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Additional details
Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate
$1,200,000
Est. payment /mo
4 Beds
4 Baths
3,160 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $379
MLS Listing ID EB41142008
Bedrooms 4
Year Built 1926
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre 74 Pearl Street presents an outstanding opportunity to acquire a fourplex in Oakland's desirable Harrison neighborhood, just minutes from Adams Point, Lake Merritt, Downtown Oakland, and major commuter routes. Surrounded by restaurants, cafés, shopping, and public transportation, the property enjoys a prime location in one of Oakland's most sought-after rental markets. The property consists of four spacious 1-bedroom, 1-bathroom units totaling over 3,200 square feet on a 5,000 square foot lot. Three of the four units have been extensively renovated with new sheetrock, flooring, ceilings, electrical, plumbing, modern kitchens, and beautifully updated bathrooms. Bright, sun-filled interiors, updated finishes, and large floor plans continue to attract quality tenants. Currently 100% occupied, the property offers immediate cash flow at an attractive 6.00% cap rate and 10.77 GRM, making it an excellent opportunity for both owner-occupants and first-time or seasoned investors. Additional features include in-unit washer/dryers, separately metered PG&E paid by tenants, secure gated rear parking with an electronic security gate, and two Tuff Sheds configured into four private storage rooms-one for each unit. With stro
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Interior
Heating Gas
Cooling Other
Flooring Wood
Exterior
Exterior Feature Stucco
Parking Features Detached Garage, Tandem Parking
Garage Spaces 4.0
Roof Type Other
Building
Lot Description Regular
Others
Tax ID 10-809-9
Special Listing Condition New, Not Applicable
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