1541 50th Avenue

Oakland, CA 94601

$780,000
Price
Beds
3,030 Sq. Ft.
$257 / Sq. Ft.
3,030
Sq. Ft.
$257
per Sq. Ft.

Description

Presenting a 6-unit residential building located at 1541 50th Ave, Oakland. This property has been retrofitted and features six 2-bedroom, 1-bath units, offering a total building area of 3,030 square feet. Each unit provides one parking space, ideal for long-term tenants. The property has demonstrated consistent rental income, with no vacancies in the last 10 years, making it a stable investment. This property is in close proximity to schools, parks, public transportation, and major freeways, providing...Presenting a 6-unit residential building located at 1541 50th Ave, Oakland. This property has been retrofitted and features six 2-bedroom, 1-bath units, offering a total building area of 3,030 square feet. Each unit provides one parking space, ideal for long-term tenants. The property has demonstrated consistent rental income, with no vacancies in the last 10 years, making it a stable investment. This property is in close proximity to schools, parks, public transportation, and major freeways, providing easy access to all that the Bay Area has to offer. With its strong tenant history, excellent location, and potential for value-add improvements, 1541 50th Ave is a perfect opportunity for investors seeking long-term returns in the competitive Oakland rental market. Don’t miss this chance to own a prime income-generating property with steady cash flow.
  1. Listed by Tania Seabock • DRE #01893799 • Coldwell Banker Realty

Property Details for 1541 50th Avenue

City
OAKLAND
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Assigned Spaces, Parking Area
Total # Parking Spaces
6
LISTING UPDATED: 10/20/2024 02:05 PM

Property Details for 1541 50th Avenue

StatusActive
MLS #41075215
Days on Compass14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.14 AC / 6,250 SF
CountyAlameda County

Building Information for 1541 50th Avenue

Stories-Residences6Year Built1961Building Size-Lot Size0.14 AC / 6,250 SF

Property Information for 1541 50th Avenue

Features
Feature Details
  • Flooring: Linoleum, Carpet
  • Laundry: Coin Operated, Dryer, In Laundry Room, Washer
Utility Details
  • Cooling: None
  • Heating: Wall Furnace, MultiUnits
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer, Window Coverings, Carbon Mon Detector, Smoke Detector, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 6250
  • Lot Size Square Feet: 6250.0
  • Roof: Flat
  • Sq Ft Apx: 3030
  • Year Built: 1961
Location Details
  • Directions to Property: Bancroft to 50th
  • FIPS Code: 06001
  • Census Tract: 4074/2
  • Parcel Number: 35-2361-7
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Refrigerator
  • Some Units Have: Disposal
  • Units Total: 6
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas, Other
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Electric, Gas, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Dining Room: Yes
  • Unit # 1 Air Cond: No
  • Unit # 1 Fireplace: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 Dining Room: Yes
  • Unit # 2 Air Cond: No
  • Unit # 2 Fireplace: No
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 Range Oven: Yes
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 Dining Room: Yes
  • Unit # 3 Air Cond: No
  • Unit # 3 Fireplace: No
  • Unit # 3 Refrigerator: Yes
  • Unit # 3 Range Oven: Yes
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Dining Room: Yes
  • Unit # 4 Air Cond: No
  • Unit # 4 Fireplace: No
  • Unit # 4 Refrigerator: Yes
  • Unit # 4 Range Oven: Yes
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Dining Room: Yes
  • Unit # 5 Air Cond: No
  • Unit # 5 Fireplace: No
  • Unit # 5 Refrigerator: Yes
  • Unit # 5 Range Oven: Yes
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 1
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage
  • Apx Lot Acres: 0
  • Inspection Reports Available: Pest, Roof, Estoppel Certificate, Preliminary Title Report
  • On Site Parking Description: Carport - 1, Parking Area, Spaces - Assigned
  • Total Deposits: 6000
Income / Expense Details
  • Annual Vacancy: 0.0
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1541 50th 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 1541 50th Avenue

Taxable ValueLand$140,128Additions$326,966Total$467,094
Tax Record2023$11,599 ($967 / month)
Home Facts
Total Finished SqFt3,030 SqFtAbove Grade Finished SqFt3,030 SqFtStories2Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1962CountyALAMEDAAPN35-2361-7

Schools near 1541 50th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bridges Academy at Melrose
PublicK to 5

Urban Promise Academy
Public6 to 8

United For Success Academy
Public6 to 8

Fremont High
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.

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1541 50th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on October 9, 2024 by Coldwell Banker Realty, it's currently listed at $780,000. This listing's school district is Oakland Unified School District. Nearby schools include Bridges Academy at Melrose, Urban Promise Academy and United For Success Academy. 1541 50th Avenue is a 0-bed, 0-bath, 3,030 sqft multi-family home built in 1961.

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 Coldwell Banker Realty, Tania Seabock, DRE #01893799

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.