**OFFERS AS THEY COME** The Grant Chappell Team is pleased to present 3342 Magnolia Street, consisting of a 1-bedroom cottage and (2) 1 bed/1 bath units on the western tip of West Oakland. Surrounded by a gated fence, the property has been well maintained in and out. featuring separately metered gas and electric for low operating expenses. This property presents the perfect opportunity for an investor to acquire a well located asset with value add potential.
Off market
Zestimate®
$582,200
3342 Magnolia St, Oakland, CA 94608
3beds
3baths
1,656sqft
MultiFamily
Built in 1910
-- sqft lot
$582,200 Zestimate®
$352/sqft
$3,578 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Wall, Gas
Interior area
- Structure area source: Public Records
- Total interior livable area: 1,656 sqft
Property
Features
- Exterior features: Other
- Fencing: Fenced
Lot
- Size: 2,739 sqft
- Features: Corner Lot
Details
- Parcel number: 547312
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1910
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Individual Gas Meter, Individual Electric Meter
Community & neighborhood
Security
- Security features: Smoke Detector(s), Window Bars
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 63000
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- HeatingYN: true
- CoolingYN: true
- Roof: See Remarks
- NumberOfUnitsTotal: 3
- Fencing: Fenced
- LotFeatures: Corner Lot
- Flooring: See Remarks
- ExteriorFeatures: Back Yard
- OperatingExpenseIncludes: Utilities, Insurance, Maintenance, Trash, Fuel, Water, Electric, Vacancy Allowance, Property Tax/Assessments, Garbage Collection, License/Ads
- SpecialListingConditions: Standard
- ParkingFeatures: Street Parking
- MaintenanceExpense: 1500
- TenantPays: Gas, Electric
- SecurityFeatures: Smoke Detector(s), Window Bars
- Heating: Wall Furnace
- Appliances: Gas Water Heater
- TotalActualRent: 63000
- GrossScheduledIncome: 63000
- BuildingAreaSource: Public Records
- Cooling: See Remarks
- VacancyAllowance: 1890
- ConstructionMaterials: Siding - Other
- Utilities: Individual Gas Meter, Individual Electric Meter
- InsuranceExpense: 1115
- ProfessionalManagementExpense: 1500
- MlsStatus: Active
- ListPriceLow: 775000
- TaxAnnualAmount: 13106
- NetOperatingIncome: 39194
- OperatingExpense: 21916
- Electric: No Solar
- LeaseTerm: Security Deposit
- GrossIncome: 61110
- OtherExpense: 303
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Estimated market value
$582,200