1621 East 38th Street

Oakland, CA 94602

$899,000
Price
5
Beds
Baths
1,631 Sq. Ft.
$551 / Sq. Ft.
1,631
Sq. Ft.
$551
per Sq. Ft.

Description

Added Value Triplex! This property is listed, per the county, as a duplex, but there is an ADU conversion, non-conforming, that can potentially bring in more money once the unit is legal. The property is in great shape, the neighborhood is great, and of course, the tenants are great! The owner is working with the city to legalize the ADU but is looking for a buyer to take over the project. Once the ADU is legalized, we will go back onto the market at a higher list price. This is YOUR OPPORTUNITY...Added Value Triplex! This property is listed, per the county, as a duplex, but there is an ADU conversion, non-conforming, that can potentially bring in more money once the unit is legal. The property is in great shape, the neighborhood is great, and of course, the tenants are great! The owner is working with the city to legalize the ADU but is looking for a buyer to take over the project. Once the ADU is legalized, we will go back onto the market at a higher list price. This is YOUR OPPORTUNITY to own an added-value property. Do not miss out!
  1. Listed by John L. Morra • DRE #01884598 • CENTURY 21 Real Estate Alliance

Property Details for 1621 East 38th Street

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Park Spaces Total
0
LISTING UPDATED: 12/14/2024 12:19 AM

Property Details for 1621 East 38th Street

StatusActive
MLS #41080322
Days on Compass89
Taxes$14,612 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / TRIPLEX
Year Built1925
Lot Size0.04 AC / 1,700 SF
CountyAlameda County

Building Information for 1621 East 38th Street

Stories-Residences3Year Built1925Building Size-Lot Size0.04 AC / 1,700 SF

Property Information for 1621 East 38th Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Level, Premium Lot
  • Lot Sq Ft Apx: 1700
  • Lot Size Square Feet: 1700.0
  • Roof: Other
  • Sq Ft Apx: 1631
  • Yard Description: Fenced, Patio Enclosed
  • Year Built: 1925
  • Acres: 0.04
Location Details
  • Directions to Property: Map quest Address
  • FIPS Code: 06001
  • Parcel Number: 23-490-2-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
  • Street Direction: E
Multi Family Information
General Details
  • Units Total: 3
  • Basement: None
  • Parking Description: Street Parking
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner, Projected, Property Manager
Income / Expense Details
  • Annual Expense Year: 29292
  • Annual Taxes $: $14,612
  • Annual Gross Sched Income: $82,932
  • Annual Miscellaneous Income: $10,332
  • Annual Rental Income: $72,600
  • Net Operating Income: $53,640
  • Annual Insurance Expense: $1,790
  • Annual License Expense: $1,008
  • Annual Maintance Expense: $1,532
  • Annual Utility Expense: $10,993
  • Annual Vacancy Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 1621
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 3
  • Bathrooms 1: 1
  • Parking Spaces 1: 0
  • Rent 1: 3195
Unit 2 Details
  • Unit #/Address - 2: 1621A
  • Occupied By 2: Vacant
  • Dining Room 2: No
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: No
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 0
  • Rent 2: 1850 est
Unit 3 Details
  • Unit #/Address - 3: 1623
  • Occupied By 3: Tenant
  • Dining Room 3: Yes
  • Air Cond 3: No
  • Fireplace 3: Yes
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 0
  • Rent 3: 1862
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
Additional Information
Additional Information
  • Fireplace: No

Property History for 1621 East 38th 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 1621 East 38th Street

Taxable ValueLand$268,469Additions$626,429Total$894,898
Tax Record2024$13,545 ($1,129 / month)
Home Facts
Total Finished SqFt1,631 SqFtAbove Grade Finished SqFt1,631 SqFtStories1Lot Size1,700 SqFtStyleDuplexYear Built1925CountyALAMEDAAPN23-490-2-1

Schools near 1621 East 38th 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 - 9 to 12
Rating
School
Distance
Glenview Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
Public9 to 12

Oakland Charter High School
Charter9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1621 East 38th Street is a multi-family home for sale in Oakland, CA 94602. This property was listed for sale on December 7, 2024 by CENTURY 21 Real Estate Alliance, it's currently listed at $899,000. It has been on the market for a total of 89 days and was last sold on August 10, 2005. This listing's school district is Oakland Unified School District. Nearby schools include Glenview Elementary School, Edna Brewer Middle School and Oakland High School. 1621 East 38th Street is a 5-bed, 3-bath, 1,631 sqft multi-family home built in 1925.

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 CENTURY 21 Real Estate Alliance, John L. Morra, DRE #01884598

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.