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2400 Humboldt, Oakland, CA, 94601

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2400 Humboldt, Oakland$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1923
HeatingFloor Furnace
CoolingNone
MLS #41054227
Lot Size0.14 Acres
StatusActive

About 2400 Humboldt

Rare Contractors special with huge upside: Beautiful 1930s Mediterranean style building struck by fire. This attractive six unit building with five studios and one two bedroom has great cash flow potential with two units sustaining moderate fire damage and one unit gutted it to the studs with floor joist in good shape. The building was remodeled with permits in the mid 1980s with new foundation, new electrical panel, new sewer lateral and copper piping and electrical upgrades as well as new kitchen counters and shower stalls. This building was occupied prior to the fire with studios renting at average $1500-$1550 monthly and the two bedroom priced at $2250 monthly. The building is smoke damaged throughout however, washing down walls and using ozone odor removal machines will fully remove smoke odor. We believe the structural damage could easily be completely restored for the low six figures and the building could turn significant cash flow for the motivated builder/investor. Building comes with full architectural plans for restoration and can be modified by the new owner. Don't miss this rare opportunity to own six units at only 100k per door, half the market value pre fire! **Photos are from before and after the fire**

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: BAY'S ELITE INVESTMENTS
  • Office Phone: (510) 414-5354
  • Listing Agent: Pedram Karbassi

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Life Academy, Public District Grades 6-12
  • United For Success Academy, Public District Grades 6-8
  • Urban Promise Academy, Public District Grades 6-8
  • Allendale Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 35th Ave to Lynde St Cross Street: 35th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$866K

Med. Price/SqFt

$605

Avg. Days On Market

30

# of Sold Homes

206

2400 Humboldt vs Oakland

30 DAYS ON ROCKET

-0 Day

$650,000

-$216K Less

KEY TAKEAWAY

This property is $216K less than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41054227

Listing Office:

  • Office Name: BAY'S ELITE INVESTMENTS
  • Office Phone: (510) 414-5354
  • Listing Agent: Pedram Karbassi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,312

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2633443
3
/10

  • Allendale Elementary School

  • 3670 Penniman Ave

  • 0.49 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2633444
2
/10

  • United For Success Academy

  • 2101 35th Ave

  • 0.28 miles

  • Public District Grades 6-8

school-card-donut-2633445
3
/10

  • Urban Promise Academy

  • 3031 E 18th St

  • 0.73 miles

  • Public District Grades 6-8

High School

school-card-donut-2633446
6
/10

  • Life Academy

  • 2101 35th Ave

  • 0.28 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,778. The most common annual income of people living in Oakland, CA is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2400 Humboldt

What is the listing price of this property?

The listing price of 2400 Humboldt property is $650,000.

What type of property is this?

The property 2400 Humboldt is a house located in Oakland, California, 94601.

Is this property for sale now?

Active Listing: 2400 Humboldt is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2400 Humboldt are:
Allendale Elementary School: GreatSchools Rating 3/10
United For Success Academy: GreatSchools Rating 2/10
Urban Promise Academy: GreatSchools Rating 3/10
Life Academy: GreatSchools Rating 6/10

Which year was this property built?

The year of construction for 2400 Humboldt is 1923.

Rocket Homes›California›Alameda County›Oakland›94601›2400 Humboldt

This home is located at 2400 Humboldt in Oakland, CA and zip code 94601 in the Peralta Hacienda neighborhood. This home, which was built in 1923, sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $650,000.

Oakland, CA housing market in March 2024 saw over 126 listings sold above listed price, more than 20 sold at listed price and over 40 sold below. The number of listings in Oakland, CA increased by 22.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 30 days, the median list price was $866,006.

From Rocket Homes Real Estate and based on county public records data.

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