3229 Elm St Oakland, CA 94609

Multi-Family (2-4 Units) MLS #: 41071857 Courtesy Of Security Pacific Real Estate

$1,499,900

3,093 sq ft
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Estimated monthly payments: $6,557/mo.* (recalculate)

Property InformationDescription

Exceptional, fully-occupied Victorian triplex with extra unit, built in 1896, seamlessly blends historic charm with modern upgrades. The current owner has made significant improvements, including upgraded electrical systems with separate meters for three of the units, modernized plumbing, renovated kitchens and baths, dual-pane windows, recessed lighting, upgraded appliances, tankless water heaters, and updated HVAC system. These enhancements ensure durability, tenant satisfaction, and reduced future expenses, to improve the cap rate. The property generates a gross scheduled annual income of $108,516 and a net operating income of $67,324, offering both stability and growth potential. Situated on a prime corner lot in Oakland s Pill Hill neighborhood, it s just steps from public transport, dining, shops, and the expanding medical district with strong tenant demand for low vacancies. With nine parking spaces, a community laundry room, and three separate utility meters, this triplex offers a rare opportunity to increase income and maximize returns in one of Oakland's most desirable areas.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Garden
  • Appliances: Dryer
  • Architecture Style: Other
  • Exterior Type: Wood Siding
  • Floor Covering: Laminate
  • Heating System: Forced Air

MAP & DIRECTIONS

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3229 Elm St, Oakland, CA 94609
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School Information

3229 Elm St, Oakland, CA 94609

Elementary School
Grades KG-5 | Public School
HOOVER ELEMENTARY SCHOOL
Emeryville, CA 94608
890 Brockhurst St
510.­879.1700
Distance: 0.5 mi
School Rating
D
Student:Teacher Ratio
21:1
Total Students
276
Middle School
Grades 6-8 | Public School
WESTLAKE MIDDLE SCHOOL
Oakland, CA 94612
2629 Harrison St
510.­879.2130
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
304
High School
Grades 9-12 | Public School
OAKLAND TECHNICAL HIGH SCHOOL
Oakland, CA 94611
4351 Broadway
510.­450.5400
Distance: 1.0 mi
School Rating
B+
Student:Teacher Ratio
20:1
Total Students
1961
Other Nearby Schools Distance Type Grades School Rating
Street Academy (alternative) 0.3 mi Public 9-12 F
Oakland Military Institute College Preparatory Academy 0.7 mi Public 6-12 C
Mcclymonds High School 0.8 mi Public 9-12 D+
St Pauls Episcopal School 0.8 mi Private KG-8
Pacific Boychoir Academy 0.9 mi Private 3-8
Grand Lake Montessori 0.9 mi Private KG-5
Oakland International High School 0.9 mi Public 9-12 D-
Vincent Academy 0.9 mi Public KG-5
Oakland School For The Arts 1.0 mi Public 6-12 B+
Emerson Elementary School 1.0 mi Public KG-5 B-
North Oakland Community Charter 1.0 mi Public KG-8 C-
East Bay German International School 1.0 mi Private KG-9
Piedmont Avenue Elementary School 1.1 mi Public KG-5 D
Kipp Bridge Academy 1.1 mi Public KG-8 C+
Beach Elementary School 1.1 mi Public KG-5 A
American Indian Public High School 1.2 mi Public 9-12 A
Envision Academy For Arts & Technology 1.2 mi Public 6-12 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Oakland, CA 94609

Median Age: 35.7
Married: 29%
Number of Households: 10,760
Households with Children: 19.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.