2417 Ivy Dr
Oakland, CA 94606
- 8 beds
- – baths
- 4,152 sqft
- 6,406 sqft lot
- $337 per sqft
- 1941 build
- – on site
More homes
Welcome to 2417 Ivy Drive, a classic 1940s five-unit building with a ton of charm and period details located in Oakland’s Ivy Hill close to Lake Merritt. This three-story well-maintained building consists of five large residential units (830 average SF per unit) over a laundry room and basement area approved (but expired) for a sixth unit expansion. All five units feature hardwood floors and are tenant-occupied, and in addition to the approved sixth unit within the building’s envelope a feasibility study states that two ADUs can potentially be built in the large backyard to extend this property to eight units total. All units are 2BD/1BA with living rooms and separate dining areas. Gross monthly rent is $10,611. LOW price per unit ($280,000/unit) and square foot ($337/SF) with accompanying 18% upside in rents (current cap rate 5.14%). Units are separately metered for PG&E. The location can't be beat - no car is necessary here with a walk score of 86. 1.5 miles to Lake Merritt BART; a little over a half mile to Lucky supermarket, Trader's Joes and beautiful Lake Merritt; and easy access to all the popular bars, restaurants and venues of Downtown, Uptown and the Grand Lake Ave/Lakeshore Ave district.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Aug 24, 2024
•
MLS# 41062808 —
The Building
-
Year Built:1941
-
Basement:Storage Space
-
Construction Materials:Stucco
-
Window Features:Double Pane Windows
-
Security Features:Carbon Monoxide Detector(s)
-
Other Equipment:Intercom
-
Building Area Total:4152
-
Building Area Units:Square Feet
-
Building Area Source:Measured
Interior
-
Interior Features:Storage Area(s)
-
Flooring:Hardwood
-
Fireplace:false
Room Dimensions
-
Living Area:4152
-
Living Area Units:Square Feet
Location
-
Directions:Near Park Blvd and 7th Ave
The Property
-
View:Downtown
-
View:true
-
Property Type:Residential Income
-
Property Subtype:OTHER
-
Lot Features:Sloped Down
-
Lot Size Area:0.15
-
Lot Size Acres:0.15
-
Lot Size SqFt:6406
-
Lot Size Units:Acres
-
Exterior Features:Back Yard
-
Zoning:RU-2
-
Parcel Number:223387
Listing Agent
- Contact info:
- Agent phone:
- (510) 292-8160
Beds
-
Bedrooms Total:8
The Listing
-
Special Listing Conditions:Standard
Heating & Cooling
-
Heating:Floor Furnace
-
Heating:true
-
Cooling:No Air Conditioning
-
Cooling:true
Utilities
-
Utilities:Water/Sewer Meter on Site
-
Electric:No Solar
Appliances
-
Appliances:Washer
-
Laundry Features:Common Area
The Community
-
Subdivision Name:IVY HILL
-
Association:false
Parking
-
Garage:true
-
Attached Garage:true
-
Carport:false
-
Parking Total:4
-
Parking Features:Attached
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/20/24
Aug 20, 2024
|
Sold | BRIDGE | $1,400,000 | |
|
6/27/24
Jun 27, 2024
|
Sold Subject To Contingencies | BRIDGE | $1,400,000 | |
|
6/13/24
Jun 13, 2024
|
CRMLS_CA | $1,400,000 |
