1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
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Listed by Joey Wang • Keller Williams Realty
$600,000
Est. payment /mo
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3,688 SqFt
Active

1031 Bella Vista Ave Oakland, CA 94610

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,688 sqft

Price per Sqft $162

Subdivision Bella Vista

MLS Listing ID 41148502

HOA Y/N No

Year Built 1900

Lot Size 7,250 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

Property Description

A Julia Morgan address: named in the published record of her East Bay work (Oakland Tribune, 12/18/1994), alongside Hearst Castle and the Chapel of the Chimes. Highland Hospital is a six-minute walk. The rents are the story. 1031 Bella Vista is a 1900 Oakland fourplex on a 7,250 SF lot, a few blocks from I-580. Four units, four gas meters, four electric meters, four parking spaces. Owner pays water and garbage only. Unit 1 spans 1,751 SF on the main floor: three bedrooms, two baths, fireplace, bay-window dining room. Unit 4 is a two-bedroom with a private 181 SF roof deck; Unit 5 a one-bedroom efficiency with a balcony. Both look over Oakland to the Bay. Unit 3 is a one-bedroom with a fireplace. Coin laundry and storage in the basement. Exterior painted 2025. Fully occupied. In-place rents average $1,204; broker market estimate $2,818. The upside comes at turnover. $600,000. $151/SF. $150,000 per unit. $57,999 in-place income, 3.9% cap. At market rents: 4.4 GRM, 15.6% cap.

Location

State CA

County Alameda

Interior

Heating Forced Air, Central

Cooling No Air Conditioning

Flooring Vinyl, Carpet

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Laundry Coin Operated, Dryer, In Basement, Washer

Building

Lot Description Sloped Up, Paved

Water Public

Others

Special Listing Condition Standard

Bay East Association of Realtors
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Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

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