VERY RARE 4unit in West Oakland! Have the opportunity to live in, invest in, or Condo convert, this single parcel features 2 stand alone duplexes with city plans to convert into condos if desired or make Filbert St into a 3/2 SFR . The exquisite structure on 28th features a complete remodel to both units in 2019 with state of the art kitchen, bathrooms, lighting, flooring, HVAC, floor plans support spacious three bedroom, two bath with in unit laundry (Too many upgrade to list please ask for Disclosures) Additional we have 2 units on Filbert st reflecting a 2/1 upstairs and large 1/1 downstairs. Cap rate for all 4 units is 7.2%. Each unit is separately metered, there are 2 automatic gates for off street parking with full perimeter fencing. West Oakland is a highly sought over neighborhood with its close proximity to SF & centrally located to Hwy 580,880,80 and within walking distance to Bart. Plus the Cap rate is great!
Off market
Zestimate®
$892,900
1002 28th St, Oakland, CA 94608
9beds
6baths
3,818sqft
MultiFamily
Built in 1908
-- sqft lot
$892,900 Zestimate®
$234/sqft
$2,943 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Forced air, Wall
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Washer
- Laundry: Other, Washer/Dryer Hookups
Features
- Updated Baths, Updated Kitchen, Extra Storage
- Flooring: Tile, Hardwood, Laminate
Interior area
- Total interior livable area: 3,818 sqft
Property
Parking
- Total spaces: 3
Features
- Patio & porch: Balcony/Patio
- Exterior features: Other, Wood
- Fencing: Fenced
Lot
- Size: 4,168 sqft
- Features: 2 Houses / 1 Lot
Details
- Parcel number: 545416
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 12500
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile, Laminate, Hardwood
- Appliances: Dishwasher, Disposal, Dryer, Washer, Tankless Water Heater
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 4
- ExteriorFeatures: Storage, Front Yard, Other
- ConstructionMaterials: Wood Siding
- Fencing: Fenced
- OperatingExpenseIncludes: Other
- GrossIncome: 150000
- MaintenanceExpense: 1200
- Cooling: Other
- ParkingFeatures: Off Street, Garage Door Opener, Parking Area
- View: Other
- Heating: Wall Furnace, Forced Air 1 Zone
- OtherEquipment: Other
- InsuranceExpense: 3000
- LaundryFeatures: Other, Washer/Dryer Hookups
- TotalActualRent: 12500
- GrossScheduledIncome: 150000
- Roof: Composition Shingles
- ProfessionalManagementExpense: 0
- VacancyAllowance: 0
- LotFeatures: 2 Houses / 1 Lot
- InteriorFeatures: Updated Baths, Updated Kitchen, Extra Storage
- PatioAndPorchFeatures: Balcony/Patio
- MlsStatus: Active
- NetOperatingIncome: 118680
- OperatingExpense: 31320
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Estimated market value
$892,900