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1832 Bridge Ave, Oakland, CA, 94601
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1832 Bridge Ave Oakland, CA, 94601

$1,675,000 $75,000 Home for sale 12 beds 5,408 sqft

6.0% cap rate and 12.55 GRM on current rent. 1832 Bridge Avenue offers a rare opportunity to purchase four legal condos with strong current income and excellent rental upside. The property was fully renovated 12 years ago, offers 5,408 square feet of living space, and sits on a 9,125 square foot lot spread across two buildings with a common driveway. Each condo unit offers two levels, 3 bedrooms, and 2.5 bathrooms, with 1,352 square feet of living space. All units are fully remodeled with gorgeous kitchens and bathrooms, upgraded electrical and plumbing, newer hardwood floors, double pane windows, stainless steel appliances, granite countertops, custom lightning, and more. The property is easy to manage and is separately metered for PG&E and sub-metered for water, providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is one condo that will be delivered vacant at closing making this perfect for an owner-occupant or investor seeking high market rent. High demand rental location near countless restaurants and shopping options with easy access to BART and other public transportation.
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Property details

5,408 sqft interior area
Property type
Home
Interior area
5,408 sqft
Land area
9,147 sqft (0.21 acres)
Price per sqft
$309/sqft
Days on Verhouse
33
Address
1832 Bridge Ave, Oakland, CA, 94601
City of California
Oakland
County
Alameda
Previous price
$1,750,000
nr.of parking places
8
Year Built
1924
District
Listing

Open Houses

No upcoming open houses

Interior Features

8 parking places, Wood floors
Beds
12
Floors
Wood
Parking
8
Garage & Parking
Other
Heathing & Cooling
Other, Central
Other rooms
Storage Area(s), Shower Stall(s)
Amenities
Other
Basement
Other

Listed by

David Howarth, The Pinza Group, Inc
Name
David Howarth
License number
01360348
Brokerage company
The Pinza Group, Inc
MLS #
41053921

Payment calculator

Calculate your monthly payments
Mortgage
$5,143
Taxes
$0
HOA dues
$0
$5,143 per month
Mortgage
$335,000 / 20%
2.28%
30 years
Your amount $5,143 / month

Exterior Features

Other construction
Construction
Other
Yard
Other

Lot details

TMK #33213546
Lot Description
Other
Parcel nr.
33213546

94601 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 94601

45%
Families with children
National average: 39%
43%
Non family households
412,870
Population
$107,122
Average Income

Age & gender

Median age 38 years
More info

Commute types

63% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

43% have 1 vehicle
More info

Vehicles by gender

43% have 1 vehicle
More info

Housing market insights for

$1.03m
Neighborhood average
sales price*
$851.67k
Neighborhood median
sales price*
631
Number
of sales*

Housing type

39% are single detacheds
More info

Rooms

39% of the houses have 4 or 5 rooms
More info

Bedrooms

57% have 2 or 3 bedrooms
More info

Owners vs Renters

59% are renters
More info
15.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Apr 6, 2024
Date Event Price $/sqft Source
Apr 6, 2024 Price Decrease $1,675,000 -4.29% 309.73 MLS #41053921
Mar 26, 2024 New Listing $1,750,000 323.59 MLS #41053921

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Frequently Asked Questions about 1832 Bridge Ave

What is 1832 Bridge Ave?

1832 Bridge Ave, Oakland, CA, 94601 is a single family home located in the city of Oakland, California with zipcode 94601. This single family home has 12 bedrooms with an interior area of 5,408 sqft.

Which year was this home built?

This home was build in 1924.

What is the full address of this Home?

1832 Bridge Ave, Oakland, CA, 94601.

Are grocery stores nearby?

The closest grocery stores are El Charro Supermarket, 0.38 miles away and Smart and Final extra!, 0.48 miles away.

What is the neighborhood like?

The 94601 zip area has a population of 412,870, and 45% of the families have children. The median age is 38.41 years and 63% commute by car. The most popular housing type is "single detached" and 59% is renter.

Based on information from the bridgeMLS as of 04-27-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 12, 2024
Verhouse Last checked 2 minutes ago

1832 Bridge Ave, Oakland, CA, 94601 is a single family home located in the city of Oakland, California with zipcode 94601. This single family home has 12 bedrooms with an interior area of 5,408 sqft on a 9,125 sqft sqft lot. This house was build in 1924.
The closest grocery stores are El Charro Supermarket, 0.38 miles away and Smart and Final extra!, 0.48 miles away.
The 94601 zip area has a population of 412,870, and 45% of the families have children. The median age is 38.41 years and 63% commute by car. The most popular housing type is "single detached" and 59% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $1.68m  $75,000 1832 Bridge Ave, Oakland, CA, 94601 12 beds / 5,408 sqft Save House Remove from Saved