At 3,997 sq. ft., 5796 Vicente Street is a sizable building that presents investors with a rare opportunity—to own a lucrative, money-printing multifamily in one of the most sought after neighborhoods in Oakland: Lower Rockridge. The property is split into 3 units (1 - 2BR/1BA; 1 - 2+BR/1.5BA; 1 - 3BR/1.5BA) that are all over 1,000 sq. ft., and separately metered for gas, electricity, and water. Moreover, each of the units comes with its own dedicated garage—not just garage space—and its own laundry facilities. Proximity to the retail and dining options of both College avenue and Telegraph avenue add to 5796 Vicente Street’s appeal, and help explain why all of its units are occupied with happy tenants. This proximity also explains why the current owners have been able to command above-market rates from new renters. Numerous conveniences—from BART to Trader Joe’s—add to the livability of the neighborhood and ensure 5796 Vicente Street is well-positioned to grow in value for years to come.
Sold for $1,667,000 on 12/20/22
$1,667,000
5796 Vicente St, Oakland, CA 94609
7beds
5baths
3,997sqft
Triplex
Built in 1957
-- sqft lot
$1,564,300 Zestimate®
$417/sqft
$3,916 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 20, 2022 at 10:07pm
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Declan Spring, DRE #01398898
Red Oak Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41012932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Washer
- Laundry: 220 Volt Outlet, Dryer, Washer, Sink, Washer/Dryer Stacked Incl
Features
- Storage, Storage Area(s)
- Flooring: Tile, Vinyl, Carpet
- Basement: None
Interior area
- Total structure area: 3,997
- Total interior livable area: 3,997 sqft
Property
Parking
- Parking features: Covered, Garage, Parking Lot, Space Per Unit - 1, Garage Faces Front, On Street, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Exterior features: Low Maintenance
- Fencing: Fenced
Lot
- Size: 5,662 sqft
- Features: Front Yard, Paved
Details
- Parcel number: 14127423
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco, Frame
Condition
- Year built: 1957
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Double Strapped Water Heater
Location
- Region: Oakland
Other
Other facts
- Listing terms: None
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Estimated market value
$1,564,300