991 Vermont Street

Oakland, CA 94610

$1,940,000
Last Sold Price
Beds
5,187 Sq. Ft.
$374 / Sq. Ft.
5,187
Sq. Ft.
$374
per Sq. Ft.

Description

989-991 Vermont Street in Oakland's Grand Lake submarket is situated on a quiet residential street near the Piedmont border. This pride of ownership 8,830± SF parcel uniquely features TWO well-maintained structures on one lot! The charming duplex is original & consists of (2) spacious 1+BD/1BA flats approx. 920± SF with hardwood floors and in-unit laundry with surrounding views; tenants pay PG&E. The fourplex is hidden from street view with (4) 2BD/1BA units approx. 750± SF. Each unit has personal...989-991 Vermont Street in Oakland's Grand Lake submarket is situated on a quiet residential street near the Piedmont border. This pride of ownership 8,830± SF parcel uniquely features TWO well-maintained structures on one lot! The charming duplex is original & consists of (2) spacious 1+BD/1BA flats approx. 920± SF with hardwood floors and in-unit laundry with surrounding views; tenants pay PG&E. The fourplex is hidden from street view with (4) 2BD/1BA units approx. 750± SF. Each unit has personal laundry & storage rooms equipped with water heaters & washers/dryers. Utilities are individually metered, tenants pay PG&E & EBMUD. Other features include (6) carports to accommodate off-street parking with a 1:1 ratio; and a shared outdoor patio separating the two structures. Boasting a "Walker's Paradise" Walk Score® of 90, don't miss the rare opportunity to acquire this stable asset in one of Oakland's most desirable submarkets!
  1. Listed by JENNIFER LOH • DRE #01518364 • LOH Realty & Investments

Property Details for 991 Vermont Street

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage Spaces
0
Garage/Parking
Off-Site Parking, Spaces per Unit - 1
Total # Parking Spaces
6

Location

Listing Courtesy of LOH Realty & Investments, JENNIFER LOH, DRE #01518364

Sold By NAI Northern California, Timothy Warren, DRE #02008347

Add your commute
LISTING UPDATED: 08/26/2022 03:00 AM

Property Details for 991 Vermont Street

StatusSold
MLS #40985918
Days on Compass91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1945
Lot Size0.20 AC / 8,830 SF
CountyAlameda County

Location

Listing Courtesy of LOH Realty & Investments, JENNIFER LOH, DRE #01518364

Sold By NAI Northern California, Timothy Warren, DRE #02008347

Add your commute

Building Information for 991 Vermont Street

Stories-Residences6Year Built1945Building Size-Lot Size0.20 AC / 8,830 SF

Payment Calculator

$13,186 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,587

Property Taxes

$2,599

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 991 Vermont Street

Features
Feature Details
  • Flooring: Engineered Wood, Hardwood Floors, Laminate, Linoleum, Other, Partial Carpeting
  • Laundry: Washer
Room Details
  • Rooms Total: 0
  • Additional Rooms: Basement - Unfinished
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: None
  • Heating: Forced Air 1 Zone, Gas, Other Heat, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Master Electric Meter, Master Gas Meter, Other, See Remarks, Washer, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: 2 Houses / 1 Lot, See Remarks
  • Lot Sq Ft Apx: 8830
  • Lot Size Square Feet: 8830.0
  • Roof: See Remarks
  • Sq Ft Apx: 5187
  • Stories: 0.0
  • Year Built: 1945
Location Details
  • Directions to Property: Grand, to Weldon, to Vermont
  • FIPS Code: 06001
  • Census Tract: 4038
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: Separate Entry, Unfinished, Other
  • Tenant Pays: Electric, Gas, Other
  • Financial Data Source: Estimated, Owner, Projected
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 4
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 750
Unit 2
  • Unit 2 # Units This Type?: 2
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 920
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage, Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Carports - 2 Or More, Covered Parking, Off Site Parking, Space Per Unit - 1
  • 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: $0
  • Gross Operating Actual Income: $0
  • Gross Rent Multiplier: 12.85
  • Net Operating Income: $0
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 5.07
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 991 Vermont 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 991 Vermont Street

Taxable ValueLand$582,000Additions$1,355,500Total$1,937,500
Tax Record2023$31,189 ($2,599 / month)
Home Facts
Total Finished SqFt5,187 SqFtAbove Grade Finished SqFt5,187 SqFtStories2Lot Size8,830 SqFtStyleMulti-Family Res (5+ Units)Year Built1945CountyALAMEDAAPN11-852-9-3

Schools near 991 Vermont 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
Public - 9 to 12
Rating
School
Distance
Cleveland 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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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 LOH Realty & Investments, JENNIFER LOH, DRE #01518364

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.