7408 Garfield Ave
Oakland, CA 94605
- 3 beds
- 3 baths
- 1,273 sqft
- 4,500 sqft lot
- $432 per sqft
- 1943 build
- – on site
Investors Alert! This is a rare opportunity to secure a property with 5%+ CAP rates and instant equity in Oakland's Eastmont neighborhood. This well-maintained duplex features two units, each with one bedroom and one bath, plus an additional one-bedroom, one-bath unit at the rear—perfect for house hackers, owner-occupants seeking rental income, or savvy investors. Spanning 1,273 sq. ft. on a 4,500 sq. ft. lot, this multi-family home offers an open floor plan designed for comfort and flexibility. Outdoor spaces include spacious yards with fruit trees and a deck, enhancing the property’s versatility and appeal for work, play, or extra rental income. For nature lovers, Leona Canyon Regional Open Space Preserve and Redwood Regional Park are just minutes away, with beautiful trails for hiking, biking, and outdoor adventures. The location also offers convenient access to BART, the Coliseum, and Oakland International Airport, as well as quick connections to Highways 580 and 880. With its excellent location, flexible living arrangements, and income potential, this property is a true gem for anyone looking to expand their portfolio or find a multi-functional living space. Don’t miss out on this exceptional investment opportunity!
Listed By CRMLS_CA / Asila Sayedi / KW Advisors East Bay
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# 41078977 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1943
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New Construction:No
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Construction Materials:Wood Siding
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Architectural Style:Traditional
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Patio:1
Interior
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Levels:One
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Eating Area:In Kitchen
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Window Features:Screens
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Flooring:Wood, Tile
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Washer Included
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Laundry:1
Room Dimensions
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Living Area:1273.00
Location
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Directions:73rd Ave Cross Street: 73rd Ave.
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Latitude:37.76618632
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Longitude:-122.17473222
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Lot Features:Corner Lot, Level with Street, Front Yard, Garden
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Lot Size Area:4500.0000
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Lot Size Acres:0.1033
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Lot Size SqFt:4500.00
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Lot Size Source:Public Records
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Other Structures:Storage
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:3
Baths
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Total Baths:3
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Full & Three Quarter Baths:3
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Full Baths:3
The Listing
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Parcel Number:40339825
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Electric Water Heater, Gas Water Heater
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Included:Yes
The Community
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Subdivision:EASTMONT
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Subdivision:EASTMONT
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Pool:None
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Private Pool:No
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Association:No
Parking
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Parking:Yes
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Parking:Covered, Off Street
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Parking Spaces:2.00
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Attached Garage:No
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Garage Spaces:2.00
Monthly cost estimate
Asking price
$549,999
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. |
$2,945
|
Taxes | N/A |
Insurance | $151 |
Utilities | $183 See report |
Total | $3,279/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).
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).
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 |
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11/14/24
Nov 14, 2024
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Listed / Active | CRMLS_CA | $549,999 |
48% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $36k above asking price on average, but some went as high as $182k over asking price.