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3451 Champion Street

Oakland, CA 94602
  • $999,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 421612354
UPDATED: 47 min ago
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,346
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

3451 Champion St is a 4-unit multifamily investment opportunity located in The Dimond District of Oakland, CA. The building has 1 X 1-bed, 1-bath unit, & 3 X 2-bed, 1-bath units. Built in 1920, the 3,346 SF, 2-story structure is on a 9,180 SF lot. The property also has a detached 3-car garage & additional space to potentially build ADUs in the future. The in place rents are 62% below market rate, providing the potential opportunity to increase the net operating income of the property by 124%. The property, is adjacent to the Farmer Joe's Grocery store and just steps from other restaurants, grocers, and shops. The property is proximate to local favorites such as Bombera, La Farine, Dimond Cafe, Grand Lake Kitchen, and more. The property is a Walker's Paradise (95 Walk Score) and is just 0.2 miles from the nearest I-580 on ramp.

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© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-12-04T17:20:43.83.
www.sfhothomes.com/homes/123335135
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3451 Champion Street Oakland, CA 94602

  • Price: $999,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 47 min ago
  • MLS #: 421612354
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,346
SQFT
$299
$/SQFT
1920
Built
Neighborhood:
Oakland Zip 94602
County:
Alameda
Area:
Oakland Zip 94602
Property Description
3451 Champion St is a 4-unit multifamily investment opportunity located in The Dimond District of Oakland, CA. The building has 1 X 1-bed, 1-bath unit, & 3 X 2-bed, 1-bath units. Built in 1920, the 3,346 SF, 2-story structure is on a 9,180 SF lot. The property also has a detached 3-car garage & additional space to potentially build ADUs in the future. The in place rents are 62% below market rate, providing the potential opportunity to increase the net operating income of the property by 124%. The property, is adjacent to the Farmer Joe's Grocery store and just steps from other restaurants, grocers, and shops. The property is proximate to local favorites such as Bombera, La Farine, Dimond Cafe, Grand Lake Kitchen, and more. The property is a Walker's Paradise (95 Walk Score) and is just 0.2 miles from the nearest I-580 on ramp.
Exterior Features

Construction Materials FrameStuccoWood Exterior Features Fenced YardYard Space Independent Parking Spaces 9 Lot Features Shape Regular Parking Features CoveredDetachedGarageUncoveredSee Remarks Parking Total 6 Roof CompositionShingle Tandem Parking Spaces 3

Interior Features

Appliances Free Standing FreezerFree Standing Gas OvenFree Standing Gas RangeFree Standing RefrigeratorVaries By Unit Basement None Cooling Ceiling Fan(S)Varies By Unit Flooring CarpetLinoleumSimulated WoodTileVaries By UnitWoodOther Heating BaseboardGasWall Furnace Laundry Features In Each UnitVaries By Unit Rooms Total 14 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4of Rooms 0 Window Features Bay Window(S)

Property Features

1 Bedroom Rent Range 800 2 Bedroom Rent Range 1189-2650 Cap Rate 7.25 Lease Terms Varies By Unit Listing Terms 0 Number Of Units Vacant 0 Property Sub Type Quadruplex Security Features Window Security Bars Separate Meters ElectricityGasWater Special Listing Conditions None Subtype Description ApartmentsFlatsGarden Apartments Tenant Pays ElectricityGasSewerWaterSee Remarks Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 1 Unit Type2 Bedroom Units Total 3 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Identification Unit # 1 Unit1 Rent 2650 Unit1 Type Apartment Unit2 Identification Unit # 2 Unit2 Rent 1189 Unit2 Rent1 1400 Unit2 Type Apartment Unit3 Identification Unit # 3 Unit3 Type Apartment Unit4 Identification Unit # 4 Unit4 Rent 800 Unit4 Type Apartment

Listing provided courtesy of Keith Manson of Cbre.


© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-12-04T17:20:43.83.
 
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