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Additional details
Listed by James Blue • CA Premiere Real Estate
$900,000
Est. payment /mo
8 Beds
4 Baths
2,665 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,665 sqft
Price per Sqft $337
MLS Listing ID BE41092312
Bedrooms 8
Originating Board Bay East
Year Built 1947
Lot Size 6,500 Sqft
Property Sub-Type Fourplex
Property Description
Exceptional investment opportunity in the heart of Oakland. This upgraded four-unit property has undergone over one hundred fifty thousand dollars in renovations, making it a turnkey asset with incredible upside potential. The property includes a triplex with three spacious two-bedroom, one-bathroom units, plus a separate single-family home on the same lot featuring three bedrooms and one bathroom. That's four income-generating units on one parcel, perfectly positioned for long-term appreciation and rental growth. Recent improvements include updated wood flooring and kitchens, brand-new dual-pane windows, a newly poured foundation for the house, fresh exterior paint, and a repaired sewer lateral. The basement in the single-family home has been deepened to increase ceiling height, creating additional functional space and comfort. Located in a federally designated Opportunity Zone, this property offers significant tax advantages for investors looking to grow wealth while reducing liability. With current rents offering room for improvement, this is an ideal asset for buy-and-hold investors or value-add specialists seeking multiple income streams. Properties of this quality, price and potential rarely come to market.
Location
State CA
County Alameda
Area Oakland Zip Code 94621
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Linoleum, Carpet - Partial
Laundry Other
Exterior
Exterior Feature Stucco, Brick
Parking Features Spaces per Unit - 1, Parking Area
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Level
Water Public, Heater - Gas
Others
Tax ID 41-4137-19
Special Listing Condition Not Applicable
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