Bought with Nonmember Nonmember
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Key Details
Sold Price $790,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,905 sqft
Price per Sqft $202
MLS Listing ID CC41132156
Bedrooms 8
Year Built 1961
Lot Size 5,220 Sqft
Property Sub-Type Fourplex
Property Description
Opportunity meets income in this well-positioned multi-unit property! Spacious, livable bedrooms and baths make these units highly desirable for tenants. While one unit has walls and ceiling replacement in progress and is ready for your vision and upgrades, the remaining units are already generating income-giving you immediate cash flow. With two vacant units, investors and owner-occupants alike have flexibility to renovate, reposition, or lease at strong market rents. Current rents reflect market value, offering a solid foundation with room to increase returns through improvements. Ideal for investors seeking value-add potential with existing income in place. One unit needs repair, offering buyers the chance to renovate, reposition, and build equity. The rear exterior deck has been removed in compliance with SB 721; related repairs are currently in progress. The property includes four attached garage spaces and an on-site laundry room, adding everyday convenience and long-term rental appeal. Two units are currently available for viewing. Do not disturb other tenants. Held in trust and sold strictly As-Is, this sale may require up to three days for offer response and is subject to estate attorney review. Occupied units shown with accepted offer.
Location
State CA
County Alameda
Area Oakland Zip Code 94601
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Linoleum, Carpet - Wall to Wall
Laundry In Laundry Room, Washer/Dryer - Owned
Exterior
Parking Features Garage, Off-Street Parking
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Sloped Up
Water Heater - Gas
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