879 West Grand Avenue

Oakland, CA 94607

$1,250,000
Price
12
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Ideal for investment or a 1031 Exchange boasting a high cap rate, this distinctive four-unit property offers a blend of passive income from residential units and a billboard structure. Each unit features 3 bedrooms and 1 bathroom, with one unit recently updated. The property is enhanced by a spacious backyard and a secure gated entry. Enjoy close proximity to the Bay Bridge, freeways, and downtown Oakland, making it a strategic location for potential investors.Ideal for investment or a 1031 Exchange boasting a high cap rate, this distinctive four-unit property offers a blend of passive income from residential units and a billboard structure. Each unit features 3 bedrooms and 1 bathroom, with one unit recently updated. The property is enhanced by a spacious backyard and a secure gated entry. Enjoy close proximity to the Bay Bridge, freeways, and downtown Oakland, making it a strategic location for potential investors.
  1. Listed by Egan Lim • DRE #01914926 • Realty World Bay Area Real Estate

Property Details for 879 West Grand Avenue

Cross Street
Market Street
Total Parking Spaces
0

Location

Listing Courtesy of Realty World Bay Area Real Estate, Egan Lim, DRE #01914926
Add your commute
LISTING UPDATED: 04/18/2024 04:39 PM

Property Details for 879 West Grand Avenue

StatusActive
MLS #424014823
Days on Compass52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built-
Lot Size0.09 AC / 4,016 SF
CountyAlameda County

Location

Listing Courtesy of Realty World Bay Area Real Estate, Egan Lim, DRE #01914926
Add your commute

Building Information for 879 West Grand Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.09 AC / 4,016 SF

Payment Calculator

$8,356 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,534

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 879 West Grand Avenue

Summary
Location and General Information
  • Area/District: Oakland Zip 94607
  • Area Short Display: 2607
  • Location Description: Oakland Zip 94607
Taxes and HOA Information
  • APN: 003-0029-002
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Shape Regular, Other
Property and Assessments
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Possession: Close of Escrow
  • Picture Count: 10
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available, Natural Hazard Disclosure Available
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 0
  • Levels: Two
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 24
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 3
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 3
2 Bedroom Unit
  • # of 2 Bedroom Units: 3
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 3
3 Bedroom Unit
  • # of 3 Bedroom Units: 3
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 3
4 Bedroom Unit
  • # of 4 Bedroom Units: 3
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 3
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 9.84
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 4
  • # Of Units Total: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 4
Unit 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Description: 3 bedrooms and 1 bathroom
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $2,800.00
  • Unit 1 Approx SqFt: 759.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Description: 3 bedrooms and 1 bathroom
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $2,450.00
  • Unit 2 Approx SqFt: 759.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 3
  • Unit 3 Description: 3 bedrooms and 1 bathroom
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $2,000.00
  • Unit 3 Approx SqFt: 759.0
  • Unit 3 # of Rooms: 6
Unit 4
  • Unit 4 Bedrooms: 3
  • Unit 4 Description: 3 bedrooms and 1 bathroom
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $3,200.00
  • Unit 4 Approx SqFt: 759.0
  • Unit 4 # of Rooms: 6
Rental
Rent Information
  • Lease Term: Other
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 879 West Grand 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 879 West Grand Avenue

Taxable ValueLand$321,300Additions$749,700Total$1,071,000
Tax Record2023$18,403 ($1,534 / month)
Home Facts
Total Finished SqFt3,036 SqFtAbove Grade Finished SqFt3,036 SqFtStories2Lot Size4,017 SqFtStyleQuadraplexYear Built1922CountyALAMEDAAPN3-29-2

Schools near 879 West Grand 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
Charter - 6 to 12
Rating
School
Distance
Martin Luther King, Jr. Elementary School
PublicK to 5

West Oakland Middle School
Public6 to 8

Mcclymonds 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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879 West Grand Avenue is a multi-family home for sale in Oakland, CA 94607. This property was listed for sale on March 11, 2024 by Realty World Bay Area Real Estate, it's currently listed at $1,250,000. It has been on the market for a total of 52 days and was last sold on October 15, 2021. This listing's school district is Oakland Unified School District. Nearby schools include Martin Luther King, Jr. Elementary School, West Oakland Middle School and Mcclymonds High School. 879 West Grand Avenue is a 12-bed, 4-bath, multi-family home.

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 Realty World Bay Area Real Estate, Egan Lim, DRE #01914926

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.