305 Vernon Street

Oakland, CA 94610

$1,900,000
Price
Beds
6,518 Sq. Ft.
$292 / Sq. Ft.
6,518
Sq. Ft.
$292
per Sq. Ft.

Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income...To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods? —Two blocks away. Lake Merritt? —Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue? —A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E? —A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 305 Vernon Street

City
OAKLAND
Dist Neighborhood Subdiv
ADAMS POINT
Building Type
Apt Complex
Property Sub Type
Apt Complex
Total # Parking Spaces
4
LISTING UPDATED: 08/15/2024 01:08 PM

Property Details for 305 Vernon Street

StatusActive
MLS #41066059
Days on Compass129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1912
CountyAlameda County

Building Information for 305 Vernon Street

Building/Complex305 Vernon StFloor-Stories-Residences9Pet Policy-Year Built1912Building Size-

Property Information for 305 Vernon Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile, Vinyl, Carpet
  • Laundry: 220 Volt Outlet, Common Room, Inside Unit
Room Details
  • Additional Rooms: Basement - Finished
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Water Heater Gas, Carbon Mon Detector, Smoke Detector, Individual Electric Meter, Master Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: Paved
  • Lot Sq Ft Apx: 7500
  • Lot Size Square Feet: 7500.0
  • Roof: Shingle
  • Sq Ft Apx: 6518
  • Year Built: 1912
  • Zoning: RM-4
Location Details
  • Directions to Property: MacArthur Blvd to Vernon St
  • FIPS Code: 06001
  • Census Tract: 4035.02
  • Parcel Number: 10-795-8-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Some Units Have: Dishwasher, Disposal
  • Units Total: 9
  • Basement: Finished
  • Separate Meters: Electric
  • Tenant Pays: Electric
  • Financial Data Source: Estimated, Owner, Projected
Income / Expense Details
  • Operating Expenses: Gas, Insurance, Property Tax/Assessments, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 6
  • Unit # 1 Occupied By: Vacant
  • Unit # 1 # of Bedrooms: 0
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 354
  • Unit # 1 Rent: 1700est
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Occupied By: Vacant
  • Unit # 2 Approx SqFt: 887
  • Unit # 2 Rent: 2550est
Unit 3
  • Unit 3 # Units This Type?: 1
  • Unit # 3 Occupied By: Vacant
  • Unit # 3 # of Bedrooms: 1
  • Unit # 3 # of Bathrooms: 1.5
  • Unit # 3 Approx SqFt: 1280
  • Unit # 3 Rent: 3000est
Unit 4
  • Unit 4 # Units This Type?: 1
  • Unit # 4 Occupied By: Vacant
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 2
  • Unit # 4 Approx SqFt: 1146
  • Unit # 4 Rent: 3100est
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Roof, Structural Pest Control
  • On Site Parking Description: Carports - 2 Or More
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 305 Vernon 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 305 Vernon Street

Taxable ValueLand$344,063Additions$1,031,586Total$1,375,649
Tax Record2024$22,842 ($1,903 / month)
Home Facts
Total Finished SqFt4,028 SqFtAbove Grade Finished SqFt4,028 SqFtStories3Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1912CountyALAMEDAAPN10-795-8-2

Schools near 305 Vernon 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
Public - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

Street Academy (Alternative)
Public9 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.

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305 Vernon Street is a multi-family home for sale in Oakland, CA 94610. This property was listed for sale on July 11, 2024 by Keller Williams Realty, it's currently listed at $1,900,000. It has been on the market for a total of 129 days and was last sold on August 3, 2012. This listing's school district is Oakland Unified School District. Nearby schools include Lincoln Elementary School, Westlake Middle School and Oakland Technical High School. 305 Vernon Street is a 0-bed, 0-bath, 6,518 sqft multi-family home built in 1912.

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.