7717 Ney Avenue

Oakland, CA 94605

$899,000
Price
Beds
4,130 Sq. Ft.
$218 / Sq. Ft.
4,130
Sq. Ft.
$218
per Sq. Ft.

Description

The property offers meticulously landscaped grounds with drought-tolerant vegetation on a sprawling ±8,288 square foot lot. The lot boasts ample on-site gated parking with dedicated tenant spaces. Inside, the floor plans feature carpeted floors, as well as linoleum and tile kitchen and bathroom floors, wood cabinets, and laminate countertops. Recent improvements include new perimeter fencing and an electronic front gate. Unit A has been remodeled, Unit B's kitchen has been updated, and Unit D has...The property offers meticulously landscaped grounds with drought-tolerant vegetation on a sprawling ±8,288 square foot lot. The lot boasts ample on-site gated parking with dedicated tenant spaces. Inside, the floor plans feature carpeted floors, as well as linoleum and tile kitchen and bathroom floors, wood cabinets, and laminate countertops. Recent improvements include new perimeter fencing and an electronic front gate. Unit A has been remodeled, Unit B's kitchen has been updated, and Unit D has new carpeting. Building amenities include an on-site laundry facility, a common area for recreation, and gated parking with storage for tenant use. Additionally, the property benefits from individual gas and electric meters, minimal maintenance requirements, and a strong historical tenancy since 2006. New ownership can boost income by implementing washing machines in the laundry room for additional income, require tenants to pay gas & electric as the property is individually metered, and explore the possibility of adding an ADU.
  1. Listed by Cory Waxman • DRE #01776583 • Brokerage DRE #01878277 • eXp Realty of California Inc • 650-678-7345

Property Details for 7717 Ney Avenue

MLS City Name
Oakland
Building Type
FOURPLEX
Garage Spaces
2
Parking Spaces
4
LISTING UPDATED: 11/08/2024 08:50 PM

Property Details for 7717 Ney Avenue

StatusActive
MLS #ML81986159
Days on Compass13
Taxes$16,131 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1965
Lot Size0.19 AC / 8,288 SF
CountyAlameda County

Building Information for 7717 Ney Avenue

Stories2Residences4Year Built1965Building Size-Lot Size0.19 AC / 8,288 SF

Property Information for 7717 Ney Avenue

Features
Features
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Living SqFt: 4130
  • Pool: No
  • Security Features: Security Fence
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Attached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Oakland Zip Code 94605
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 7717
  • Street Name: Ney
  • Street Suffix: Avenue
  • Area ID: 2605
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4130
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R4
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 040A-3410-010
  • County Name: Alameda
  • City Name: Oakland
  • City Postal ID: 131
  • Postal Code: 94605
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .19
  • 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: 4
General Information
  • Annual Tax Amount: $16,131
  • Building Unit Total: 4
  • Capitalization Rate: 7.16
  • Tenant Expenses: Rent Only
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $4,043
  • Expense Landscape: $0
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $656
  • Expenses Other: $2,879
  • Expenses Utility: $8,088
  • Expenses Total: $33,797
  • Operating Expenses Include: Accounting/Legal, Contract Services, Fee - License/Advertising, Fee - Other Taxes, Fee - Professional Services, Fee - Property Tax, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 9.16
  • Income Annual Gross: $98,180
  • Income Annual Rental: $98,180
  • Income Gross Scheduled: $98,180
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 940
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Approx Square Footage: 800
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 3
Unit Type 1
  • Unit Type1 Approx SqFt: 1518

Property History for 7717 Ney 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 7717 Ney Avenue

Taxable ValueLand$179,137Additions$417,986Total$597,123
Tax Record2024$11,440 ($953 / month)
Home Facts
Total Finished SqFt4,130 SqFtAbove Grade Finished SqFt4,130 SqFtStories2Lot Size8,288 SqFtStyleQuadraplexYear Built1965CountyALAMEDAAPN40A-3410-10

Schools near 7717 Ney Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Parker Elementary School
PublicK to 8

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.

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7717 Ney Avenue is a multi-family home for sale in Oakland, CA 94605. This property was listed for sale on November 8, 2024 by eXp Realty of California Inc, it's currently listed at $899,000. It has been on the market for a total of 13 days and was last sold on June 1, 2006. This listing's school district is Oakland Unified School District. Nearby schools include Parker Elementary School, Frick United Academy of Language and Castlemont High. 7717 Ney Avenue is a 0-bed, 0-bath, 4,130 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 eXp Realty of California Inc, Cory Waxman, DRE #01776583

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.