2006 38th Avenue

Oakland, CA
$ 1,230,000 Beds 5 Baths 4 Sq 3,542
Monthly Estimate* How much can I afford?

Strategically located between I-580 and I-880, 2006 38th Avenue is a rare opportunity to acquire a 4 unit apartment building in the emerging Oakland Market. The asset features (1) Two Bedroom One Bathroom Unit, (3) Large One Bedroom One Bathroom Units, Five Off-street parking spaces, on-site laundry facilities and is sewer lateral compliant. Tenants enjoy the convivence of on-site laundry and being in close proximity to mass transit. Offered at an attractive 5.30% CAP Rate/13.58 GRM and Pro Forma CAP Rate 5.92%/12.44 GRM, the complex will immediately provide investors with great cash flow on day one with potential for future upside.

Income

  • Price
  • $ 1,230,000
  • Lot Size
  • 5,415 SqFt
  • Bedrooms
  • 5
  • Sqr Footage
  • 3,542
  • Full Bathrooms
  • 4
  • Year Built
  • 1952
  • Half Bathrooms
  • 0
  • City, Zip
  • Oakland
  • County
  • ALAMEDA
  • Style
  • Quadruplex
  • Area
  • MLS#
  • 40974309
  • Zip
  • 94601
Listing Provided by: Theodore Wong with Compass.
Data Source: Contra Costa Association of REALTORS®

Features

General

City Oakland
Cooling No Air Conditioning
County Alameda
Directions Google Maps
Flooring Laminate
Garage Y/N No
Heating Wall Furnace
Lot Size Square Feet 5415
Property SubType Quadruplex
Property Type Residential Income
Roof Unknown
Standard Status Active
Status Active
Street Name 38th Avenue
Year Built 1952

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Coin Operated
Living Area 3542
Window Features Double Pane Windows

Exterior Features

Lot Features None, Landscape Front
Lot Size Area 5415
Parking Features Off Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Clayton, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/8/2021 Listed $1,230,000

Property vs Zip Code Average in 94601

Price
AVG $1,000K
$1.23M
Visits
AVG 38
19
Year Built
AVG 1930
1952
Walkscore
AVG 87
88
Data Provided by Walkscore ® not using MLS data

Map

2006 38th Avenue Oakland, CA is a Single Family Home for sale at $1230000 with 3542 sqft and a lot size of 5,415 SqFt Acre(s). 2006 38th Avenue Oakland has 5 bedrooms, 4 baths and was built in 1952. The property's zip code is 94601 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.