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Listing Summary
Listing
#424027003
$1,850,000
(LP)
2924 Carmel St, Oakland, CA 94602*
Active
(04/25/24)
SqFt:
4530*
Lot Size SqFt:
11038*
Area/District
:
2602
Yr
:
1961
*
Total Parking Spaces:
6
Remarks
Desirable single level fourplex situated on an expansive 11,000SF lot at a quiet street of Upper Dimond neighborhood. The mid-century modern property offers you three units that are extensively updated with modern kitchens, bathrooms, new appliances, flooring, windows, plumbing, and electrical. The owner's unit at the rear featuring formal living, dining, laundry/storage, 3 spacious bedrooms, 2 full baths boasting 1700SF of living space, a private driveway leads to the courtyard and 3 car garage. In addition, there are three available rental units that are 2 Bed 1 Bath with individually assigned garage, storage, and laundry facility. All of the units has gas heating and separately meter for water, garbage, and PG&E. This turnkey property is ideal for owner user or investors.
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Open House
05/18/24 Hosted
2:00 pm - 4:00 pm
Vacant Units will be available for tour.
Type:
In Person
Showing Information
Remarks
Agent and Office Information
Agent
Brandon S Chen
Primary:415-971-1099 Secondary:415-660-9955 Lic: 01883761
Office
Compass
Phone: 415-660-9955 Office Lic.: 01527235
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
2
# Of Units Leased
1
# Of Units Month to Month
1
# Of Units Total
4
# Of Units Vacant
3
# of 1 Bedroom Units
0
# of 2 Bedroom Units
3
# of 3 Bedroom Units
1
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
# of Floors
1
Units Furnished
None
Unit 1 Bedrooms
2
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
2700
Unit 1 Description
Remodeled - 2 Bed 1 Bath - Street facing.
Unit 1 Approx SqFt
900
Unit 1 Identification
Unit 1
Unit 1 # of Rooms
4
Unit 1 Occupancy
Vacant
Unit 1 SqFt Source
Not Measured
Unit 1 Type
Apartment
Unit 2 Bedrooms
2
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
1026
Unit 2 Description
Original - tenant occupied
Unit 2 Approx SqFt
900
Unit 2 Identification
Unit 2
Unit 2 # of Rooms
4
Unit 2 Occupancy
Tenant
Unit 2 Rent Source
Estoppel
Elevation Units
Feet
Unit 2 Lease Term
Month to Month
Unit 2 SqFt Source
Not Measured
Unit 2 Type
Apartment
Unit 3 Bedrooms
2
Unit 3 Full Baths
1
Unit 3 Rent
$
2700
Unit 3 Description
Remodeled 2 Bed 1 Bath.
Unit 3 Approx SqFt
1000
Unit 3 Identification
Unit 3
Unit 3 # of Rooms
4
Unit 3 Occupancy
Vacant
Unit 3 Rent Source
N/A
Unit 3 SqFt Source
Not Measured
Unit 3 Partial Baths
0
Unit 3 Type
Apartment
Unit 4 Bedrooms
3
Unit 4 Full Baths
2
Unit 4 Partial Baths
0
Unit 4 Rent
$
4000
Unit 4 Description
Remodeled 3 Bed 2 Bath unit with in unit laundry and 3 car garage.
Unit 4 Approx SqFt
1700
Unit 4 Identification
Unit 4
Unit 4 # of Rooms
6
Unit 4 Occupancy
Vacant
Unit 4 Rent Source
N/A
Unit 4 SqFt Source
Not Measured
Unit 4 Type
Flat
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
0
# of 2 Bedrooms Occupied
1
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
125112
Gross Rent Multiplier
14.79
Net Operating Income
$
93362
Monthly Income
$
0
Income Includes
Parking, Storage
Operating Expense
$
31750
Total Deposit
$
0
Total # Leasable
3
Utilities Expense
$
3000
Operating Expense Includes
Capital Improvements, Electricity, Insurance, Janitorial Services, Maintenance Grounds, Property Tax, Repairs, Trash, Utilities, Vacancy Allowance
Tax Annual Amount
$
20000
Lease Term
Month To Month
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Monthly Expenses
$
0
Separate Meters
Electricity, Gas, Water
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Close Of Escrow, Subject To Tenant Rights
Property Information
Subtype Description
Apartments, Flats, Garden Apartments
Approx SqFt
4,530*
SqFt Source
Assessor Auto-Fill
Price / SqFt
408.39
Lot Sq Ft
(
approx
)
11,038*
Lot Acres
(
approx
)
0.2534
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
18
Year Built
1961*
Year Built Source
Assessor Auto-Fill
Stories
1
Levels
One
Special Listing Conditions
None
Property Condition
Updated/Remodeled, Varies by Unit
Property Location
County
Alameda
Cross Street
Coolidge Ave
Area/District
Oakland Zip 94602
Subdistrict
Interior Information
Interior Features
Storage Area(s)
Appliances
Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Ice Maker
Flooring
Carpet, Vinyl
Cooling
None
Heating
Central, Fireplace(s), Gas, Wall Furnace
Laundry Features
In Common Area, Varies by Unit, Washer/Dryer Hookups
Basement
Storage Area, Unfinished
Construction Information
Architectural Style
Mid-Century
Construction Materials
Stucco
Foundation
Concrete, Concrete Perimeter
Roof
Composition, Shingle
Window Features
Caulked/Sealed, Dual Pane Full, Weather Stripped, Window Coverings, Window Screens
Utilities
Natural Gas Connected
Electric
220 Volts
Water Source
Water District
Sewer
Public Sewer
Security Features
Carbon Mon Detector, Smoke Detector
Other Equipment
Varies by Unit
Parking Information
Total Parking Spaces
6
Covered Spaces
6
Carport Spaces
6
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
6
Independent Parking Spaces
6
Parking Features
Attached, Detached, Garage Door Opener, RV Storage, Side-by-Side, Uncovered
Lot and Outdoor Information
Lot Features
Court, Private
Association Information
Association
No
School Information
Green Information
Other Listing Information
Disclosures/Documents
Disclosure Package Available, Estoppel Certificate, Home Inspection Report, Natural Hazard Disclosure Available, Preliminary Title Report, Property Inspection, Roof Inspection, Seller Property Questionnaire, Transfer Disclosure Statement
Listing Service
Full Service