848 Erie, Oakland, CA 94610 - 40915598 - iPro Real Estate
iPro Real Estate

iPro Real Estate

848 Erie
Oakland, CA 94610

Pending, Multi-Family/Income Sale

For Sale

$1,250,000 $344.45 per sqft

Free Professional CMA

Listing ID : 40915598

  • Structure / Lot Size

    3,629 Sqft / 0.1100 Acre
  • Year

    1924

Description

NAI Northern California is pleased to present 848 Erie Street, a charming 4-unit multifamily property offering large spacious 1 bed/1 baths unit mix each at 800 sqft. Located in the heart of the Grand-Lakeshore neighborhood this property shows off its beautiful aged charm matched with today's desired modern upgrades. Continuously maintained and upgraded this property offers brand new driveway, upgraded units, new water heaters, and much more. Each tenant has access to their own private parking garage as well as their own private backdoor entrance to each unit. The private backdoor feature is a great plus during times of social distancing, and creating privacy. In addition, the property offers a significant value-add component allowing the new owner impressive upside potential upon unit turnover. This is truly a rare opportunity to purchase a trophy asset in an A+ location.

Details

Type: Multi-Family/Income Sale 
Subdivision: Oakland Zip Code 94610 
County: Alameda 
HOA Amenities: Other 
Annual Taxes: $18,544
Building Type: Fourplex 
Building Size: 3,629 SqFt 
Days on Market: 313 
Access Features: Other 
Amenities: Other 
Cooling: Other 
Flooring: Hardwood, Tile, Vinyl 
Heating: Wall Furnace  
Laundry: Other 
Parking Spaces: 4 
Property Type: Commercial Sale 
Roof: Other 
Sub Type: Fourplex 
View: Downtown, Hills, Lake 
Water: Public 

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Interactive

37.812759 -122.242508 $1,250,000 40915598
848 Erie, Oakland, CA 94610
Directions to here from:

Area Information 94610

Population:

30,041 Up .01% since 2010
Average Income:
$107,131
Average Age:
40Years
Gender:
46.13%Male
53.87%Female
Households:
15,59717.05% with children
Average Value:
$1,517,849
Occupancy:
35.44%Owned
64.56%Rented
8.23%Vacant
Education:
8.05%High School
4.99%Associate
33.66%Bachelor
32.34%Graduate
Average Residency:
20Years
Crime Rate:
Above Average
Annual Rainfall:
22.3Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Nearby Schools Oakland School Districts

School Name GS Rating Parent Rating Distance

Grand Lake Montessori

private • K-1
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Distance
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Beach Elementary School

public • K-5
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Piedmont Adult Education

public • n/a
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Havens Elementary School

public • K-5
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Distance
School Name GS Rating Parent Rating Distance

Edna Brewer Middle School

public • 6-8
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Piedmont Adult Education

public • n/a
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Piedmont Middle School

public • 6-8
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St. Paul's Episcopal School

private • K-8
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Westlake Middle School

public • 6-8
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West Wind Academy

private • 4-12
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St. Leo the Great School

private • PK-8
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Pacific Boychoir Academy

private • 4-8
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Williams Academy

private • 9-12
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Bayhill High School

private • 9-12
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Oakland High School

public • 9-12
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Piedmont Adult Education

public • n/a
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Piedmont High School

public • 9-12
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West Wind Academy

private • 4-12
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History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 10, 2021
Transaction
Sold - Residential Income (2-4 units)EB40654529
Price
$739,000
Mortgage Amt & Lender
- -
Date
Feb 25, 2021
Transaction
Pending (Do Not Show) - Residential Income (2-4 units)EB40915598
Price
$1,250,000
Mortgage Amt & Lender
- -
Date
Aug 02, 2017
Transaction
Expired - Residential Income (2-4 units)EB40695105
Price
$1,275,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Matthew Rulloda with JOSEPH M. TAPIA, BROKER

Based on information from the MLSListings MLS) as of 6/15/2021. 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 6/15/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes