130081stAve.com;The Pinza Group, Inc. is pleased to present 1300 81st Avenue, a four unit apartment building centrally located in the Woodland neighborhood of Oakland, CA. The property was built in 1966, and features four (4) 2bd/1bth units of ~800 SF. The structure is set on a large 8,025 SF lot, boasting a 2:1 off-street parking ratio, gated entry, functional security system, ample storage space and huge potential for ADU development. Current ownership has recently completed a number of improvements, including: fresh exterior paint, upgraded appliances throughout, improved low-maintenance landscaping, installation of a brand new water heater, and the addition of a coin-operated washer/dryer to bring in additional income. Current rents are below market rate, providing an opportunity for significant rental upside via annual adjustments, tenant turnover, and construction of additional unit(s). 1300 81st Avenue offers a prime opportunity for owner occupants to acquire an exceptionally maintained asset with just 3.5% down ($26,500). Email agent on property website for a complete marketing package.
Sold for $750,000 on 07/08/24
$750,000
1300 81st Ave, Oakland, CA 94621
--beds
--baths
3,137sqft
Quadruplex
Built in 1966
-- sqft lot
$697,300 Zestimate®
$239/sqft
$2,864 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 08, 2024 at 03:50pm
Listed by:
Steven Pinza DRE #01867691 510-788-6045,
The Pinza Group, Inc
Bought with:
Steven Pinza, DRE #01867691
The Pinza Group, Inc
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41052422
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Other
Features
- Flooring: Other
- Basement: Other
Interior area
- Total structure area: 3,137
- Total interior livable area: 3,137 sqft
Property
Parking
- Parking features: Other
Features
- Exterior features: Other
Lot
- Size: 7,840 sqft
- Features: Other
Details
- Parcel number: 42424761
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
Condition
- Year built: 1966
Utilities & green energy
- Utilities for property: Other Water/Sewer
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Listing terms: Other
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Estimated market value
$697,300