Mixed use unit building located at the coner of 38th Ave & Penniman. Closed to school and freeway. Grocery store and cafe on the same block. Two residential units: Upper lever has 3 bedrooms and 1 bathroom. Lower level has 2 bedrooms and 1 bathroom. Three commercial units: First unit has new paint and new hardwood floor. huge attic can be storage or office. Second unit has new paint. Huge attic can be office or storage. Bathroom in the back. Third unit has high ceiling. This one used to be a fast food restaurant. It has a kitchen, bathroom and attic in the back. There is one car garage by the side with roll up garage door. This unit also has a side door opened to Penniman Ave. Great for loading stuffs.
Off market
Zestimate®
$753,300
2887 38th Ave, Oakland, CA 94619
5beds
2baths
3,326sqft
MultiFamily
Built in 1927
-- sqft lot
$753,300 Zestimate®
$226/sqft
$2,454 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Wall
Cooling
- None
Features
- Flooring: Hardwood, Laminate
Interior area
- Total interior livable area: 3,326 sqft
Property
Parking
- Total spaces: 3
Features
- Patio & porch: Balcony/Patio
- Exterior features: Wood
Lot
- Size: 5,000 sqft
- Features: Corner Lot
Details
- Parcel number: 3220523
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1927
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 1300
Other
Other facts
- WaterSource: Public
- GarageYN: true
- HeatingYN: true
- Flooring: Laminate, Hardwood
- TenantPays: Cable TV, Electricity, Gas, Water, Trash Collection
- NumberOfUnitsTotal: 5
- LotFeatures: Corner Lot
- ParkingFeatures: Converted Garage, Garage Door Opener
- MaintenanceExpense: 0
- GrossIncome: 15600
- ConstructionMaterials: Wood Frame
- Heating: Wall Furnace
- InsuranceExpense: 2000
- TotalActualRent: 1300
- Roof: Composition Shingles
- ProfessionalManagementExpense: 0
- PatioAndPorchFeatures: Balcony/Patio
- GrossScheduledIncome: 91000
- MlsStatus: Active
- NetOperatingIncome: 80400
- VacancyAllowance: 75
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Estimated market value
$753,300