Oakland’s 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park, Joaquin Miller Park, etc.), schools (Allendale Elementary, Laurel Elementary, etc.), and the vibrant shopping of both Fruitvale Avenue and MacArthur Boulevard, tenants with families will especially love the versatility of this residence. From a property management standpoint, this is a no-frills investment that requires little in the way of regular expenses because tenants pay for all utilities (excluding garbage). Listed at a very modest $800,000.
Property Details
Property Features
Property Information:
Year Built: 1925
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (925) 934-2900
Listing Agent: Joey Wang
Interior Features
Interior Information:
Appliances: Gas Water Heater
Flooring Type: Carpet, Concrete, Laminate, Tile
Exterior Features
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Electric, Natural Gas, Wall Furnace
Other
Directions Information:
Directions: SouthEast on Allendale Ave, Right on 38th Ave Cross Street: 38th Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $800,000
Tax Information:
Annual Amount: $8,042
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Oakland, CA.
This property is $50K less than the Median Sold Price in Oakland, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #41079333
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (925) 934-2900
Listing Agent: Joey Wang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 26, 2016
Oct 26, 2016Home Sold
$412,000
May 17, 1994
May 17, 1994Home Sold
$145,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,042
$455,680
2020
$8,042
$451,010
2019
$7,413
$442,170
2018
$6,940
$433,500
2017
$6,940
$412,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Allendale Elementary School
3670 Penniman Ave
Distance between this listing and this school0.16 miles
Public District Grades PK-5
5
/10
Learning Without Limits
2035 40th Ave
Distance between this listing and this school0.55 miles
Public Charter Grades KG-5
3
/10
Global Family Elementary School
2035 40th Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-5
Nearby Schools
6
/10
Melrose Leadership Academy
4730 Fleming Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-8
2
/10
United for Success Academy
2101 35th Ave
Distance between this listing and this school0.62 miles
Public District Grades 6-8
4
/10
Oakland Charter Academy
4215 Foothill Blvd
Distance between this listing and this school0.87 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Life Academy
2101 35th Ave
Distance between this listing and this school0.62 miles
Public District Grades 6-12
8
/10
Oakland Charter High School
2433 Coolidge Ave
Distance between this listing and this school0.78 miles
Public Charter Grades 9-12
2
/10
Fremont High School
4610 Foothill Blvd
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $33,077. The majority of Oakland, CA residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 2802 38th Ave in Oakland, CA and zip code 94619 in the Allendale neighborhood. This home, which was built in 1925, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $800,000.
In November 2024 more than 122 listings in Oakland, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 59 were sold below. The inventory of homes for sale in Oakland, CA between October 2024 and November 2024 decreased by 12.3%. The median list price of listings available in November 2024 was $850,000, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.