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Additional details
Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
$600,000
Est. payment /mo
7 Beds
5 Baths
3,688 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,688 sqft
Price per Sqft $162
MLS Listing ID EB41148502
Bedrooms 7
Year Built 2025
Lot Size 7,250 Sqft
Property Sub-Type Triplex
Source Bridge MLS
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
Area Oakland Zip Code 94610
Zoning RM-2
Interior
Heating Forced Air
Cooling Air Conditioning - None
Flooring Vinyl, Carpet - Wall to Wall
Laundry In Basement, Coin Operated, Washer, Dryer
Exterior
Exterior Feature Stucco, Wood Frame
Parking Features Spaces per Unit - 1, Parking Area
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Sloped Up
Water Heater - Gas
Others
Tax ID 23-390-10-2
Special Listing Condition New, Not Applicable
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