1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
1031 Bella Vista Ave, Oakland, CA 94610
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$ 600,000
Est. payment | /mo

7,248 Sqft Lot


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$ 600,000
Est. payment | /mo
Save

7,248 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Bella Vista

MLS Listing ID 41148502

HOA Y/N No

Year Built 2025

Lot Size 7,248 Sqft

Property Sub-Type Triplex

Property Description

A Julia Morgan address: named in the published record of her East Bay work (Oakland Tribune, 12/18/1994), alongside Hearst Castle and the Chapel of the Chimes. Highland Hospital is a six-minute walk. The rents are the story. 1031 Bella Vista is a 1900 Oakland fourplex on a 7,250 SF lot, a few blocks from I-580. Four units, four gas meters, four electric meters, four parking spaces. Owner pays water and garbage only. Unit 1 spans 1,751 SF on the main floor: three bedrooms, two baths, fireplace, bay-window dining room. Unit 4 is a two-bedroom with a private 181 SF roof deck; Unit 5 a one-bedroom efficiency with a balcony. Both look over Oakland to the Bay. Unit 3 is a one-bedroom with a fireplace. Coin laundry and storage in the basement. Exterior painted 2025. Fully occupied. In-place rents average $1,204; broker market estimate $2,818. The upside comes at turnover. $600,000. $151/SF. $150,000 per unit. $57,999 in-place income, 3.9% cap. At market rents: 4.4 GRM, 15.6% cap.

Location

State CA

County Alameda

Zoning RM-2

Interior

Heating Forced Air

Flooring Carpet, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Back Yard, Front Yard, Sloped Up

Others

Tax ID 23390102

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joey Wang Keller Williams Realty #01890931

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1031 Bella Vista Ave

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