$1,625,000
$1,595,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1364 East 27th Oakland, CA 94606
9,583 Sqft Lot
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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Bought with Louis Kwok • MARCUS & MILLICHAP