1066 54th Street

Oakland, CA 94608

$995,000
Price
Beds
Baths
4,050 Sq. Ft.
$246 / Sq. Ft.
4,050
Sq. Ft.
$246
per Sq. Ft.

Description

Huge North Oakland investment with strong current income and excellent rental upside. Current cap rate is 8.0% and the current GRM is 7.31. The property offers a total of five units consisting of a 4bd/1.5bth top-floor flat, a 2bd/1bth lower level flat, a 2bd/1bth attic unit, and two studio units in the rear building. The property was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top flat and...Huge North Oakland investment with strong current income and excellent rental upside. Current cap rate is 8.0% and the current GRM is 7.31. The property offers a total of five units consisting of a 4bd/1.5bth top-floor flat, a 2bd/1bth lower level flat, a 2bd/1bth attic unit, and two studio units in the rear building. The property was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top flat and back studio unit can be delivered vacant making it perfect for an owner-occupant or investor seeking high market rents. Many of the units have been updated over time and offer newer kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. There is a nice backyard area that’s perfect for gardening, BBQs, etc. This North Oakland location is near countless restaurants, coffee shops, grocery stores and shopping and only a short commute to Downtown Oakland, Temescal, Emeryville, Berkeley, and San Francisco.
  1. Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc

Property Details for 1066 54th Street

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage/Parking
Other
Park Spaces Total
8
LISTING UPDATED: 12/30/2024 06:04 AM

Property Details for 1066 54th Street

StatusActive
MLS #41078637
Days on Compass117
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1908
Lot Size0.11 AC / 5,000 SF
CountyAlameda County

Building Information for 1066 54th Street

Stories-Residences3Year Built1908Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 1066 54th Street

Features
Feature Details
  • Flooring: Other
  • Laundry: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 5000
  • Lot Size Square Feet: 5000.0
  • Roof: Other
  • Sq Ft Apx: 4050
  • Yard Description: Other
  • Year Built: 1908
  • Acres: 0.12
Location Details
  • Directions to Property: San Pablo Ave right on 54th St
  • FIPS Code: 06001
  • Parcel Number: 13-1185-6
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 3
  • Basement: Other
  • Parking Description: Other
  • Existing Lease Terms: Other
  • Tenant Pays: Other
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 1066 54th 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 1066 54th Street

Taxable ValueLand$336,600Additions$785,400Total$1,122,000
Tax Record2024$17,503 ($1,459 / month)
Home Facts
Total Finished SqFt2,255 SqFtAbove Grade Finished SqFt2,255 SqFtStories3Lot Size5,000 SqFtStyleTriplexYear Built1908CountyALAMEDAAPN13-1185-6

Schools near 1066 54th 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 5
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 5

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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1066 54th Street is a multi-family home for sale in Oakland, CA 94608. This property was listed for sale on November 9, 2024 by The Pinza Group, Inc, it's currently listed at $995,000. This listing's school district is Oakland Unified School District. Nearby schools include Sankofa United Elementary School, Claremont Middle School and Oakland Technical High School. 1066 54th Street is a 0-bed, 0-bath, 4,050 sqft multi-family home built in 1908.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

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.