770-772 55th Street

Oakland, CA 94609

$1,170,000
Last Sold Price
Beds
1,400 Sq. Ft.
$836 / Sq. Ft.
1,400
Sq. Ft.
$836
per Sq. Ft.

Description

Newly rebuilt duplex from the ground up in 2020. Great for investors or owner occupy with extra income from other unit. Conversion to residential units and all work done with permits. Side by side units with separate electric/gas and water meters. Both units have same floor plans, 2 beds/2 baths and amenities. Engineered wood floors, recessed lights and double paned windows throughout. Skylight in the living room, primary room and both bathrooms. Stacked washer/dryer in closet. Kitchen with Quartz...Newly rebuilt duplex from the ground up in 2020. Great for investors or owner occupy with extra income from other unit. Conversion to residential units and all work done with permits. Side by side units with separate electric/gas and water meters. Both units have same floor plans, 2 beds/2 baths and amenities. Engineered wood floors, recessed lights and double paned windows throughout. Skylight in the living room, primary room and both bathrooms. Stacked washer/dryer in closet. Kitchen with Quartz countertops and wood cabinets with stainless steel appliances. Bathrooms with Quartz vanity tops and wood cabinets. Unit 772 is owner occupied and unit 770 is tenant occupied. Seller is a licensed realtor.
  1. Listed by Julia Leung • DRE #01207092 • BRG Realty • 650-283-2837

Property Details for 770-772 55th Street

MLS City Name
OAKLAND
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
0
Cross Street
Martin Luther Ki

Location

Listing Courtesy of BRG Realty, Julia Leung, DRE #01207092

Sold By Real Brokerage Technologies, Shez Rahman, DRE #02139562

Add your commute
LISTING UPDATED: 06/28/2023 03:45 PM

Property Details for 770-772 55th Street

StatusSold
MLS #ML81928635
Days on Compass19
Taxes$15,510 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1939
Lot Size0.06 AC / 2,550 SF
CountyAlameda County

Location

Listing Courtesy of BRG Realty, Julia Leung, DRE #01207092

Sold By Real Brokerage Technologies, Shez Rahman, DRE #02139562

Add your commute

Building Information for 770-772 55th Street

Stories1Residences2Year Built1939Building Size-Lot Size0.06 AC / 2,550 SF

Payment Calculator

$7,678 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,385

Property Taxes

$1,293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 770-772 55th Street

Features
Room Information
  • Kitchen: Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
Features
  • Amenities: Skylight
  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Low Flow Shower , Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller
  • Fireplace: No
  • Flooring: Laminate
  • Laundry: Washer / Dryer
  • Living SqFt: 1400
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Carport , Off-Site Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Oakland Zip Code 94609
  • Roof: Flat / Low Pitch
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 770-772
  • Street Name: 55th
  • Street Suffix: Street
  • Area ID: 2609
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 1400
  • Structure SqFt Source: Assessor
  • Age: 84
Development Information
  • Ownership Type: Individual
  • Zoning Detail: Residential
Location Information
  • City Limits: Yes
  • Directions: Exit Martin Luther King Jr Way, turn right on 55th Street
  • Incorporated: No
  • Parcel Number: 014-1209-016
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94609
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .06
  • Lot Description: Zero Lot Line
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
General Information
  • Annual Tax Amount: $15,510
  • Building Unit Total: 2
  • Capitalization Rate: 1.15
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $880
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $16,390
  • Operating Expenses Include: Insurance
  • Gross Rent Multiplier: 39.33
  • Income Annual Gross: $30,000
  • Income Annual Rental: $30,000
  • Income Gross Scheduled: $30,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 700
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 700

Property History for 770-772 55th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 770-772 55th 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 - K to 8
Rating
School
Distance
Sankofa United Elementary School
PublicK to 5

Claremont Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

North Oakland Community Charter School
CharterK to 8

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 BRG Realty, Julia Leung, DRE #01207092

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.