Address
540 31 st Oakland, CA
Price
$ 1,433,000
Property Attributes
  • ML#40920080
  • TypeMulti-Family
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94609
  • Zip94609
  • Style5 or More Units
  • Price$ 1,433,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5285
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
BEN WEIL with COMPASS.
Property Description

540 31st Street is a 5 unit property that consist of a 4 unit building and a large 3 bedroom cottage on 1 lot, located in the popular Pill Hill neighborhood of Oakland. The unit mix is fantastic and includes 3 – 3 bedroom units, a 1 bedroom unit and a huge vacant Jr. 1 bedroom that is only being called a Jr. due to a wall that would need to be put up in order to call it a formal 1 bedroom. The gorgeous Victorian was built in 1893 and offers towering ceilings, hardwood and the old world charm that is rarely seen anymore. Many of the systems have been upgraded to modern standards including electrical circuit-breakers and sub-panels installed, mostly copper piping, and gas wall furnaces. The single family home in the rear of the property was built in the 1920’s and has been updated as well. Both roofs were completely replaced in 2012 and 2014. Investors will appreciate good returns from day 1 and over 47% rental upside in a very desirable and vibrant location. Showing By apt. 415-874-501

Price History
9/9/2020 Listed $1,433,000

General Features

Age 110
Laundry In Laundry Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94609

Price
AVG $2.71M
$1.43M
Visits
AVG 14
4
Year Built
AVG 1938
1910

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