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$ 1,250,000
Est. payment | /mo
4,321 Sqft Lot
$ 1,250,000
Est. payment | /mo
4,321 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41103762
HOA Y/N No
Year Built 1927
Lot Size 4,321 Sqft
Property Sub-Type Quadruplex
Property Description
Fully remodeled Dimond District 4-unit apartment complex with excellent current cash flow. The property offers an ideal unit mix of one 4bd/2bth unit, one 3bd/2bth unit, one 3bd/1bth unit, and one 2bd/1bth unit. The property was originally built in 1927, offers approximately 4,172 square feet of rental space, and offers a large center courtyard. The property was fully renovated in 2014, and all units offer a modern finish with new hardwood floors, custom molding, granite countertops, stainless steel appliances, upgraded lighting, double pane windows, and new electrical and plumbing systems. One of the best units will be delivered vacant at closing making for an ideal set-up for an owner-occupant or investor seeking max market rents. The property is easy to manage and separately metered for PG&E providing for low annual expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. This is a perfect opportunity for a buyer seeking strong cash flow in a high demand rental location. The property is located in Oakland's Dimond District, East of HWY 580, near countless restaurants, coffee shops, and shopping.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Flooring Tile, Wood
Fireplace No
Exterior
Parking Features Other
Building
Sewer Public Sewer
Others
Tax ID 2997736
Listed by David Howarth The Pinza Group, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "