SOLD 03/22/2024
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Home sold for $1,050,000 in 99 days
873 29th St Oakland, CA, 94608
Off the market 4 beds 2,176 sqft
4-unit apartment complex fully renovated in 2023. Current CAP rate: 6.08% and the current GRM is 10.85. The property offers approximately 2,176 square feet of rental space and sits on a 3,500 square foot lot with off-street parking and room for a backyard patio. The unit mix offers four 1b/1bth units that are leased to new tenants at market rates. One unit will be delivered vacant at closing making it perfect for an owner-occupant! The property offers brand new units with new flooring, high-end kitchens and bathrooms, wood flooring, in-unit water heaters, double pane windows, new electrical systems, new plumbing, a new roof, new siding, a new sewer lateral, and more. The property is separately metered for PG&E and should have low annual operating expenses and no maintenance requirements. The tenants are all new and easy to manage so hiring a property manager should not be necessary. This is a very attractive Oakland location, only a few minutes from Downtown Oakland, San Francisco, and Berkeley with easy access HWY 880, HWY580, and HWY24 and multiple BART stations. This location is great for walking and biking with ample public transportation options making it one of the more desirable neighborhoods in Oakland.
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Property details
2,176 sqft interior area
Property type
Home
Interior area
2,176 sqft
Land area
3,484 sqft (0.08 acres)
Price per sqft
$482/sqft
Address
873 29th St, Oakland, CA, 94608
City of California
Oakland
County
Alameda
Previous price
$1,150,000
Sold price
$1,050,000
Year Built
1908
District
Listing
Open Houses
No upcoming open houses
Interior Features
Other floors
Beds
4
Floors
Other
Garage & Parking
Other
Heathing & Cooling
Other, Other
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 #
41046076
Buyer agent
Name
David Howarth
Brokerage company
The Pinza Group, Inc
Payment calculator
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Mortgage
$3,224
Taxes
$0
HOA dues
$0
Mortgage
$210,000 / 20%
2.28%
30 years
Your amount
$3,224 / month
Exterior Features
Other construction
Construction
Other
Yard
Other
Lot details
TMK #969315
Lot Description
Other
Parcel nr.
969315
94608 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94608
39%
Families with children
National average: 39%
55%
Non family households
366,871
Population
$123,990
Average Income
Age & gender
Median age 38 years
More info
Commute types
51% commute by car
More info
Education level
33% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$1.22m
Neighborhood average
sales price*
sales price*
$986.17k
Neighborhood median
sales price*
sales price*
613
Number
of sales*
of sales*
Housing type
33% are apartments
More info
Rooms
33% of the houses have 2 or 3 rooms
More info
Bedrooms
48% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are renters
More info
17.5 / 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
Green energy efficient
Efficient
Other
Price history
Sold Mar 22, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 22, 2024 | Sold | $1,050,000 | 482.54 | Public Record |
| Mar 22, 2024 | Price Decrease | $1,050,000 -8.7% | 482.54 | MLS #41046076 |
| Feb 25, 2024 | Pending | $1,150,000 | 528.49 | MLS #41046076 |
| Jan 26, 2024 | For sale | $1,150,000 | 528.49 | MLS #41046076 |
| Jan 12, 2024 | Pending | $1,150,000 | 528.49 | MLS #41046076 |
| Dec 15, 2023 | New Listing | $1,150,000 +79.69% | 528.49 | MLS #41046076 |
| Feb 16, 2022 | Sold | $640,000 | 294.12 | Public Record |
| Feb 16, 2022 | Price Decrease | $640,000 -8.44% | 294.12 | MLS #40977410 |
| Jan 30, 2022 | Pending | $699,000 | 321.23 | MLS #40977410 |
| Jan 7, 2022 | New Listing | $699,000 +9.22% | 321.23 | MLS #40977410 |
| Jan 7, 2022 | New Listing | $699,000 | 321.23 | MLS #40977411 |
| Feb 16, 2022 | Sold | $640,000 | 294.12 | Public Record |
| Feb 16, 2022 | Price Decrease | $640,000 -8.44% | 294.12 | MLS #40977411 |
| Jan 30, 2022 | Pending | $699,000 | 321.23 | MLS #40977411 |
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Frequently Asked Questions about 873 29th St
What is 873 29th St?
873 29th St, Oakland, CA, 94608 is a single family home located in the city of Oakland, California with zipcode 94608. This single family home has 4 bedrooms with an interior area of 2,176 sqft.
Which year was this home built?
This home was build in 1908.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
873 29th St, Oakland, CA, 94608.
Are grocery stores nearby?
The closest grocery stores are Community Foods Market, 0.22 miles away and Koreana Plaza, 0.57 miles away.
What is the neighborhood like?
The 94608 zip area has a population of 366,871, and 39% of the families have children. The median age is 38 years and 51% commute by car. The most popular housing type is "apartment" and 63% is renter.
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: Mar 23, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Community Foods Market, 0.22 miles away and Koreana Plaza, 0.57 miles away.
The 94608 zip area has a population of 366,871, and 39% of the families have children. The median age is 38 years and 51% commute by car. The most popular housing type is "apartment" and 63% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
