Laura Jewett

Laura Jewett

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$1,575,000

($104,940 down)
VA

525 Oakland Ave, Oakland, CA 94611

6
N/A
2,678 sqft
PITI Monthly
$8,486.79 /mo

Listing courtesy of: Raymond Rosales, EXP Realty of California

Assumed Rate

2.88%
7.15%

Principal & Interest

$6,546 /mo
$10,650 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
SPACIOUS
INVESTMENT OPPORTUNITY

Fantastic investment opportunity with an assumable 3% loan, in a prime Oakland location! 525 Oakland Ave is a multi-unit property featuring three residential units with incredible rental upside. Ideally situated just minutes from shopping, entertainment, BART, and major freeways, this vibrant neighborhood offers unmatched convenience. Whether you're looking to expand your portfolio or create additional income, this property provides endless possibilities, including the potential to add a fourth unit in the back. Each spacious 3-bedroom, 2-bath apartment spans 1,150 sq. ft. featuring in-unit laundry for ultimate convenience. With easy access to Piedmont Ave’s renowned restaurants, shops, and top-rated Oakland Technical High School, this property is perfectly positioned for strong tenant demand. Just two minutes from the 580 freeway, less than five minutes to downtown Oakland, and only 20 minutes to San Francisco, commuting is a breeze. Whether you're an investor seeking long-term value or a homeowner looking for an income-producing property, 525 Oakland Ave is a rare opportunity not to be missed. Secure a high-demand asset in one of Oakland’s most desirable locations and enjoy strong cash flow potential for years to come!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.88
Remaining Loan Term
26 years, 9 months
Monthly PITI
$8,486.79/mo
Estimated Loan Balance
$1,473,070
Cash to close
$104,940
Interest Paid
$142,527

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Unknown
  • Heating: NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 1909
Details
  • Builder:

Community & HOA

Community
  • Subdivision: GRAND LAKE
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Oakland

Financial Details

  • Price per Sqft: $588.13
  • Tax Annual Amount: $19687.5
  • On Market Date: 2025-02-12T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $104,940 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $104,940!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$1,470,060
Your Cash$104,940
Total Purchase Price:$1,575,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$6,546/mo
Traditional @ 7.5%
$11,047/mo
You save $4,501/month ($54,007/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41085651

Listing From:

Last updated: 2025-02-27T04:58:31.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.88%
7.15%

Principal & Interest

$6,546 /mo
$10,650 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $104,940 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $104,940!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$1,470,060
Your Cash$104,940
Total Purchase Price:$1,575,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$6,546/mo
Traditional @ 7.5%
$11,047/mo
You save $4,501/month ($54,007/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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