Rooms: Basement - Unfinished
Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Garage Door Opener, Washer, Water Heater Gas, Tankless Water Heater, Carbon Mon Detector, Smoke Detector, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: Level, Paved
  • Lot Sq Ft Apx: 3500
  • Lot Size Square Feet: 3500.0
  • Roof: Shingle
  • Sq Ft Apx: 3046
  • Yard Description: Fenced, Entry Gate, Porch
  • Year Built: 1902
  • Zoning: RM-3
  • Acres: 0.08
Location Details
  • Directions to Property: 14th Ave to E 18th St.
  • FIPS Code: 06001
  • Census Tract: 4054.01
  • Parcel Number: 21-219-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
  • Street Direction: E
Multi Family Information
General Details
  • Units Total: 4
  • Basement: Unfinished
  • Parking Description: Covered Parking, Detached Garage, Garage Parking, Off Street Parking, Parking Area, Remote
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month, Written Agreement
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Operating Expenses: Garbage Collection, Insurance, Property Tax/Assessments, Water
Unit 1 Details
  • Unit #/Address - 1: 705
  • Occupied By 1: Tenant
  • Bedrooms 1: 1
  • Bathrooms 1: 1.5
  • Apx Sq Ft 1: 765
  • Rent 1: 2300
Unit 2 Details
  • Unit #/Address - 2: 707
  • Occupied By 2: Vacant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 584
  • Rent 2: 1950est
Unit 3 Details
  • Unit #/Address - 3: 709
  • Occupied By 3: Vacant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 529
  • Rent 3: 1950est
Unit 4 Details
  • Unit #/Address - 4: 1750
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 789
  • Rent 4: 2600
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Storage Area(s)
Additional Information
Additional Information
  • Fireplace: No

Property History for 705 East 18th 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 705 East 18th Street

Taxable ValueLand$508,537Additions$1,186,588Total$1,695,125
Tax Record2023$26,968 ($2,247 / month)
Home Facts
Total Finished SqFt3,046 SqFtAbove Grade Finished SqFt3,046 SqFtStories2Lot Size3,500 SqFtStyleQuadraplexYear Built1902Year Renovated1971CountyALAMEDAAPN21-219-1

Schools near 705 East 18th 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
Franklin Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Oakland 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.

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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 Keller Williams Realty, Joey Wang, DRE #01890931

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.