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Listed by Angela Hern, DRE #01128525 • Keller Williams Realty
$ 100,000
Est. payment | /mo
4 Beds
4 Baths
2,626 SqFt
$ 100,000
Est. payment | /mo
4 Beds
4 Baths
2,626 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,626 sqft
Price per Sqft $38
MLS Listing ID CC41145048
Bedrooms 4
Year Built 1951
Lot Size 4,331 Sqft
Property Sub-Type Fourplex
Source Contra Costa Association of Realtors
Property Description
OAKLAND FOURPLEX NEAR LAKE MERRITT** **Investors, take notice!** An exceptional opportunity to acquire a fully occupied fourplex in a highly desirable Oakland location near **Lake Merritt and Lakeside Park, make offers:https://bit.ly/7thave1439, this income-producing property presents an exciting opportunity for investors looking to expand their portfolio and secure a multifamily asset in a high-demand rental market. The property features **four spacious 1-bedroom, 1-bathroom units**, each with its own comfortable living room. All four units are currently occupied by **long-term tenants**, providing an established rental-income stream from day one. Built on a **cement slab foundation**, the property offers the added benefit of reduced exposure to certain maintenance concerns commonly associated with raised foundations, including dry rot. Residents also enjoy a **generously sized backyard with mature fruit trees**, creating an attractive outdoor amenity rarely found with comparable multifamily properties. **LOCATION, INCOME & POTENTIAL FOR UPSIDE** Positioned near some of Oakland's most popular destinations, the property offers convenient access to **Lake Merritt, Lakeside Park, Grand Lake Theatre, the Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BAR
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Other
Exterior
Exterior Feature Stucco, Siding - Wood
Parking Features Attached Garage, Parking Area
Garage Spaces 4.0
Roof Type Composition
Others
Tax ID 20-135-4-2
Special Listing Condition New, Auction
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Jose M Padilla
Broker-Owner | Lic# 01424564