1634 23rd Avenue
Oakland, CA 94606-4713
- – beds
- 7 baths
- 2,950 sqft
- 7,200 sqft lot
- $269 per sqft
- 1924 build
- – on site
KW Commercial is pleased to be retained as the exclusive broker for 1634 23rd Ave, seven (7) studio unit mult i - family property nestled in the Tuxedo neighborhood of Oakland. The asset presents an exceptional opportunity for investors seeking to capitalize on relatively low cost of entry as well as significant upside in market rents. The lot is approx. 7,200 SF with approx. 2,950 SF of living space. Built in 1924, 1634 23rd Ave i s two structures separated by a common driveway. Both structures are built of wood frame construction and stucco exterior. Heat is provided to the units via gas wall heaters. T h e age of the roof is unknown. The galley kitchens consist of a refrigerator, a gas stove, tile or granite countertops (renovated units) and wood cabinetry. The flooring throughout the units is either tile or Pergo (renovated units). There is ample closet space. On-site parking is available for each of the seven (7) units. 1634 23rd Ave offers investors the opportunity to diversify your portfolio or redevelop the large lot. WITH THREE UNITS CURRENTLY VACANT the new owner can maximize the potential of this property.
Last checked:
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Last updated Jan 22, 2025
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MLS# 41083182 —
The Building
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Year Built:1924
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New Construction:No
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Construction Materials:Stucco, Wood Siding
Interior
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Levels:One
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Kitchen Features:Stone Counters, Tile Counters
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Flooring:Laminate, Tile, Vinyl, See Remarks
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Fireplace:Yes
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Fireplace:Decorative
Room Dimensions
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Living Area:2950.00
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:See Below Cross Street: Foothill.
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Latitude:37.78537903
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Longitude:-122.23333943
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Lot Size Area:7200.0000
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Lot Size Acres:0.1653
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Lot Size SqFt:7200.00
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Lot Size Source:Public Records
Listing Agent
- Contact info:
- No listing contact info available
Baths
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Total Baths:7
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Full & Three Quarter Baths:7
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Full Baths:7
The Listing
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Parcel Number:2020312
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:Yes
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Gas Water Heater
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Included:Yes
The Community
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Subdivision:TUXEDO
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Subdivision:TUXEDO
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Association:No
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Pool:None
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Private Pool:No
Parking
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Parking:Yes
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Parking:Parking Space
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Parking Spaces:7.00
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Attached Garage:No
Monthly cost estimate
Asking price
$795,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,256
|
| Taxes | N/A |
| Insurance | $218 |
| Utilities | $240 See report |
| Total | $4,714/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/22/25
Jan 22, 2025
|
Listed / Active | CRMLS_CA | $795,000 |
72% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $105k above asking price on average, but some went as high as $530k over asking price.
