Oakland, CA 94610 389 Euclid Ave
$1,299,000
Pending
27 more
Presented By: Errol Vincent with Vincenthomes Real Estate Srv
Beds • 6
Baths • 5
SQFT • 3,560
Home Details
4-UNITS: live in one & rent out the others. This investment is a solid choice for families or investors. A fantastic investment opportunity in a prime location! The Adams Point neighborhood is truly desirable, with its easy access to downtown Oakland, the vibrant Lake Merritt area, freeways, and public transportation. The diverse community and nearby amenities make it even more appealing. 389 Euclid Ave offers a spacious 3-bedroom, 2-bathroom home with a basement for laundry and storage, while 387 Euclid Ave provides three additional rental units, including a 1-bedroom, 1-bath penthouse. These units can also be given access to the basement. The potential for adding an ADU in the backyard is also a great asset. Given Oakland's promising real estate market growth and high demand for rentals in this area makes this an excellent investment opportunity. Also, very conservative numbers were used on the scheduled/possible rents (See info below). If you have any specific questions or need further assistance, feel free to ask!
Presented By: Errol Vincent with Vincenthomes Real Estate Srv
Interior Features for 389 Euclid Ave
Bedrooms
Unit 1 Bedrooms3
Unit 3 Bedrooms1
Unit 2 Bedrooms1
UnitType4BedroomUnitsTotal0
Unit 1 Bedroom Units Total3
Unit 2 Bedroom Units Total
Unit 3 Bedroom Units Total1
Unit 4 Bedrooms1
Bathrooms
Unit 4 Full Baths1
Unit 1 Full Baths2
Unit 2 Full Baths1
Unit 3 Full Baths1
Unit 2 Partial Baths
Unit 1 Partial Baths
Unit 4 Partial Baths
Other Interior Features
Unit 4 TypePenthouse
Unit 3 TypeApartment
Unit 2 TypeApartment
Unit 1 TypeApartment
Unit 2 DescriptionRight-side of Bldg, 2nd Floor
Unit 3 DescriptionRight-side of Bldg, 2nd Floor
Unit 4 DescriptionRight-side of Bldg, 3rd Floor
Unit 1 DescriptionSeparate Unit
Unit 1 Approx SqFt1200
Unit 2 Approx SqFt800
Unit 3 Approx SqFt
Unit 4 Approx SqFt
LivingAreaSourceAssessor Auto-Fill
# Studios Occupied
UnitTypeStudioUnitsTotal
Interior AmenitiesFormal Entry, Skylight(s), Storage Area(s)
Laundry FeaturesIn Common Area, Other
Total Stories3
Other Rooms
Unit 1 # of Rooms5
Unit 2 # of Rooms2
Unit 3 # of Rooms2
Unit 4 # of Rooms2
General for 389 Euclid Ave
# of Guest Space(s)
4 Bedroom Rent Range3800-4500
Architectural StyleConversion, Traditional
AuctionNo
Cap Rate6.00
Carport Spaces0.00
CityOakland
Close Price0.00
CoolingNone
CountyAlameda
DirectionsPlease use your GPS.
Elementary School DistrictOakland Unified
Garage Spaces0.00
Gross Income136000
Gross Rent Multiplier0.00
HOANo
HOA Fee$
HeatingVaries by Unit, Wall Furnace
High School DistrictOakland Unified
LevelsThree, Two
Lot Size Square Feet6251.00
Lot Size UnitsAcres
MLS AreaOakland Zip 94610
Middle/Junior School DistrictOakland Unified
Number Of Units Total4
Open Parking Spaces4.00
Patio/Porch FeaturesBalcony/Deck, Covered Deck, Varies by Unit
PossessionClose Of Escrow, Subject To Tenant Rights
Property ConditionVaries by Unit
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle, Tar/Gravel, Tile
School District (County)Alameda
SewerPublic Sewer, Sewer Connected
Standard StatusPending
StatusPending
Subdivision NameHighland
Subtype DescriptionApartments, Penthouse
Tenant PaysCable TV, Electricity, Gas
UnitTypeCommercialUnitsTotal0
ViewCity, Varies by Unit
Year Built1917
Year Built SourceAssessor Auto-Fill
Exterior for 389 Euclid Ave
Covered Spaces0.00
Independent Parking Spaces
Lot FeaturesLandscape Front
Lot Size Acres0.1435
Lot Size SourceAssessor Auto-Fill
Number of Buildings1
Parking FeaturesOff Street, Open
Tandem Parking Spaces4
Total Parking4.00
Water SourceMeter on Site, Public, Water District
Additional Details
Price History
Sean Gaynor-Rousseau
Broker Associate