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2 Vacant Houses on 1 Lot | $100K Reduction 3031 Chestnut St 2 Unité Immeuble d’appartements 1 223 671 $ CAD (611 835 $ CAD/Unité) 6,48% Taux de capitalisation Oakland, CA 94608



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Faits saillants de l'investissement
- 100% Vacant at Close: Both residences are delivered vacant, allowing immediate lease-up at market rents or owner occupancy.
- Fully Updated Rear Residence: Rear home features new electrical, flooring, kitchen, and bathroom, providing a turnkey living environment from day one.
- Efficient Lot and Building Layout: Well-utilized 5,280 SF parcel with 2,644 SF of building area and clear separation between structures.
- Two Detached Homes on One Lot: A rare residential configuration offering privacy, functional separation, and broad appeal.
- Private Driveway and Garage: Off-street parking and garage access for the rear residence enhance livability and tenant demand in this submarket.
- Desirable West Oakland Location: Centrally located with convenient access to Emeryville, Downtown Oakland, and major transportation corridors.
Résumé de l'annonce
The Mitchell Warren Team is pleased to present 3029–3031 Chestnut Street. A two-house residential property delivered 100% vacant, located in West Oakland, California. Situated on a 5,280 square foot lot, the property consists of two detached single-family homes totaling 2,644 square feet, offering a rare and functional configuration well-suited for owner-users or investors. Constructed in 1924, the property features two independent residences with separate entrances and clear separation. The front house (3029) is a 3-bedroom / 1-bath single-story residence of approximately 1,050 square feet, while the rear house (3031) is a 5-bedroom / 2-bath residence totaling approximately 1,594 square feet. The rear home has been fully updated with new electrical, flooring, kitchen, and bathroom, and includes a private driveway and garage. The combination of full vacancy, detached residences, and efficient site layout makes this a rarely available offering in West Oakland.
3029–3031 Chestnut Street is situated in West Oakland, a centrally located neighborhood that continues to benefit from its proximity to Emeryville, Downtown Oakland, and the broader East Bay. The property is situated near major transportation corridors, including Interstates 580, 880, and 980, providing efficient access throughout Oakland, Berkeley, Emeryville, and San Francisco. The surrounding area offers convenient access to regional employment centers, neighborhood retail, dining, and everyday services. West Oakland’s central location, combined with improving infrastructure and ongoing investment in nearby districts, continues to support strong residential demand. The property also benefits from proximity to public transportation options, making it an attractive location for both tenants and owner-occupants seeking connectivity and accessibility.
3029–3031 Chestnut Street is situated in West Oakland, a centrally located neighborhood that continues to benefit from its proximity to Emeryville, Downtown Oakland, and the broader East Bay. The property is situated near major transportation corridors, including Interstates 580, 880, and 980, providing efficient access throughout Oakland, Berkeley, Emeryville, and San Francisco. The surrounding area offers convenient access to regional employment centers, neighborhood retail, dining, and everyday services. West Oakland’s central location, combined with improving infrastructure and ongoing investment in nearby districts, continues to support strong residential demand. The property also benefits from proximity to public transportation options, making it an attractive location for both tenants and owner-occupants seeking connectivity and accessibility.
Faits sur la propriété
| Prix | 1 223 671 $ CAD | Classe d’immeuble | C |
| Prix par unité | 611 835 $ CAD | Taille du lot | 0,12 AC |
| Type de vente | Investissement | Taille du bâtiment | 2 644 pi² |
| Taux de capitalisation | 6,48% | Occupation moyenne | 0% |
| Nombre d’unités | 2 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction/rénovation | 1924/2023 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,51/1 000 pi² |
| Style d’appartement | De faible hauteur | Zone de développement économique |
Oui
|
| Prix | 1 223 671 $ CAD |
| Prix par unité | 611 835 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,48% |
| Nombre d’unités | 2 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,12 AC |
| Taille du bâtiment | 2 644 pi² |
| Occupation moyenne | 0% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1924/2023 |
| Ratio de stationnement | 1,51/1 000 pi² |
| Zone de développement économique |
Oui |
Commodités
Commodités des unités
- Lave-vaisselle
- Micro-ondes
- Ventilateurs de plafond
- Cuisine
- Comptoirs de granit
- Planchers de bois franc
- Réfrigérateur
- Four
- Wi-Fi
- Salle à manger
- Fenêtres à double vitrage
- Salle de séjour
- Congélateur
- Jardin
- Rampes
- Patio
- Grandes chambres
Commodités du site
- Salle de bain privée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 3+1 | 1 | 4 102 $ CAD | 1 050 |
| 5+2 | 1 | 5 401 $ CAD | 1 594 |
1 1
Walk Score®
Très pratique à pied (89)
Bike Score®
Un paradis pour un cycliste (99)
Impôts fonciers
| Numéro de lot | 005-0464-011-00 | Évaluation des bâtiments | 858 670 $ CAD |
| Évaluation du terrain | 368 001 $ CAD | Évaluation totale | 1 226 671 $ CAD |
Impôts fonciers
Numéro de lot
005-0464-011-00
Évaluation du terrain
368 001 $ CAD
Évaluation des bâtiments
858 670 $ CAD
Évaluation totale
1 226 671 $ CAD
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2 Vacant Houses on 1 Lot | $100K Reduction | 3031 Chestnut St
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