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About the Listing BMLS-OBBKWR - BMLS-R01890931,BMLS-SFR1044718
A Julia Morgan address: named in the published record of her East Bay work (Oakland Tribune, 12/18/1994), alongside Hearst Castle and the Chapel of the Chimes. Highland Hospital is a six-minute walk. The rents are the story. 1031 Bella Vista is a 1900 Oakland fourplex on a 7,250 SF lot, a few blocks from I-580. Four units, four gas meters, four electric meters, four parking spaces. Owner pays water and garbage only. Unit 1 spans 1,751 SF on the main floor: three bedrooms, two baths, fireplace, bay-window dining room. Unit 4 is a two-bedroom with a private 181 SF roof deck; Unit 5 a one-bedroom efficiency with a balcony. Both look over Oakland to the Bay. Unit 3 is a one-bedroom with a fireplace. Coin laundry and storage in the basement. Exterior painted 2025. Fully occupied. In-place rents average $1,204; broker market estimate $2,818. The upside comes at turnover. $600,000. $151/SF. $150,000 per unit. $57,999 in-place income, 3.9% cap. At market rents: 4.4 GRM, 15.6% cap.
Listing Highlights for 1031 Bella Vista Ave
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Vinyl
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Back Yard,Front Yard,Sloped Up,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RM-2
- Roof: Shingle
- Others: Stucco,Wood Siding,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 23390102
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1031 Bella Vista Ave Oakland, CA 94610
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