1511 17th Avenue

Oakland, CA 94606

$1,450,000
Price
Beds
5,136 Sq. Ft.
$282 / Sq. Ft.
5,136
Sq. Ft.
$282
per Sq. Ft.

Description

Presenting 1511 17th Avenue, a nine-unit value-add apartment building in Oakland offering substantial upside potential. The 5,136 square foot property includes one three-bedroom, two-bathroom single-family home, two two-bedroom, one-bathroom units, one one-bedroom, one-bathroom unit, and five studio apartments. With many rents near market, this property generates strong cash flow while providing investors the opportunity to add value through targeted upgrades and rent adjustments. Located in a thriving...Presenting 1511 17th Avenue, a nine-unit value-add apartment building in Oakland offering substantial upside potential. The 5,136 square foot property includes one three-bedroom, two-bathroom single-family home, two two-bedroom, one-bathroom units, one one-bedroom, one-bathroom unit, and five studio apartments. With many rents near market, this property generates strong cash flow while providing investors the opportunity to add value through targeted upgrades and rent adjustments. Located in a thriving Oakland neighborhood with access to transportation and local amenities, 1511 17th Avenue is an ideal investment for those seeking both immediate income and future appreciation in a competitive rental market. Property tours Friday and Saturday 10/4 -10/5 from 12-1:30pm
  1. Listed by Nolan Jones • DRE #01509417 • KELLER WILLIAMS TRI VALLEY REALTY

Property Details for 1511 17th Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Total # Parking Spaces
0
LISTING UPDATED: 10/08/2024 01:20 AM

Property Details for 1511 17th Avenue

StatusActive
MLS #41074997
Days on Compass52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1895
Lot Size0.16 AC / 7,000 SF
CountyAlameda County

Building Information for 1511 17th Avenue

Stories-Residences9Year Built1895Building Size-Lot Size0.16 AC / 7,000 SF

Property Information for 1511 17th Avenue

Features
Feature Details
  • Flooring: Partial Carpeting
Utility Details
  • Cooling: None
  • Heating: Other Heat
  • Water/Sewer: Water District
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Composition Shingles
  • Lot Description: Corner
  • Lot Sq Ft Apx: 7000
  • Lot Size Square Feet: 7000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 5136
  • Year Built: 1895
Location Details
  • Directions to Property: Make a right off of Foothill
  • FIPS Code: 06001
  • Census Tract: Oakland
  • Parcel Number: 20-166-10
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 9
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Rent: 1551
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Rent: 1832
Unit 3
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Rent: 1300
Unit 4
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Rent: 1300
Unit 5
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Rent: 1300
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: No Garage
Income / Expense Details
  • Annual Gross Sched Income: $174,340
  • Gross Income: $14,445
  • Gross Rent Multiplier: 8.36
Other Financial Information
  • Cap Rate: 6.74
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1511 17th 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 1511 17th Avenue

Taxable ValueLand$200,302Additions$601,496Total$801,798
Tax Record2024$17,826 ($1,486 / month)
Home Facts
Total Finished SqFt5,136 SqFtAbove Grade Finished SqFt5,136 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyALAMEDAAPN20-166-10

Schools near 1511 17th 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 - K to 8
Rating
School
Distance
Garfield Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Oakland High School
Public9 to 12

Aspire Eres Academy
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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1511 17th Avenue is a multi-family home for sale in Oakland, CA 94606. This property was listed for sale on October 1, 2024 by KELLER WILLIAMS TRI VALLEY REALTY, it's currently listed at $1,450,000. It has been on the market for a total of 52 days and was last sold on July 8, 2014. This listing's school district is Oakland Unified School District. Nearby schools include Garfield Elementary School, Roosevelt Middle School and Oakland High School. 1511 17th Avenue is a 0-bed, 0-bath, 5,136 sqft multi-family home built in 1895.

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 KELLER WILLIAMS TRI VALLEY REALTY, Nolan Jones, DRE #01509417

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.