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4-unit apartment complex with an attractive unit mix of four 2bd/1bth units with four off-street parking spaces. The property was built in1963, offers approximately 2,860 square feet of rental space, and sits on a 5,000 square foot lot. All the units are separately metered for PG&E with in-unit water heaters providing for low annual operating expenses. There is one unit that will be delivered vacant at closing making for a perfect opportunity for an owner occupant or an investor seeking high market rates. The other three units have rents below market providing for excellent rental upside. The property is easy to manage and has no deferred maintenance making this an attractive turn-key investment. Attractive Oakland location near the San Leandro border and a variety of restaurants and shopping options on a street comprised of mostly single-family homes. Nearby schools include Greenleaf Elementary School, Esperanza Elementary School, Madison Park Academy, and Castlemont High School.
Property Type(s):
Multi Family
| Last Updated | 5/26/2023 | Year Built | 1963 |
|---|---|---|---|
| Community | Oakland Zip Code 94603 | County | Alameda |
Additional Details
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Oakland Zip Code 94603 |
| BASEMENT | Other, Yes |
| CONSTRUCTION | Other |
| EXTERIOR | Other |
| GARAGE | Other |
| HEAT | Other |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Other |
| PARKING | Other |
Listed with David Howarth | 510-822-1331, The Pinza Group, Inc
Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/29/23 4:32 AM PDT
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