827 Warfield Ave, OAKLAND, CA 94610 | 40909017 | PMZ Real Estate

827 Warfield Ave $4,160,000

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    827 Warfield Ave OAKLAND, CA 94610

    Sold
    SOLD 10/19/2020

    $4,160,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 40909017
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    Views: 504

    Property Details

    **Offers due at 5PM on July 15th** The Grant Chapppell Team is pleased to present 827 Warfield Avenue, a twelve unit multifamily property located in the Grand Lake neighborhood. The property consists of ten 1-bedroom apartments; one large 1-bedroom apartment with formal living and dining rooms; and one studio apartment. A full seismic retrofit was completed on the property along with recent unit turnovers. The property also features a partially remodeled ADU in the rear that can be rented for additional income. The upper units boast views of the surrounding hills and Lake Merritt. Due to below-market rents on a majority of the units, a new owner can expect higher rents on turnover.

    • General Features
      • Building Type OTHER
      • Year Built 1926
      • Age 94
      • Additional Miscellaneous Features None
      • Disclosures Other - Call/See Agent
      • Additional Equipment Other
      • Existing Lease Terms Month to Month, Security Deposit, Written Agreement, Year Lease
      • Financial Data Source Owner
      • Tenant Pays Cable TV, Electric, Gas, Other
      • Annual Total Operating Expense 116078
      • Annual Gross Fee Income 305334
      • Total Deposits 0
      • Area Oakland Zip Code 94610
      • County Alameda
    • Building Features
      • Exterior Stucco
      • Units Total 12
      • Roof Unknown
      • Flooring Hardwood Floors, Laminate, Other, Tile
      • Basement Apt In Basement, Finished, Partial, Separate Entry, Storage Area, Unfinished
      • Cooling No Air Conditioning
      • Heating Wall Furnace
    • Property Features
      • Yard Description Other
      • Lot Description Regular
      • Parking Description Carport - 2 Or More, Off Street Parking
      • Water/Sewer Sewer System - Public, Water - Public

    Neighborhood

    94610 (OAKLAND) Demographics

    38 Median Age
    14,430 Population Density (per sq. mile)
    74% College Educated
    $83,052 Estimated Median Income
    5,716 Estimated Total Home Owners
    9,878 Estimated Total Renters
    37% / 63% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    31,486 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,225,000 Median Sales Price
    35 Homes Sold
    26 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        10/19/2020 12:00:00 AM Sold Source New Value: $4,160,000
        8/25/2020 10:44:25 PM Status Changed Source New Value: Pending
        6/25/2020 1:44:50 AM Status Changed Source New Value: Active
        Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 12/2/2020 12:09:56 AM .

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.