2020 81st Avenue

Oakland, CA 94621

$1,190,000
Price
8
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This well-maintained four units apartment providing a high cap rate at 7.86%. With full occupancy and parking for each units. On-time rent payments. Each unit has their own PG&E meters. Don't miss this chance to secure a high-yield investment property with significant upside potential.This well-maintained four units apartment providing a high cap rate at 7.86%. With full occupancy and parking for each units. On-time rent payments. Each unit has their own PG&E meters. Don't miss this chance to secure a high-yield investment property with significant upside potential.
  1. Listed by Steven Tam • DRE #02031695 • Brokerage DRE #02188495 • eXp Realty of Northern California, Inc.

Property Details for 2020 81st Avenue

Parking Features
Attached
Cross Street
Bancroft Avenue
Total Parking Spaces
4
LISTING UPDATED: 10/22/2024 01:33 AM

Property Details for 2020 81st Avenue

StatusActive
MLS #424071568
Days on Compass59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1965
Lot Size0.15 AC / 6,751 SF
CountyAlameda County

Building Information for 2020 81st Avenue

Stories-Residences4Year Built1965Building Size-Lot Size0.15 AC / 6,751 SF

Property Information for 2020 81st Avenue

Summary
Location and General Information
  • Area/District: Oakland Zip 94621
  • Area Short Display: 2621
  • Location Description: Oakland Zip 94621
Taxes and HOA Information
  • APN: 040337401400
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 4
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 4
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 4.0
  • Parking: Attached
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Lot Size Source: Not Verified
  • Lot Features: Private
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 10
  • Photos Provided By: Copy Existing Photo
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 0
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 13
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 1
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 2
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 1
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 10.07
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 9032.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 4
  • # Of Units Total: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: #101 - 2b1b
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $2,350.00
  • Unit 1 Approx SqFt: 800.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: #102 - 1b1b
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $2,050.00
  • Unit 2 Approx SqFt: 700.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 3
  • Unit 3 Description: #103 - 3b2b
  • Unit 3 Full Baths: 2
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $3,100.00
  • Unit 3 Approx SqFt: 1300.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: #104 - 2b1b
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $2,350.00
  • Unit 4 Approx SqFt: 800.0
  • Unit 4 SqFt Source: Not Measured
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 2020 81st 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 2020 81st Avenue

Taxable ValueLand$169,450Additions$395,385Total$564,835
Tax Record2024$11,033 ($919 / month)
Home Facts
Total Finished SqFt3,868 SqFtAbove Grade Finished SqFt3,868 SqFtStories2Lot Size6,750 SqFtStyleQuadraplexYear Built1965CountyALAMEDAAPN40-3374-14

Schools near 2020 81st 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 5
Rating
School
Distance
East Oakland Pride Elementary School
PublicK to 5

Frick United Academy of Language
Public6 to 8

Castlemont High
Public9 to 12

Aspire College Academy
CharterK to 5

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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Similar Sold Homes

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2020 81st Avenue is a multi-family home for sale in Oakland, CA 94621. This property was listed for sale on October 6, 2024 by eXp Realty of Northern California, Inc., it's currently listed at $1,190,000. It has been on the market for a total of 59 days and was last sold on October 11, 2013. This listing's school district is Oakland Unified School District. Nearby schools include East Oakland Pride Elementary School, Frick United Academy of Language and Castlemont High. 2020 81st Avenue is a 8-bed, 5-bath, multi-family home built in 1965.

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 eXp Realty of Northern California, Inc., Steven Tam, DRE #02031695

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.