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1362 E 27th St
Oakland, CA 94606
Bella Vista Gardens - two parcels · Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 12,996 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.15/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | RM1 - RM-1. Highest and best use is to split the two lots which are connected by a single water line and single sewer line. | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 12,996 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | RM1 - RM-1. Highest and best use is to split the two lots which are connected by a single water line and single sewer line. |
Amenities
Unit Amenities
- Granite Countertops
- Hardwood Floors
- Double Pane Windows
Site Amenities
- Trash Pickup - Curbside
About 1362 E 27TH ST , OAKLAND, CA 94606
Bella Vista Gardens is a stately 1920’s 5-unit apartment building and a single family home perched on a gentle slope next to Ivy Hill, just over 1 mile east of Lake Merritt in Oakland CA. The wood-framed stucco 5-plex has two 2-bedroom 1-bath units and three 1-bedroom 1-bath units and a non-conforming studio. The brown shingle home has 3 bedrooms and 2 bathrooms on an adjacent lot with the potential for development. The property has a 2-car garage at the base of the single family home which is surrounded by lush gardens and mature fruit trees. Residents benefit from easy access to the I-580, bay views, remodeled units, and plenty of open space. A new owner has the opportunity to split the lots by adding a sewer line and develop the site by adding square footage or a possible ADU. There is approximately 20% up- side in the rents. Some new double pane windows, new garage and roof, new paint and flooring, some new kitchens and countertops.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 450 |
| 2+1 | 2 | $1,789 | 800 |
| 3+2 | 1 | $2,250 | 1,200 |
| 1+1 | 3 | $1,625 | 650 |
Property Taxes
| Parcel Number | 022-0356-048-00 | Improvements Assessment | $786,596 |
| Land Assessment | $318,360 | Total Assessment | $1,104,956 |
Property Taxes
