SOLD 05/25/2023
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Interior Features
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Commercial sold for $1,575,000 in 109 days
78 Glen Ave Oakland, CA, 94611
Neighborhood: Piedmont AvenueOff the market 5 or More Units
Price reduced in this amazing location 7-plex, next to Piedmont Ave. Near Kaiser & Summit Hospitals, and Bart is less than a mile away. Many upgrades done to this charming building. 5 units delivered vacant to ensure high market rent prices - a sure way to get on a good cycle for solid financial return. Amazing price for this rarely available investment opportunity. New 400 amp electrical service. Newly painted outside and all of the vacant unit. Updated kitchen and new floors. Excellently maintained by Discovery management. Prime prime prime location!!
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Property details
3,489 sqft interior area
Land area
2,850 sqft (0.07 acres)
Address
78 Glen Ave, Oakland, CA, 94611
City of California
Oakland
County
Alameda
Previous price
$1,675,000
Year Built
1912
Parking Spaces
2
Neighborhood
Piedmont Avenue
District
Oakland Zip Code 94611
Nearby major retailers
Public Storage
7-Eleven
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Kohl's
Whole Foods Market
Pet Food Express
Petco
TJ Maxx
The Home Depot
Marshalls
Apple Store
Ross
AT&T
O'Reilly Auto Parts
Verizon Wireless
T-Mobile
See's Candies
GNC
MetroPCS
Supercuts
AutoZone
Dollar Tree
Chevron Food Mart
Shell
Amazon 4-star
Pet food express
Nordstrom
GameStop
Toyota
7-eleven
Storage rental: 3
Convenience: 19
Chemist: 2
Supermarket: 14
Greengrocer: 3
Department store: 8
Pet: 8
Do it yourself: 2
Electronics: 2
Mobile phone: 16
Car parts: 6
Confectionery: 2
Nutrition supplements: 2
Hairdresser: 3
Variety store: 2
Video games: 1
Car repair: 1
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Interior Features
2 parking places, Hardwood, Vinyl floors
Roof
Composition
Floor Covering
Hardwood, Vinyl
Garage & Parking
Parking Lot, On Street, Side By Side
Utilities Included
Individual Electric Meter, Individual Gas Meter, Master Electric Meter
Appliances
Gas Water Heater
Basement
Partial
Listed by
Ed Kuo, The GRUBB Company
Name
Ed Kuo
License number
01034071
Brokerage company
The GRUBB Company
MLS #
41018634
Buyer agent
Name
Kahila Nilsson
Brokerage company
Nilsson Real Estate
Payment calculator
Calculate your monthly payments
Mortgage
$4,836
Taxes
$0
HOA dues
$0
Mortgage
$315,000 / 20%
2.28%
30 years
Your amount
$4,836 / month
Exterior Features
Stucco, Wood Shingles construction and more
Construction
Stucco, Wood Shingles
Yard
Garden
Lot details
TMK #012099200100
Lot Description
Corner Lot, Level, Premium Lot, Garden
Parcel nr.
012099200100
Piedmont Avenue neighborhood 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 Piedmont Avenue
40%
Families with children
National average: 39%
53%
Non family households
445,595
Population
$115,909
Average Income
Age & gender
Median age 38 years
More info
Commute types
51% commute by car
More info
Education level
32% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
47% have 1 vehicle
More info
Vehicles by gender
47% have 1 vehicle
More info
Housing market insights for
$1.29m
Neighborhood average
sales price*
sales price*
$1.11m
Neighborhood median
sales price*
sales price*
768
Number
of sales*
of sales*
Housing type
32% are single detacheds
More info
Rooms
32% of the houses have 2 or 3 rooms
More info
Bedrooms
48% have 2 or 3 bedrooms
More info
Owners vs Renters
61% are renters
More info
18.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold May 25, 2023
Piedmont Avenue Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 1 bed | $403k | 7.14% |
| 2 beds | $750k | 35.71% |
| 3 beds | $962.5k | 42.86% |
| 4 beds | $1.1m | 7.14% |
| 11 beds | $1.04m | 7.14% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 25, 2023 | Sold | $1,575,000 | 451.42 | Public Record |
| Apr 3, 2023 | Pending | $1,575,000 | 451.42 | MLS #41018676 |
| Mar 24, 2023 | Price Decrease | $1,575,000 -5.97% | 451.42 | MLS #41018676 |
| Feb 27, 2023 | Price Decrease | $1,675,000 -6.16% | 480.08 | MLS #41018676 |
| Feb 6, 2023 | New Listing | $1,785,000 +13.33% | 511.61 | MLS #41018676 |
| Feb 6, 2023 | New Listing | $1,785,000 | 0 | MLS #41018634 |
| May 25, 2023 | Sold | $1,575,000 | 0 | Public Record |
| Apr 3, 2023 | Pending | $1,575,000 | 0 | MLS #41018634 |
| Mar 31, 2023 | Price Decrease | $1,575,000 -5.97% | 0 | MLS #41018634 |
| Feb 27, 2023 | Price Decrease | $1,675,000 -6.16% | 0 | MLS #41018634 |
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Frequently Asked Questions about 78 Glen Ave
What is 78 Glen Ave?
78 Glen Ave is a Commercial/Industrial propertywith 3,489 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
78 Glen Ave, Oakland, CA, 94611.
What comparable properties are nearby?
Comparable nearby commercial properties include 739 Jean St, 3231 Telegraph Ave, 520 27th St, 362 Grand Ave, 970 W Macarthur Blvd, 3321 Chestnut St.
Based on information from the bridgeMLS as of 04-25-2024. 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: May 26, 2023
Verhouse Last checked 4 minutes ago
The closest grocery stores are Piedmont Grocery, 0.1 miles away and Monte Vista Food Center, 0.14 miles away.
The Piedmont Avenue neighborhood has a population of 445,595, and 40% of the families have children. The median age is 38.55 years and 51% commute by car. The most popular housing type is "single detached" and 61% is renter.
