435 Vernon St, Oakland CA, 94610
(Active)
$2,250,000
|
11 beds, 4 Full/1 Half baths, 4,516 sqft
|
MLS# 41045021
Last Updated: 5/16/2024 4:08 AM
Description for
435 Vernon St
Oakland, CA 94610
Gorgeous, fully renovated, 12-bedroom house in Lake Merritt/Grand Lake offering a variety of options for both owner-occupants and investors. Entire building to be delivered vacant at closing. All the bedrooms were previously rented individually and the income averaged approximately $20,000/month. The front house offers 11 bedrooms, 4.5 bathrooms and in the backyard there is a 1-bedroom, 1-bathroom ADU. The entire property has been fully renovated with new electrical and plumbing systems, new HVAC systems, solar, custom tile, custom lighting, hardwood floors, double pane windows, and more. The kitchen was expanded and fully remodeled in 2020 and features Viking appliances, Hansgrohe fixtures, and a variety of other high-end details. The ADU was legalized, gutted, and completely remodeled in 2020. The seller plans to deliver the property vacant including the back ADU, creating the perfect opportunity for an owner-occupant or investor seeking high market rent.
Price
$2,250,000
LAKE MERRITT
Alameda
11
4 Full/1 Half
4,516 (approx)
41045021
Active
Description
Gorgeous, fully renovated, 12-bedroom house in Lake Merritt/Grand Lake offering a variety of options for both owner-occupants and investors. Entire building to be delivered vacant at closing. All the bedrooms were previously rented individually and the income averaged approximately $20,000/month. The front house offers 11 bedrooms, 4.5 bathrooms and in the backyard there is a 1-bedroom, 1-bathroom ADU. The entire property has been fully renovated with new electrical and plumbing systems, new HVAC systems, solar, custom tile, custom lighting, hardwood floors, double pane windows, and more. The kitchen was expanded and fully remodeled in 2020 and features Viking appliances, Hansgrohe fixtures, and a variety of other high-end details. The ADU was legalized, gutted, and completely remodeled in 2020. The seller plans to deliver the property vacant including the back ADU, creating the perfect opportunity for an owner-occupant or investor seeking high market rent.
Listing Information
| Property Type: Single Family, Other | ||
| 11 | 4 Full/1 Half | |
| 0.15 Acres | Public Records | 4,516 (approx) |
| 1914 | Stucco | |
LAKE MERRITT
Public Sewer
Neighborhood
Room Information
| Bathrooms | |||
| 4 | 1 | ||
Total: 11
Interior Features
Wood
None
Other,
Forced Air
Exterior / Lot Features
0 Covered Parking Spaces,
None
Stucco
None
Driving Directions
Perkins St Right on Vernon St Cross Street: Perkins St.
Financial Considerations
| 107914 |
Listing Price History
Oakland Real Estate
Oakland is located in California. Oakland, California 94610 has a population of 428,352.
The median household income in Oakland, California 94610 is $108,724. The median household income for the surrounding county is $107,045 compared to the national median of $66,222. The median age of people living in Oakland 94610 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 11/28/2023 | Active | $2,250,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $27,410 USD | 2.04% | $1,859,170 USD | - |
| 2022 | $26,863 USD | 3.07% | $1,859,170 USD | 2.00% |
| 2021 | $26,063 USD | 1.08% | $1,822,722 USD | 3.06% |
| 2020 | $25,784 USD | 2.91% | $1,768,680 USD | - |
| 2019 | $25,055 USD | 42.33% | $1,768,680 USD | 2.00% |