2 months on rocket

2883 Brookdale Ave, Oakland, CA, 94602

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2883 Brookdale Ave, Oakland$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1915
HeatingNatural Gas
MLS #41071956
Lot Size0.19 Acres
StatusActive

About 2883 Brookdale Ave

This eight-unit property at 2883 Brookdale Avenue in Oakland offers a prime value-add opportunity for investors. The unit mix includes one two-bedroom, two-bathroom unit; four two-bedroom, one-bathroom units; one one-bedroom unit; and three studio units, with four of the units being non-conforming. This unique configuration provides flexibility for potential reconfiguration or legalization, unlocking significant upside potential. Located in a desirable Oakland neighborhood, the property benefits from strong rental demand and proximity to major amenities and transportation. The ample off-street parking is a valuable feature, enhancing tenant convenience and appeal. With some strategic renovations and adjustments, this property has the potential to command higher rents and increase overall returns. This is a rare opportunity to invest in a property with both immediate cash flow and long-term growth potential in a thriving market. Don’t miss out on the chance to add this promising asset to your portfolio. Seller Financing Available!

Property Details

Property Features

Property Information:

  • Year Built: 1915

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

Interior Features

Interior Information:

  • Flooring Type: Carpet

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Left off of Fruitvale from 580 Cross Street: Fruitvale.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000

Tax Information:

  • Annual Amount: $9,685
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

2883 Brookdale Ave vs Oakland

73 DAYS ON ROCKET

+40 Days

$995,000

+$134.2K More

KEY TAKEAWAY

This property is $134.2K more 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: #41071956

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

IDX 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: 11/17/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2015Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,685$519,473
2020$9,685$514,148
2019$8,880$504,070
2018$8,428$494,190
2017$8,428$484,500

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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.

Nearby Schools

school-card-donut-559651
2
/10

  • Fruitvale Elementary School

  • 3200 Boston Ave

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-559652
2
/10

  • Manzanita Community

  • 2409 E 27th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-559653
3
/10

  • Manzanita SEED Elementary School

  • 2409 E 27th St

  • 0.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,984. The majority of Oakland, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94602›2883 Brookdale Ave

This home is located at 2883 Brookdale Ave in Oakland, CA and zip code 94602 in the Patten neighborhood. This home, which was built in 1915, sits on a 0.19 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $995,000.

In October 2024, from all listings sold in Oakland, CA there were more than 165 sold above asking price, over 45 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Oakland, CA between September 2024 and October 2024 increased by 9.9%. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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