NOT LISTED FOR SALE
8 Beds
-- Bath
4,294 Sq Ft
5,700 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $2,025,000 $472 Per Sq Ft

39 Days on Market

Highlights

  • Tile Flooring
  • Landscaped
  • Coin Laundry
  • Oakland Technical High School Rated A
  • Ceiling Fan

About This Home

As of October 2022

34 Yosemite Ave is an 8-unit, value-add, multifamily investment property located in the Piedmont Ave Neighborhood of Oakland, CA. Built in 1958, the 4,294 SF 2-story structure is situated on a 5,700 SF lot just off of Piedmont Ave, one of Oakland's most popular commercial corridors. The property features a unit mix of 8 1-bed, 1-bath units with similar floor plans. Several units at the property have undergone upgrades & provide an example of what can be done to units upon turnover. The next owner will have the opportunity to complete upgrades & take advantage of current market rate rents in the city of Oakland upon unit turnover. The property also features on-site coin-operated laundry & 7 off-street surface parking spaces that provide the potential opportunity for additional income. The property features a 98 Walk Score and have convenient access to a multitude of dining, shopping and entertainment options. The property is also under 1-mile to MacArthur BART Station.

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #01490046 Listed on: 07/13/2022

Co-Listed By

Zachary Greenwood

Cushman & Wakefield License #01960296

Last Buyer's Agent

Keith Manson

Cushman & Wakefield License #01490046 Listed on: 07/13/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,700 Sq Ft Lot
  • Landscaped

Home Design

  • Garden Apartment
  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Bitumen Roof

Interior Spaces

  • 4,294 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 012-0937-014

Community Details

Building Details

  • 7 Leased Units
  • 2 Vacant Units

Additional Features

  • 8 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Property Condition: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Basement: None
  • Number Of Rooms: 32
  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Varies By Unit
  • Flooring: Carpet, Linoleum, Tile, Varies By Unit, Vinyl
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 471.59
  • Square Footage: 4294.00

Exterior Features

  • Foundation: Concrete, Slab
  • Roof: Bitumen, Flat

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 7.00
  • Independent Parking Spaces: 7

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit
  • Heating: Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 012-0937-014
  • Lot Features: Curb(s), Curbs/Gutters, Landscape Front, Shape Regular, Sidewalk
  • Lot Size Acres: 0.1309
  • Lot Size Sq Ft: 5700.00
  • Lot Size Units: SqFt
  • Price Per Acre: 15469824.29

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 8

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 11.36
  • 1 Bedroom Rent Range: 1114-2300
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 8
  • Number Of Units Leased: 7
  • Separate Meters: Electricity, Gas

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $2,025,000 -9.0% $472 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $2,225,000 -- $518 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422678144

San Francisco Association of REALTORS® MLS