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$995,000
Est. payment /mo
4,050 SqFt
UPDATED:
11/21/2024 08:00 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $245
MLS Listing ID EB41078637
Originating Board Bridge MLS
Year Built 1908
Lot Size 5,000 Sqft
Property Description
Huge North Oakland investment with strong current income and excellent rental upside. Current cap rate is 8.0% and the current GRM is 7.31. The property offers a total of five units consisting of a 4bd/1.5bth top-floor flat, a 2bd/1bth lower level flat, a 2bd/1bth attic unit, and two studio units in the rear building. The property was originally built in 1908, offers approximately 4,050 square feet of living space, and sits on a 5,000 square foot lot with ample room for parking. The top flat and back studio unit can be delivered vacant making it perfect for an owner-occupant or investor seeking high market rents. Many of the units have been updated over time and offer newer kitchens and bathrooms, hardwood floors, newer paint, classic Victorian architecture, custom molding, and more. There is a nice backyard area that's perfect for gardening, BBQs, etc. This North Oakland location is near countless restaurants, coffee shops, grocery stores and shopping and only a short commute to Downtown Oakland, Temescal, Emeryville, Berkeley, and San Francisco.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Other
Exterior
Exterior Feature Other
Parking Features Other
Garage Spaces 8.0
Roof Type Other
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 13-1185-6
Special Listing Condition Not Applicable
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Listed by David Howarth • The Pinza Group, Inc
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Sharad Gupta
Broker | License ID: 02213637
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