Stunning Fourplex Steps from Piedmont Avenue | 25 Monte Vista Ave
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Stunning Fourplex Steps from Piedmont Avenue 25 Monte Vista Ave
4 Unit Apartment Building $1,950,000 ($487,500/Unit) 6.15% Cap Rate Oakland, CA 94611
Investment Highlights
- Beautifully Maintained Turnkey Fourplex steps from Piedmont Avenue
- Recently replaced concrete foundation with seismic retrofit, and new electrical and plumbing throughout
- Five gated parking spaces, private storage units, and an exercise room for added convenience
- Unit mix consists of one two-level 2bd/2ba unit, one 2bd/1ba unit, and two large 1bd/1ba units totaling 4,269 square feet
- TESLA solar roof and Powerwall, electric car charger, and tankless water heaters for modern efficiency
- Apartments include In-unit washers and dryers, nine-foot ceilings, hardwood floors, and private rear decks/patios
Executive Summary
The Mitchell Warren Team is pleased to present 25 Monte Vista Avenue, a beautifully maintained turnkey fourplex located just steps from Piedmont Avenue in Oakland, CA. The property features one (1) two-level 2bd/2ba unit, one (1) 2bd/1ba unit, and two (2) large 1bd/1ba units totaling 4,269 square feet. This property seamlessly blends timeless 1900s architecture with an impressive array of modern upgrades, including a TESLA solar roof and Powerwall, fresh exterior paint, double-pane windows, new electrical and plumbing, and a new foundation with seismic retrofit. Additional improvements include tankless water heaters, an electric car charger, and individually metered WATER, gas, and electric keeping expenses low. Residents enjoy an elevated living experience with nine (9) foot ceilings, hardwood floors, forced air heating, in-unit washers and dryers, private rear decks/patios, and access to a well-equipped exercise room. The property also offers five (5) gated parking spaces, private storage units, and a secure, convenient environment. With its prime location near Piedmont Avenue's shopping and dining, this property presents an excellent investment opportunity with immediate upside potential.
Property Facts
Unit Amenities
- Dishwasher
- Washer/Dryer
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Carpet
- Attic
- Double Pane Windows
- Instant Hot Water
- Patio
- Recreation Room
Site Amenities
- Fitness Center
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $3,568 | 934 - 948 |
| 2+1 | 1 | $2,408 | 925 |
| 2+2 | 1 | $4,300 | 1,469 |
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Walk Score ®
Walker's Paradise (99)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 012-0935-051-00 | Improvements Assessment | $1,097,826 |
| Land Assessment | $470,496 | Total Assessment | $1,561,322 |
PROPERTY TAXES
Parcel Number
012-0935-051-00
Land Assessment
$470,496
Improvements Assessment
$1,097,826
Total Assessment
$1,561,322
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Stunning Fourplex Steps from Piedmont Avenue | 25 Monte Vista Ave
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