Oakland, CA 94606,1364 East 27th

$1,625,000

Est. payment /mo

$1,595,000

1.9%
Est.Price: ?

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1364 East 27th Oakland, CA 94606

9,583 Sqft Lot

SOLD DATE : 07/09/2021

Key Details

Sold Price $1,625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ivy Hill

MLS Listing ID 40944533

Sold Date 07/09/21

HOA Y/N No

Year Built 1922

Annual Tax Amount $26,406

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Bella Vista Gardens is a stately 1920’s 5-unit apartment building and a single family home perched on a gentle slope next to Ivy Hill, just over 1 mile east of Lake Merritt in Oakland CA. The wood-framed stucco 5-plex has two 2-bedroom 1-bath units and three 1-bedroom 1-bath units and a non-conforming studio. The brown shingle home has 3 bedrooms and 2 bathrooms on an adjacent lot with the potential for development. Many units have been upgraded and some have views. Private and lush garden setting. The property has a 2-car garage at the base of the single family home which is surrounded by lush gardens and mature fruit trees. Residents benefit from easy access to the I-580, bay views, remodeled units, and plenty of open space. A new owner has the opportunity to split the lots by adding a sewer line and develop the site by adding square footage or a possible ADU. There is approximately up-side in the rents.

Location

State CA

County Alameda

Zoning RM-1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Others

Tax ID 2235648, 2235649

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California Regional MLS (CRMLS)
Listed by Nicholas Myerhoff • NICHOLAS MYERHOFF, BROKER
Bought with Louis Kwok • MARCUS & MILLICHAP

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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