$1,570,000
$1,599,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5867 Ocean View Drive Oakland, CA 94618
6,098 Sqft Lot
Key Details
Sold Price $1,570,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Rockridge
MLS Listing ID 41034215
Sold Date 11/08/23
HOA Y/N No
Year Built 1920
Lot Size 6,098 Sqft
Property Description
Extraordinary, one-of-a-kind opportunity in the heart of Rockridge, just a short walk to BART and College Avenue. This property was built as a single-family home in 1920 and converted to a triplex at some point afterwards. Up until recently, the property was fully leased (gross rents totaling approximately $7,850, with the three tenants paying all of the utilities), but is now completely vacant! The most recent tenants (a three bedroom/one bath apartment and two one-bedroom/one bath apartments) removed a wall and door separating two of the three units, and lived somewhat communally. The property exudes old-world charm and features generously sized rooms throughout, hardwood floors, with high ceilings on the main level. The kitchen and bath on the main level have been updated. The lower-level apartment has a large and exquisitely wood-paneled living room and separate dining area. The entire interior was just freshly painted. There is a long driveway along the west elevation and an additional three parking spaces off of Broadway!
Location
State CA
County Alameda
Interior
Heating Forced Air
Flooring Laminate, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Garage On Street
Roof Type Shingle
Parking Type On Street
Total Parking Spaces 6
Building
Lot Description Back Yard, Sloped Down, Front Yard
Sewer Public Sewer
Others
Tax ID 48A705231
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Carla J. Higgins • Compass