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Sold for $1,570,000 on 11/08/23
  • $1,570,000

    5867 Ocean View Dr, Oakland, CA 94618

    5beds
    3baths
    3,480sqft
    Triplex
    Built in 1920
    -- sqft lot
    $1,626,500 Zestimate®
    $451/sqft
    $4,479 Estimated rent

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    $9,983/mo

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    What's special

    Extraordinary, one-of-a-kind opportunity in the heart of Rockridge, just a short walk to BART and College Avenue. This property was built as a single-family home in 1920 and converted to a triplex at some point afterwards. Up until recently, the property was fully leased (gross rents totaling approximately $7,850, with the three tenants paying all of the utilities), but is now completely vacant! The most recent tenants (a three bedroom/one bath apartment and two one-bedroom/one bath apartments) removed a wall and door separating two of the three units, and lived somewhat communally. The property exudes old-world charm and features generously sized rooms throughout, hardwood floors, with high ceilings on the main level. The kitchen and bath on the main level have been updated. The lower-level apartment has a large and exquisitely wood-paneled living room and separate dining area. The entire interior was just freshly painted. There is a long driveway along the west elevation and an additional three parking spaces off of Broadway!

    Zillow last checked: 8 hours ago

    Listing updated: November 09, 2023 at 11:50am

    Listed by:

    Andrew Sohn DRE #01931716 510-701-2100,

    Compass

    Bought with:

    Carla J. Higgins, DRE #01281540

    Compass

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41034215MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Zoned
    Cooling
    • No Air Conditioning
    Appliances
    • Included: Dryer, Washer, Tankless Water Heater
    • Laundry: In Basement
    Features
    • Storage, Formal Entry, Open Beam Ceiling
    • Flooring: Linoleum
    • Basement: Partial,Separate Entry,Storage Space,Unfinished
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,480
    • Total interior livable area: 3,480 sqft

    Property

    Parking
    • Parking features: Off Street, Space Per Unit - 1, Tandem, Side By Side, Uncovered Park Spaces 2+, 4-7 Cars
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Back Yard, Front Yard, Terraced Down, Landscape Back, Landscape Front, Low Maintenance
    • Fencing: Fenced
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 48A705231
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Photovoltaics Third-Party Owned
    • Utilities for property: Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Double Strapped Water Heater
    Location
    • Region: Oakland

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value
    $1,626,500