3222 Delaware Street

Oakland, CA 94602

$1,100,000
Last Sold Price
10
Beds
Baths
3,822 Sq. Ft.
$288 / Sq. Ft.
3,822
Sq. Ft.
$288
per Sq. Ft.

Description

Prime Opportunity to acquire a fourplex, in Lower Diamond just between the very popular Diamond & Laurel Districts. This property is a 2 story building built in 1966 is comprised of Three 3brm/1.5 bath units and One 1brm/1bath unit totaling 3822 sqft. There is plenty of parking with an attached 4 car garage. Two of the units have been recently updated with the remaining (2) units are available to add-value. 10 GRM based on strong in-place cash flow. (The property grosses approximately $8,120/month...Prime Opportunity to acquire a fourplex, in Lower Diamond just between the very popular Diamond & Laurel Districts. This property is a 2 story building built in 1966 is comprised of Three 3brm/1.5 bath units and One 1brm/1bath unit totaling 3822 sqft. There is plenty of parking with an attached 4 car garage. Two of the units have been recently updated with the remaining (2) units are available to add-value. 10 GRM based on strong in-place cash flow. (The property grosses approximately $8,120/month or $97,440 annually). Private decks off two of the upper floor units and a private outdoor area off of one of the ground floor units. Disclosures include engineering drawings for a redesign of balcony off of unit D.

Listing Agent

  1. Moya Robinson

    Moya Robinson

    Listing Agent

    Compass

    DRE #01776635

    moya.robinson@compass.com

    P: (415)-635-6512

Property Details for 3222 Delaware Street

City
OAKLAND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Gate / Door Opener, Attached Garage
View
Hills
Park Spaces Total
4
LISTING UPDATED: 03/10/2021 07:13 AM

Property Details for 3222 Delaware Street

StatusSold
MLS #40870928
Days on Compass11
Taxes$11,825 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1966
Lot Size0.04 AC / 1,820 SF
CountyAlameda County

Building Information for 3222 Delaware Street

Stories-Residences4Year Built1966Building Size-Lot Size0.04 AC / 1,820 SF

Property Information for 3222 Delaware Street

Features
Feature Details
  • Flooring: Carpet, Laminate, Linoleum
  • Laundry: Coin Operated, Common Room, Dryer, Washer
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public
  • Energy Saving Feature: Varies by Unit
  • Solar: None
Lot / Property Details
Property Details
  • Additional Equipment: Garage Door Opener, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 1820
  • Lot Size Square Feet: 1820.0
  • Roof: Rolled Composition
  • Sq Ft Apx: 3822
  • Yard Description: Patio
  • Year Built: 1966
  • Acres: 0.04
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: 580 to 35th L on Delaware
  • FIPS Code: 06001
  • Parcel Number: 28-947-26-1
  • Printed Neighborhood Rpt: Yes
  • Board ID: QUATTRO San Francisco
Multi Family Information
General Details
  • Some Units Have: Deck, Patio
  • Units Total: 4
  • Basement: None
  • Parking Description: Attached Garage
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Month to Month, Year Lease
  • Tenant Pays: Other
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Expense Year: 2018
  • Annual Taxes $: $11,825
  • Annual Gross Fee Income: $1
  • Annual Gross Sched Income: $8,120
  • Annual Miscellaneous Income: $1
  • Annual Rental Income: $97,440
  • Gross Oper Income (Act): $8,120
  • Net Operating Income: $73,080
  • Annual Insurance Expense: $2,500
  • Annual License Expense: $1
  • Annual Maintance Expense: $1
  • Annual Management Expense: $5,846
  • Annual Total Oper Expense: $24,361
  • Annual Utility Expense: $850
  • Annual Vacancy Expense: $1
  • Operating Expenses: Other
  • Other Annual Expense: $1
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Dining Room 1: No
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 750
  • Rent 1: 1470
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Dining Room 2: No
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 3
  • Bathrooms 2: 1.5
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 950
  • Rent 2: 1850
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Dining Room 3: No
  • Air Cond 3: No
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 3
  • Bathrooms 3: 1.5
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 950
  • Rent 3: 2900
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Tenant
  • Dining Room 4: No
  • Air Cond 4: No
  • Fireplace 4: No
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 3
  • Bathrooms 4: 1.5
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 950
  • Rent 4: 1900
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Cable TV, Wired For
  • Managers Unit: none
  • Total Deposits: 4500
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 3222 Delaware 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 3222 Delaware Street

Taxable ValueLand$353,822Additions$825,586Total$1,179,408
Tax Record2024$18,696 ($1,558 / month)
Home Facts
Total Finished SqFt3,822 SqFtAbove Grade Finished SqFt3,822 SqFtStories2Lot Size1,820 SqFtStyleQuadraplexYear Built1966CountyALAMEDAAPN28-947-26-1

Schools near 3222 Delaware Street

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
Public - 6 to 12
Rating
School
Distance
Fruitvale Elementary School
PublicK to 5

Bret Harte Middle School
Public6 to 9

Skyline High School
Public9 to 12

Life Academy
Public6 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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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 Coldwell Banker Realty, Moya Robinson, DRE #01776635

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.