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ANGELINA NGUYEN

angelinannhan@gmail.com +1(408) 952-9437

Listed by Joey Wang, DRE #01890931 • Keller Williams Realty

$ 600,000

Est. payment | -/mo

7 Beds

5 Baths

3,688 SqFt

Save

$ 600,000

Est. payment | -/mo

Save

7 Beds

5 Baths

3,688 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,688 sqft

Price per Sqft $162

MLS Listing ID EB41148502

Bedrooms 7

Year Built 2025

Lot Size 7,250 Sqft

Property Sub-Type Fourplex

Source Bridge MLS

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

Area Oakland Zip Code 94610

Zoning RM-2

Interior

Heating Forced Air

Cooling Air Conditioning - None

Flooring Vinyl, Carpet - Wall to Wall

Laundry In Basement, Coin Operated, Washer, Dryer

Exterior

Exterior Feature Stucco, Wood Frame

Parking Features Spaces per Unit - 1, Parking Area

Garage Spaces 4.0

Roof Type Composition

Building

Lot Description Grade - Sloped Up

Water Heater - Gas

Others

Tax ID 23-390-10-2

Special Listing Condition New, Not Applicable

Schools and Properties Nearby

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+1(408) 952-9437

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1031 Bella Vista Ave Oakland, CA 94610