1627 94th Avenue

Oakland, CA 94603

$880,000
Price
7
Beds
4
Baths
1,800 Sq. Ft.
$489 / Sq. Ft.
1,800
Sq. Ft.
$489
per Sq. Ft.

Description

Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected...Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won't last.
  1. Listed by Quan Zou • DRE #02133826 • Fathom Realty Group, Inc

Property Details for 1627 94th Avenue

City
OAKLAND
Building Type
2HOUSES-1LOT
Property Sub Type
2HOUSES-1LOT
Park Spaces Total
6
Total # Parking Spaces
6
LISTING UPDATED: 04/30/2024 04:39 PM

Property Details for 1627 94th Avenue

StatusActive
MLS #41056162
Days on Compass221
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2HOUSES-1LOT
Year Built1950
Lot Size0.16 AC / 7,000 SF
CountyAlameda County

Building Information for 1627 94th Avenue

Stories-Residences2Year Built1950Building Size-Lot Size0.16 AC / 7,000 SF

Property Information for 1627 94th Avenue

Features
Feature Details
  • Flooring: Laminate
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: Ceiling Fan(s), Room Air
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public, Meter on Site
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas, Tankless Water Heater, Secured Access, Security Gate, Smoke Detector, All Public Utilities, Cable Available, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Dual Pane Windows, Stucco
  • Lot Description: 2 Houses / 1 Lot
  • Lot Sq Ft Apx: 7000
  • Lot Size Square Feet: 7000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 1800
  • Yard Description: Back Yard, Fenced, Front Yard, Full Fence
  • Year Built: 1950
  • Acres: 0.16
Location Details
  • Directions to Property: 98th Ave to MacArthur Blvd to 94th
  • FIPS Code: 06001
  • Parcel Number: 46-5434-17
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Parking Description: Carport - 2 Or More, Uncovered Park Spaces 2+, Street Parking, 4-7 Cars
  • Existing Lease Terms: Security Deposit, Written Agreement, Year Lease
  • Tenant Pays: Cable TV, Electric, Gardener, Gas, Water
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 1631
  • Occupied By 1: Tenant
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 4
  • Bathrooms 1: 2
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 1000
  • Rent 1: 3415
Unit 2 Details
  • Unit #/Address - 2: 1627
  • Occupied By 2: Tenant
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 3
  • Bathrooms 2: 2
  • Apx Sq Ft 2: 800
  • Rent 2: 3180
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Shower Stall(s), Tub w/Shower Over
Additional Information
Additional Information
  • Fireplace: No

Property History for 1627 94th 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 1627 94th Avenue

Taxable ValueLand$232,685Additions$542,932Total$775,617
Tax Record2024$12,223 ($1,019 / month)
Home Facts
Beds5Total Finished SqFt1,870 SqFtAbove Grade Finished SqFt1,870 SqFtStories1Lot Size7,000 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1956CountyALAMEDAAPN46-5434-17

Schools near 1627 94th 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
Public - 6 to 8
Rating
School
Distance
Reach Academy Elementary
PublicK to 5

Elmhurst United Middle
Public6 to 8

Castlemont High
Public9 to 12

Alliance Academy
Public6 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.

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1627 94th Avenue is a multi-family home for sale in Oakland, CA 94603. This property was listed for sale on April 15, 2024 by Fathom Realty Group, Inc, it's currently listed at $880,000. It has been on the market for a total of 221 days and was last sold on April 7, 2022. This listing's school district is Oakland Unified School District. Nearby schools include Reach Academy Elementary, Elmhurst United Middle and Castlemont High. 1627 94th Avenue is a 7-bed, 4-bath, 1,800 sqft multi-family home built in 1950.

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 Fathom Realty Group, Inc, Quan Zou, DRE #02133826

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.