3420 Delaware Street

Oakland, CA 94602

$950,000
Price
Beds
2,671 Sq. Ft.
$356 / Sq. Ft.
2,671
Sq. Ft.
$356
per Sq. Ft.

Description

Cash flow! Rental income of $77,508, yearly rent increases, guaranteed rent from the city, new roof, and stable tenants! Additional Features: - Clean, quiet, long-term tenants, tenants have never missed a rent payment! - Prime location in Oakland with easy access to public transportation, shops, and dining. - New Roof - Coin-operated laundry for additional income. - Garage and driveway parking for three cars. - Well-maintained property with recent updates. - Great upside rental income potential....Cash flow! Rental income of $77,508, yearly rent increases, guaranteed rent from the city, new roof, and stable tenants! Additional Features: - Clean, quiet, long-term tenants, tenants have never missed a rent payment! - Prime location in Oakland with easy access to public transportation, shops, and dining. - New Roof - Coin-operated laundry for additional income. - Garage and driveway parking for three cars. - Well-maintained property with recent updates. - Great upside rental income potential. Don't miss out on this exceptional property in a sought-after neighborhood. This will go fast!
  1. Listed by Kennedy Ngo • DRE #01890329 • Brokerage DRE #02206531 • 10X Realty Mortgage • 408-889-3519
  2. Listed by Malaya Turpin • DRE #02227697 • Brokerage DRE #02206531 • 10X Realty Mortgage

Property Details for 3420 Delaware Street

MLS City Name
OAKLAND
Building Type
TRIPLEX
Garage Spaces
3
Parking Spaces
3
LISTING UPDATED: 10/31/2024 06:11 AM

Property Details for 3420 Delaware Street

StatusActive
MLS #ML81974887
Days on Compass94
Taxes$16,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1965
Lot Size0.12 AC / 5,139 SF
CountyAlameda County

Building Information for 3420 Delaware Street

Stories2Residences3Year Built1965Building Size-Lot Size0.12 AC / 5,139 SF

Property Information for 3420 Delaware Street

Features
Features
  • Fireplace: No
  • Living SqFt: 2671
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Common Area
  • Sewer Septic: Other
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Attached Garage, Carport, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Oakland Zip Code 94602
  • Roof: Flat / Low Pitch
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 3420
  • Street Name: Delaware
  • Street Suffix: Street
  • Area ID: 2602
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2671
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Zoning Detail: RM-4
Location Information
  • Parcel Number: 028-0955-006-05
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94602
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Other
  • Horse Property: No
  • Lot Acres: .12
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $16,584
  • Building Unit Total: 3
  • Capitalization Rate: 5.87
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Water, Other
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,522
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $1,680
  • Expenses Total: $21,786
  • Operating Expenses Include: Insurance, Utilities
  • Gross Rent Multiplier: 12.26
  • Income Annual Gross: $77,508
  • Income Annual Rental: $77,508
  • Income Gross Scheduled: $77,508
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,552
Unit 2 Information
  • Unit 2 Approx Square Footage: 935
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,552
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,377
Unit Type 1
  • Unit Type1 Approx SqFt: 936

Property History for 3420 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 3420 Delaware Street

Taxable ValueLand$301,185Additions$702,765Total$1,003,950
Tax Record2024$15,834 ($1,320 / month)
Home Facts
Total Finished SqFt2,671 SqFtAbove Grade Finished SqFt2,671 SqFtStories2Lot Size5,139 SqFtStyleTriplexYear Built1965CountyALAMEDAAPN28-955-6-5

Schools near 3420 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 - K to 8
Rating
School
Distance
Fruitvale Elementary School
PublicK to 5

Bret Harte Middle School
Public6 to 9

Skyline High School
Public9 to 12

Melrose Leadership Academy
PublicK 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.

Similar Homes

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3420 Delaware Street is a multi-family home for sale in Oakland, CA 94602. This property was listed for sale on July 29, 2024 by 10X Realty Mortgage, it's currently listed at $950,000. It has been on the market for a total of 94 days and was last sold on June 25, 2018. This listing's school district is Oakland Unified School District. Nearby schools include Fruitvale Elementary School, Bret Harte Middle School and Skyline High School. 3420 Delaware Street is a 0-bed, 0-bath, 2,671 sqft 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 10X Realty Mortgage, Kennedy Ngo, DRE #01890329; 10X Realty Mortgage, Malaya Turpin, DRE #02227697

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.