3 months on rocket

2520 E 24th St, Oakland, CA, 94601

$1,095,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,052 SqFt
$359/SqFt
Multi
Schools Nearby

Location

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2520 E 24th St, Oakland$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1908
CoolingWall/Window Unit(s)
ViewCity Lights
MLS #ML81952805
Lot Size0.17 Acres
StatusActive

About 2520 E 24th St

Discover an exceptional investment in this well maintained Victorian triplex nestled in Oakland's Meadowbrook neighborhood, within the lively Fruitvale District. Preliminary applications to convert non-conforming units into ADUs present a TREMENDOUS OPPORTUNTIY FOR INCREASED INCOME on an already positive cashflow property! All units, recently updated & tenant-occupied, offer contemporary living. The building's tranquil ambiance, set back from the street, is complemented by on-site laundry & off-street parking, in the secure gated lot. A shared backyard enhances tenant enjoyment. . Explore the vibrant Dimond & Laurel districts, easily commute via Hwy 580, bus, or Fruitvale BART. Nearby conveniences include Morgan Plaza, Farmer Joes Market, the Food Mill, Peet's Coffee & Tea, La Farine Bakery, Grand Lake Kitchen, Hacienda Peralta Park, and Manzanita Recreation Center. Embrace this active community with a 73 Walk ScoreĀ® & 60 Bike Score, accessibility is paramount to this property! Seize your opportunity to capitalize on the potential with a 7.1% CAP and 10.5 Gross Rent Multiplier. This is not just a property; it's your gateway to prosperity in the heart of Oakland's thriving community! DO NOT DISTURB, PLEASE RESPECT TENANTS PRIVACY.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Stories: 1
  • Living Area: 3,052 SqFt

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 947-4700
  • Listing Agent: Lisa Wittkopf

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Oakland High School, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 6-8
  • Manzanita Seed, Public District Grades KG-5
  • Manzanita Community, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Fruitvale Ave turn right on 29th Avenue, turn left on International Blvd., turn right on 27th Avenue, turn left on E. 21st Street, turn Right on 25th Avenue, turn right on E. 24th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $359/SqFt
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Housing Market Comparison

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

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

2520 E 24th St vs Oakland

92 DAYS ON ROCKET

+66 Days

$1,095,000

+$223.9K More

$359/SqFt

-$249 Less

KEY TAKEAWAY

This property is $223.9K more than the Median Sold Price and $249/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81952805

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (650) 947-4700
  • Listing Agent: Lisa Wittkopf

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. (ā€œCRMLSā€) 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: 5/2/2024, 12:25:22 AM 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

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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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-4471758
6
/10
  • Manzanita Seed

  • 2409 E 27th St

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-4471759
2
/10
  • Manzanita Community

  • 2409 E 27th St

  • 0.12 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4471760
4
/10
  • Roosevelt Middle School

  • 1926 19th Ave

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-4471761
4
/10
  • Oakland High School

  • 1023 Macarthur Blvd

  • 1.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,184. Most Oakland, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homesā€ŗCaliforniaā€ŗAlameda Countyā€ŗOaklandā€ŗ94601ā€ŗ2520 E 24th St

This home is located at 2520 E 24th St in Oakland, CA and zip code 94601 in the Meadow Brook neighborhood. This 3,052 square foot home, which was built in 1908, sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,095,000.

In April 2024, from all listings sold in Oakland, CA there were more than 143 sold above asking price, over 30 sold below and more than 22 were sold right at the asked price. The inventory of homes for sale in Oakland, CA between March 2024 and April 2024 increased by 22.9%. In April 2024 median list price was $871,010 and the average listing age was 26 days.

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

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