Multifamily Housing
1658 34th Avenue Oakland, CA 94601

Details & Description

Price: $1,495,000

Built in 1989! Exempt from City Rent Adjustment Ordinance! LARGE Townhome Style Units! This four (4) unit property consists of three (3) 3-bed/2-bath 1,545SF units and one (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent adjustment ordinance. Rents increase July 1, 2019. Large units and ample parking are sure to keep occupancy rates high. The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is within walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification. Income and expenses are proforma.The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification.

Property ID: 250317
Property URL: melqr.com/250317
Generated: 04-27-24

Property Highlights

• Close proximity to the I-880 I-80 freeways
• LARGE Townhome Style Units
• Ample parking
• Within walking distance to Fruitvale BART station

Additional Photos

Listing Agents

Joel Calvillo

O: 408-892-9158
M: 408-892-9158
joel@thecalvillogroup.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

California / Oakland / 94601 / 1658 34th Avenue

1658 34th Avenue

Oakland, CA 94601

Listing ID: 250317

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Building Size: 5,540 SF

Lot Size: 0.180 AC

Land Size: 7,840 SF

Building $/SF: $269.86

Land $/SF: $190.69

Price

$1,495,000

Property Highlights

Exempt from City Rent Adjustment Ordinance Built in 1989

Consists of 3 3-bedroom2-bathroom units and 1 2-bedroom1-bathroom unit

Located in the heart of Oaklands burgeoning Fruitvale neighborhood

Close proximity to the I-880 I-80 freeways

LARGE Townhome Style Units

Ample parking

Within walking distance to Fruitvale BART station

Fruitvale has been cited by a UCLA study as a model of neighborhood development without gentrification

Description

Built in 1989! Exempt from City Rent Adjustment Ordinance! LARGE Townhome Style Units! This four (4) unit property consists of three (3) 3-bed/2-bath 1,545SF units and one (1) 2-bed/1-bath 900SF unit. Constructed in 1989, the property is exempt from the city's rent adjustment ordinance. Rents increase July 1, 2019. Large units and ample parking are sure to keep occupancy rates high. The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is within walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification. Income and expenses are proforma.
The property is located on the East side of 34th Avenue between E. 17th and E. 18th Street in the heart of Oakland's burgeoning Fruitvale neighborhood. The Fruitvale BART Station is walking distance, and the I-880 & I-80 Freeways are easy to access by car. Smooth commutes and a vibrant neighborhood scene will continue to drive premium rents from tenants. Fruitvale has also gained positive media attention in recent months as a UCLA study cited it as a model of neighborhood development without gentrification.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Oakland History of Multifamily Housing for Sale

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Listing Demographics for 1658 34th Avenue Oakland, CA 94601

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		54,217	297,315	529,739
Population Median Age		34	38	39
Population by Age	0-9 Yrs	7523 (13%)	35018 (11%)	60663 (11%)
	10-19 Yrs	7672 (14%)	32093 (10%)	55060 (10%)
	20-29 Yrs	8889 (16%)	41716 (14%)	77671 (14%)
	30-39 Yrs	9055 (16%)	50556 (17%)	91985 (17%)
	40-49 Yrs	7770 (14%)	43522 (14%)	76015 (14%)
	50-59 Yrs	5905 (10%)	35862 (12%)	64332 (12%)
	60-69 Yrs	4469 (8%)	31546 (10%)	56257 (10%)
	70+ Yrs	2934 (5%)	27003 (9%)	47757 (9%)

Median HH Income		$49,297	$76,654	$80,390
Total Household Income	< 24K	4050 (25%)	20499 (18%)	36825 (18%)
	25-49K	4027 (25%)	18382 (16%)	32029 (15%)
	50-74K	2594 (16%)	15990 (14%)	27424 (13%)
	75-99K	1817 (11%)	13433 (12%)	23315 (11%)
	100-199K	2707 (17%)	27938 (25%)	51594 (25%)
	200K+	727 (4%)	15278 (13%)	31424 (15%)

Highest Education Level	No Diploma	11712	39124	61604
	Diploma or GED	7678	33022	58158
	Some College	6529	37127	65604
	Assoc. Degree	1642	12397	22614
	Bachelors Degree	5309	54678	103444
	Higher Degree	2550	38138	73749

Total Housing Units		17,022	119,113	216,131
--Owner-Occupied		4,979	45,881	87,009
--Renter-Occupied		10,943	65,638	115,603
Owner-Occupied Values	< 100K	163	853	1603
	100-199K	187	948	1704
	200-299K	514	2081	3868
	300-399K	834	3834	7219
	400-499K	976	4678	8477
	500K+	2306	33487	64137

Total Working Age Population		41,882	241,715	433,973
In Work Force		27,658	163,677	296,246
Not In Work Force		14,225	78,038	137,728
Workforce Employed		25,505	154,017	278,781
Workforce Unemployed		2,151	9,119	16,351
Civlian Workforce		27,656	163,136	295,132
Military Workforce		2	541	1,113

Total Households		15,922	111,519	202,611
Family Households		10,792	64,595	114,299
Non-Family Households		5,130	46,924	88,312
Married Couple		6,263	43,863	78,506
Other Family		4,529	20,732	35,793
Married w/Child		3,431	19,603	34,207
Single Male w/Child		616	1,922	3,516
Single Female w/Child		1,600	7,073	12,466

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Alameda County	1,443,741	+5	1,510,271	+12	1,696,752	+10	1,861,027
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
San Francisco County	776,733	+4	805,235	+12	903,294	+8	976,481
San Mateo County	707,161	+2	718,451	+9	785,650	+6	833,868

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1658 34th Avenue in Oakland?

The asking price for 1658 34th Avenue is $1,495,000

What is the building size of this Multifamily property in Oakland, CA?

The size of the building/unit at 1658 34th Avenue in Oakland is 5,540 square feet

How much land does the Oakland, CA property at 1658 34th Avenue include?

1658 34th Avenue in Oakland includes 0.180 acres of land

What is the population within 1 mile of 1658 34th Avenue in Oakland?

The population within 1 mile of 1658 34th Avenue Oakland, CA 94601 is 54,217 people.

Who do I contact for questions about 1658 34th Avenue?

You should contact the listing agent, Joel Calvillo, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	4
San Francisco International Airport (SFO)	14
Norman Y. Mineta San Jose International Airport (SJC)	33