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305 Vernon St, Oakland, CA 94610

Sale Price: $1,740,000
Jul 11, 20244,028 sqft2 beds0 baths
Listed by: Joey Wang
License #: 01890931
Phone #: 510-592-4244
Keller Williams Realty
Source:
CRMLS Logo
MLS #: 41066059

Property Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$27,306

TurboHome Estimated Value

$1,860,200

$462 sqft

High Valuation
$1,953,210
$485/sqft
Normal Valuation
$1,860,200
$462/sqft
Low Valuation
$1,767,190
$439/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$462/sqft$1,860,200

Neighborhood: Oakland Ave-Harrison St

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Comparative Value

$1.74M

$1.90M

305 Vernon St, Oakland, CA 94610

Sale Price: $1,740,000

Selected Comparable

305 Vernon St, Oakland, CA 94610

List Price: $1,900,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
305 Vernon St, Oakland, CA 94610

305 Vernon St, Oakland, CA 94610

List: $1,900,000

Listed: 7/11/2024

Area:4,028 sqft
Price/sqft:$472
Beds:2
Baths:
Year Built:
Lot Size:7,500

Comparable Properties

COMPARABLE
Choose comps
305 Vernon St, Oakland, CA 94610

305 Vernon St, Oakland, CA 94610

Sale: $1,740,000

3/3/20250.00 mi

Area:4,028 sqft
Price/sqft:$432
Beds:2
Baths:
Year Built:
Weight:100.0%

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