Gallery

The Property


Features

Nestled in Glenview, one of Oakland’s most coveted neighborhoods lies 1130 Wellington St.  A spacious Triplex offering 3 well-appointed units just 2 blocks from terrific restaurants, markets and abundant transportation options including a Trans-Bay bus stop and a popular Casual Carpool pickup.

The southerly facing front units get ample sunshine while the rear #3 unit gets level-out deck access through a wide glass sliding door.  Abundant sunlight and a private and peaceful outdoor space is shared by all residents in the upper terrace garden area offering a dining patio, landscaped borders and views of Oakland’s neighborhoods and beyond. 

Owned by the current owner for 15 years, this well-maintained building offers residents an on-site (coin-op) laundry and closet style storage lockers.  Each unit has use of a spacious garage with automatic opener.  A new roof was just installed, it was recently repainted and all units are on their own separate utility meters.  Dual pane windows have been installed throughout and some of them offer outlooks over the adjacent neighborhood to the San Francisco Bay beyond.

With a solid rental history, terrific tenants and an outstanding Glenview location, this charming low maintenance building may just be the perfect first dip into income property ownership or a great addition to a real estate portfolio.

Showing Schedule

Friday 5/17 3-4:00 pm (Call to confirm)

Brokers Open Monday 5/20 from 10:00-12 noon

 

Specifications

  • 3 unit building, all units are 2 bed 1 bath units.
  • 3 garages plus 3 storage closets.
  • Separate electrical and gas meters.
  • All units have stoves and refrigerators and dishwashers.
  • Coin-op laundry
  • Exterior painted in October 2016
  • New Roof installed March 2019
  • Located just 2 blocks to Central Glenview, nearby Casual Carpool and Bus lines.
  • Downloadable Floorplan

Rents and Income

  • Income from coin-op laundry averages $175-$200 per month.
  • All units/tenants are on month-to-month rental agreements.
  • Unit #1 $1997/mo.
  • Unit #2 $2110/mo.
  • Unit #3 $1901/mo.

Expenses

  • Building insurance policy $108.75 per month
  • PG & E (common areas) approx. $70 per month
  • Garbage (backyard service) approx. $310 per month
  • Yard Maintenance $150 per month (2 visits/month)
  • Water (EBMUD) approx. $220 per month

 



Floor Plans


Neighborhood


Situated in the Oakland foothills, Glenview is a small residential neighborhood full of are single-family bungalows and traditionally styled dwellings dating back to the 1920s and ‘30s. Most of the businesses in Glenview are mom-and-pop shops and include a market and several salons. Highly rated restaurants such as Bellanico and Blackberry Bistro add some gourmet flair to the Park Boulevard business district, which offers great vistas of the bay. The Glenview Neighborhood Association and Glenfriends have adopted Park Boulevard, sponsoring the Park Boulevard Median Cleanup and Planting Day on the boulevard median. Twelve-acre Dimond Park runs along Glenview's eastern side, with oak and redwood trees populating the green space. Amenities include picnic areas, playgrounds, and a swimming pool.

Showings

This property is fully Tenant occupied.  Pre-scheduled showings will be at the confirmed meeting times below.

 

Set Showing Schedule

Friday 5/17 3-4:00 pm (Call to confirm appointment)

Brokers Open Monday 5/20 from 10:00-12 noon

 

If you have any additional questions after viewing the Property Information Sheet, please contact:
Contact Brian Santilena
510.501.3534
[email protected]

Contact


Brian Santilena

Realtor® AssociateCompasscalDRE# 01244612510.501.3534 directwww.LivingOakland.com/

MLS: 40864160