2802 38th Avenue

Oakland, CA 94619

$800,000
Price
7
Beds
4
Baths
3,171 Sq. Ft.
$252 / Sq. Ft.
3,171
Sq. Ft.
$252
per Sq. Ft.

Description

Oakland’s 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park,...Oakland’s 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park, Joaquin Miller Park, etc.), schools (Allendale Elementary, Laurel Elementary, etc.), and the vibrant shopping of both Fruitvale Avenue and MacArthur Boulevard, tenants with families will especially love the versatility of this residence. From a property management standpoint, this is a no-frills investment that requires little in the way of regular expenses because tenants pay for all utilities (excluding garbage). Listed at a very modest $800,000.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 2802 38th Avenue

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
1
Total # Parking Spaces
1
LISTING UPDATED: 11/20/2024 12:28 PM

Property Details for 2802 38th Avenue

StatusNew
MLS #41079333
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1925
Lot Size0.08 AC / 3,493 SF
CountyAlameda County

Building Information for 2802 38th Avenue

Stories-Residences4Year Built1925Building Size-Lot Size0.08 AC / 3,493 SF

Property Information for 2802 38th Avenue

Features
Feature Details
  • Flooring: Carpet, Concrete Slab, Laminate, Tile
Utility Details
  • Cooling: Room Air
  • Heating: Electric, Gas, Hot Water, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: All Public Utilities, Carbon Mon Detector, Individual Electric Meter, Individual Gas Meter, Natural Gas Available, Natural Gas Connected, Smoke Detector, Water Heater Gas, Window Coverings, Window Security Bars
  • City Transfer Tax: Yes
  • Exterior: Concrete, Shingles, Siding - Shingle, Siding - Stucco, Wood, Wood Frame, Wood Siding
  • Lot Description: Corner, Level, Partial Fence, Paved, Wood
  • Lot Sq Ft Apx: 3493
  • Lot Size Square Feet: 3493.0
  • Roof: Shingle
  • Sq Ft Apx: 3171
  • Yard Description: Fenced, Patio
  • Year Built: 1925
  • Acres: 0.08
Location Details
  • Directions to Property: SouthEast on Allendale Ave, Right on 38th Ave
  • FIPS Code: 06001
  • Census Tract: 4070.00
  • Parcel Number: 32-2054-31
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Oven Range Free Standing
  • Some Units Have: Deck, Patio, Updated Baths, Updated Kitchen
  • Units Total: 4
  • Basement: None
  • Parking Description: Carport - 1, No Garage, On Street, Uncovered Parking Space
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: None
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Annual Gross Sched Income: $90,384
  • Operating Expenses: Insurance, License/Ads, Maintenance/Repair, Property Tax/Assessments, Trash Removal
Unit 1 Details
  • Unit #/Address - 1: 2800
  • Occupied By 1: Tenant
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 525
  • Rent 1: 1400
Unit 2 Details
  • Unit #/Address - 2: 2802
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 845
  • Rent 2: 2300
Unit 3 Details
  • Unit #/Address - 3: 2808
  • Occupied By 3: Tenant
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 448
  • Rent 3: 1182
Unit 4 Details
  • Unit #/Address - 4: 2810
  • Occupied By 4: Tenant
  • Bedrooms 4: 3
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 901
  • Rent 4: 2650
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 525
  • Unit # 1 Rent: 1400
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 845
  • Unit # 2 Rent: 2300
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Approx SqFt: 448
  • Unit # 3 Rent: 1182
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 3
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Approx SqFt: 901
  • Unit # 4 Rent: 2650
Building Details
  • Additional Features-Misc: Balcony/Patio
  • ADDTL MISC FEATURES: Balcony/Patio
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Roof, Structural Pest Control
  • On Site Parking Description: Carport - 1, No Garage, On Street, Uncovered Parking Space
Income / Expense Details
  • Annual Gross Sched Income: $90,384
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2802 38th 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 2802 38th Avenue

Taxable ValueLand$176,360Additions$359,228Total$535,588
Tax Record2024$9,463 ($789 / month)
Home Facts
Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories1Lot Size3,493 SqFtStyleOffice BuildingYear Built1925CountyALAMEDAAPN32-2054-31

Schools near 2802 38th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Allendale Elementary School
PublicK to 5

Bret Harte Middle School
Public6 to 9

Skyline High School
Public9 to 12

Learning Without Limits School
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.

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2802 38th Avenue is a multi-family home for sale in Oakland, CA 94619. This property was listed for sale on November 14, 2024 by Keller Williams Realty, it's currently listed at $800,000. It has been on the market for a total of 0 days and was last sold on October 19, 2016. This listing's school district is Oakland Unified School District. Nearby schools include Allendale Elementary School, Bret Harte Middle School and Skyline High School. 2802 38th Avenue is a 7-bed, 4-bath, 3,171 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 Keller Williams Realty, Joey Wang, DRE #01890931

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.