1818 28th Avenue

Oakland, CA 94601

$948,000
Price
4
Beds
4
Baths
3,612 Sq. Ft.
$262 / Sq. Ft.
3,612
Sq. Ft.
$262
per Sq. Ft.

Description

What a great investment! 2 Duplexes total 4 Units. Do the numbers and be the first one to grab this unique property. Property features 4 Townhome (3,612 sqft) Style Units. All units are 1 bedroom, although the formal dining room is used as a second bedroom in all 4 units. Hard to find 4 units with separate gas/electricity meter, separate water meter. Each Unit has its own water heater. Convenient Front and Backyards for each family to enjoy gardeningand or BBQ. Attached garages to every unit. Oversize...What a great investment! 2 Duplexes total 4 Units. Do the numbers and be the first one to grab this unique property. Property features 4 Townhome (3,612 sqft) Style Units. All units are 1 bedroom, although the formal dining room is used as a second bedroom in all 4 units. Hard to find 4 units with separate gas/electricity meter, separate water meter. Each Unit has its own water heater. Convenient Front and Backyards for each family to enjoy gardeningand or BBQ. Attached garages to every unit. Oversize 12,663 sqft paved lot for extra parking (income). Current yearly Gross Rental Income is $71,940. Tenants pay all utilities except Garbage. Sewer Lateral Compliance. 1818 28th Ave offers a prime opportunity for owner occupants to acquire an exceptionally maintained asset with just 3.5% down ($33,180).
  1. Listed by Luz Delgado • DRE #01186047 • NeoTech Realty

Property Details for 1818 28th Avenue

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Attached Garage, Access - Interior
Park Spaces Total
12
Total # Parking Spaces
4
LISTING UPDATED: 10/16/2024 01:23 AM

Property Details for 1818 28th Avenue

StatusActive
MLS #41075927
Days on Compass14
Taxes$12,303 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1948
Lot Size0.29 AC / 12,663 SF
CountyAlameda County

Building Information for 1818 28th Avenue

Stories-Residences4Year Built1948Building Size-Lot Size0.29 AC / 12,663 SF

Property Information for 1818 28th Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Linoleum
  • Laundry: None
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Floor Furnace, Gas, Wall Furnace
  • Water/Sewer: Water - Public, Domestic Well Capped
  • Solar: None
Lot / Property Details
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Siding
  • Lot Description: Premium Lot
  • Lot Sq Ft Apx: 12663
  • Lot Size Square Feet: 12663.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3612
  • Yard Description: Back Yard, Fenced, Front Yard, Back Yard Fence, Low Maintenance, Partial Fence
  • Year Built: 1948
  • Zoning: Mult
  • Acres: 0.29
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: Foothill>28th
  • FIPS Code: 06001
  • Parcel Number: 25-727-10-10
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Some Units Have: Disposal
  • Units Total: 4
  • Basement: None
  • Parking Description: Attached Garage, Int Access From Garage, Private, Street Parking
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Month to Month, Security Deposit
  • Tenant Pays: Cable TV, Electric, Gas, Water
  • Financial Data Source: Owner, Property Manager, Rental Agreement
Income / Expense Details
  • Annual Expense Year: 2024
  • Annual Taxes $: $12,303
  • Annual Gross Fee Income: $74,340
  • Annual Gross Sched Income: $74,340
  • Annual Miscellaneous Income: $2,400
  • Annual Rental Income: $71,940
  • Gross Oper Income (Act): $65,080
  • Net Operating Income: $65,080
  • Annual Insurance Expense: $2,300
  • Annual License Expense: $1,800
  • Annual Maintance Expense: $500
  • Annual Management Expense: $3,600
  • Annual Total Oper Expense: $9,260
  • Annual Utility Expense: $1,560
  • Annual Vacancy Expense: $0
  • Operating Expenses: Garbage Collection
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 1818
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: No
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Parking Spaces 1: 2
  • Apx Sq Ft 1: 903
  • Rent 1: 1350
Unit 2 Details
  • Unit #/Address - 2: 1820
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: No
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 2
  • Apx Sq Ft 2: 903
  • Rent 2: 1695
Unit 3 Details
  • Unit #/Address - 3: 1822
  • Occupied By 3: Tenant
  • Dining Room 3: Yes
  • Air Cond 3: No
  • Fireplace 3: No
  • Refrigerator 3: No
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 2
  • Apx Sq Ft 3: 903
  • Rent 3: 1450
Unit 4 Details
  • Unit #/Address - 4: 1824
  • Occupied By 4: Tenant
  • Dining Room 4: Yes
  • Air Cond 4: No
  • Fireplace 4: No
  • Refrigerator 4: No
  • Range/Oven 4: Yes
  • Bedrooms 4: 1
  • Bathrooms 4: 1
  • Parking Spaces 4: 2
  • Apx Sq Ft 4: 903
  • Rent 4: 1500
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Cable TV, Wired For
  • Total Deposits: 4595
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 1818 28th 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 1818 28th Avenue

Taxable ValueLand$240,000Additions$560,000Total$800,000
Tax Record2023$12,303 ($1,025 / month)
Home Facts
Total Finished SqFt3,612 SqFtAbove Grade Finished SqFt3,612 SqFtStories2Lot Size12,663 SqFtStyleQuadraplexYear Built1948CountyALAMEDAAPN25-727-10-10

Schools near 1818 28th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Think College Now School
PublicK to 5

International Community School
PublicK to 5

United For Success Academy
Public6 to 8

Urban Promise 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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1818 28th Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on October 9, 2024 by NeoTech Realty, it's currently listed at $948,000. It has been on the market for a total of 14 days and was last sold on August 30, 2023. This listing's school district is Oakland Unified School District. Nearby schools include Think College Now School, International Community School and United For Success Academy. 1818 28th Avenue is a 4-bed, 4-bath, 3,612 sqft multi-family home built in 1948.

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 NeoTech Realty, Luz Delgado, DRE #01186047

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.