Great six-plex in vibrant Laurel district. Five units are spacious two bedroom units, the sixth unit is three bedrooms, two baths. All units have fireplaces. The largest unit has been beautifully updated. One unit with a 50 year tenant needs renovation. Current rents are under market. This is NOT a soft story building. Current CAP Rate 4.8, market CAP rate 7.7
Off market
$1,415,800
3849 Maybelle Ave, Oakland, CA 94619
5beds
3baths
2,200sqft
Garden Apts
Built in 1962
-- sqft lot
$1,415,800 Zestimate®
$644/sqft
$2,315 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced air, Wall, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator, Washer
- Laundry: Laundry Room, Coin Operated
Features
- Updated Baths, Updated Kitchen, Extra Storage
- Flooring: Tile, Carpet
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
Features
- Patio & porch: Balcony/Patio
- Exterior features: Stucco
Lot
- Size: 0.28 Acres
- Features: Level
Details
- Parcel number: 301929175
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Garden Apts
Materials
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 4137
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Carpet, Tile
- Appliances: Dishwasher, Refrigerator, Disposal, Washer, Gas Water Heater, Oven Range Built-In
- FireplaceYN: true
- CarportYN: true
- Heating: Gas, Wall Furnace, Forced Air 1 Zone
- HeatingYN: true
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Stucco
- LotFeatures: Level
- OperatingExpenseIncludes: Insurance, Trash, Gas, Water, Electric, Maintenance/Repair, Property Tax/Assessments, License/Ads
- ExteriorFeatures: Playground
- MaintenanceExpense: 6000
- TenantPays: Electricity, Gas
- LaundryFeatures: Laundry Room, Coin Operated
- View: Trees/Woods
- CapRate: 4.59
- ParkingFeatures: Parking Area, Carports - 2 Or More
- ProfessionalManagementExpense: 0
- VacancyAllowance: 0
- InsuranceExpense: 3300
- InteriorFeatures: Updated Baths, Updated Kitchen, Extra Storage
- Roof: Rolled Composition
- PatioAndPorchFeatures: Balcony/Patio
- MlsStatus: Active
- PropertySubType: Garden Apts
- GrossIncome: 124600
- GrossScheduledIncome: 124600
- NetOperatingIncome: 72800
- TotalActualRent: 4137
- TaxAnnualAmount: 26400
- ListPriceLow: 1600000
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,415,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,415,800