Properties

Comm Ri Multi-units 5+ For Sale

4,532 Sqft - 1364 East 27th, OAKLAND, California 94606

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Property Description

Bella Vista Gardens is a stately 1920’s 5-unit apartment building and a single family home perched on a gentle slope next to Ivy Hill, just over 1 mile east of Lake Merritt in Oakland CA. The wood-framed stucco 5-plex has two 2-bedroom 1-bath units and three 1-bedroom 1-bath units and a non-conforming studio. The brown shingle home has 3 bedrooms and 2 bathrooms on an adjacent lot with the potential for development. Many units have been upgraded and some have views. Private and lush garden setting. The property has a 2-car garage at the base of the single family home which is surrounded by lush gardens and mature fruit trees. Residents benefit from easy access to the I-580, bay views, remodeled units, and plenty of open space. A new owner has the opportunity to split the lots by adding a sewer line and develop the site by adding square footage or a possible ADU. There is approximately up-side in the rents.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40944533
Price : $1,595,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,532 Sqft
Year Built : 1922
Lot Area : 0.22 Sqft
Features
Heating System : Wall Furnace
Basement : Apt In Basement
Roof : Unknown
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606
Street : East 27th
Street Number : 1364
Floor Number : 0
Longitude : W123° 45' 57.3''
Latitude : N37° 47' 51.4''
MLS Addon
Office Name : NICHOLAS MYERHOFF, BROKER
Building Type : 5 Or More Units
Area : Oakland Zip Code 94606
Address : 1364 East 27th
Cross Street : 14th Ave
Directions to Property : E 14th to E 27th then left
LA1User Code : R01866318
LA1Agent First Name : Nicholas
LA1Agent Last Name : Myerhoff
Status Category : Sold
Tot # Parking Spaces : 2
Tot # of Units : 6
Dist/Nbrhood/Sub : IVY HILL
Zoning : RM-1
List $/SqFt : $352
Age : 99
Apx Lot Sq Ft : 9,794 Sqft
Type of Building : Apt Complex
Annual Taxes : $26,406
Total Deposits : $0
ADDTL FEATURES MISC. : Garden
ALL UNITS HAVE : Dishwasher, Refrigerator, Updated Baths, Updated Kitchen
EQUIPMENT ADDITIONAL : Individual Electric Meter, Individual Gas Meter
EXTERIOR : Stucco, Wood Frame
FLOORING : Hardwood Floors
LOT DESCRIPTION : Partial Fence, Garden, Backyard
ON-SITE PARKING DESC : Detached Garage
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Property Tax/assessments, Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Refrigerator, Oven Range Free Standing
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 99
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Assumable Clear
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $133,080
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.46
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,595,000
Sold Price : $1,625,000
Previous Price : $1,595,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 0
Net Oper Income : 87077
Annual Mgmt Exp : 0
Annual License Exp : 2217
Annual Util Exp : 7661
Other Ann Exp : 0
Tot Ann Oper Exp : 39349
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 3065
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01980615
Gross Rent Multiplier : 12
ZIDX Only Street Name : East 27th
Buyer Agent DRE Num. : 01980615
Co List Agent DRE Num. : 01866318
List Agent DRE Num. : 01866318
LA1Agent License ID : 01866318
SA1Agent First Name : Louis
SA1Agent Last Name : Kwok
SA1Agent License ID : 01980615
SA1User Code : R01980615
Annual Vacancy : 6654
Gross Income : 126464
Listing Broker DRE Numbe : 01946412
Sale/Original $ : 102
Annual Exp Yr : 39349
Sale $/SqFt : 359
1st - Yrs Remaining : 0
Sale/Last List $ : 102
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 2235648, 2235649
Showing : Appointment only
SO1Office Abbreviation : OBOMM 01
SO1Office Name : MARCUS & MILLICHAP
LO1Main Office ID : 39706
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 18625
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1625000
Address Search Number : 1364
Listing Agent : 97675
Listing Office : 39706
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 291361
Buying Office 1 : 18625
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 19
Input Date : 07/04/2021 22:48:43
Update Date : 12/07/2021 18:11:17
PhotoTimestamp : 12/07/2021 18:11:17
First Photo Add Timestamp : 07/04/2021 22:48:45
List Date : 07/04/2021
Expire Date :
Pending Date : 05/05/2021
Closing Date : 09/07/2021
Status Date : 12/07/2021
Price Date : 12/07/2021
Off Market Date : 05/05/2021
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 07/04/2021
DOMLS : 28
Cumulative DOMLS : 28
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit 1 # Units This Type?: 2
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit 2 # Units This Type?: 3
Unit # 3 # of Bathrooms: 2
Unit # 3 # of Bedrooms: 3
Unit # 3 Approx. SqFt: 1280
Unit 3 # Units This Type?: 1
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40944533
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 4,532 Sqft
$1,595,000
Agent info
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