700 29th St., Oakland, CA 94609 - 40900360 - iPro Real Estate
iPro Real Estate

iPro Real Estate

700 29th St.
Oakland, CA 94609

Sold, Multi-Family/Income Sale

For Sale

$1,120,000 $340.79 per sqft

Free Professional CMA

Listing ID : EB40900360

  • Structure / Lot Size

    3,800 Sqft / 0.1600 Acre
  • Year

    1886

Description

We are pleased to present 700-708 29th Street. Located in a thriving West Oakland location, this 5 unit property offers fresh exterior paint, renovated interiors and energy-efficient vinyl windows. The property consists of three (3) 3 bedroom / 1 bathroom units, and two (2) 2 bedroom / 1 bathroom units. This is a rare opportunity to acquire a well-maintained asset with an excellent in-place return.

Details

Type: Multi-Family/Income Sale 
Subdivision: Oakland Zip Code 94609 
County: Alameda 
HOA Amenities: None 
Tax ID: 9-696-11
Annual Taxes: $17,725
Building Size: 3,800 SqFt 
Cap Rate: 6.37% 
Amenities: None 
Cooling: None 
Flooring: Linoleum, Carpet - Wall to Wall 
Heating: Forced Air 
Number of Units: 5 
Property Type: Commercial Sale 
Roof: Composition 
Sewer: Sewer - Public 
Sub Type: Five or More Units 
Water: Heater - Gas 

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Interactive

37.818951 -122.272057 $1,295,000 40900360
700 29th St., Oakland, CA 94609
Directions to here from:

Area Information 94609

Population:

22,383 Up .1% since 2010
Average Income:
$91,137
Average Age:
35Years
Gender:
47.66%Male
52.34%Female
Households:
10,24218.4% with children
Average Value:
$1,197,644
Occupancy:
29.65%Owned
70.35%Rented
6.96%Vacant
Education:
13.16%High School
5.38%Associate
33.88%Bachelor
20.23%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
21.82Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Tax Assessments

Value

  • Land $279,297
  • Improvements $651,694

  • Total $930,991

Property Tax

  • 2020 $15,415

History

Date Transaction Price Mortgage Amt & Lender
Date
Feb 25, 2021
Transaction
Sold - Commercial Multi-Residential (5+ units)EB40900360
Price
$1,120,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by TIMOTHY WARREN with JOSEPH M. TAPIA, BROKER

Based on information from the MLSListings MLS) as of 1/28/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 1/28/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes