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$995,000
Est. payment /mo
4 Beds
4 Baths
3,630 SqFt
UPDATED:
01/19/2025 07:05 AM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $274
MLS Listing ID MR41081870
Bedrooms 4
Originating Board Bridge MLS
Year Built 1924
Lot Size 5,000 Sqft
Property Description
Step into 848 Erie Street, a charming two-story fourplex nestled in the sought-after Grand-Lakeshore neighborhood of Oakland, where opportunity and potential abound for both investors and owner-occupants. This well-maintained property features four spacious 1-bedroom, 1-bathroom units, offering immediate rental income and the unique chance for an owner to live in one unit while enjoying the income from the others. Each unit boasts a private single-car garage and a dedicated rear entrance, ensuring privacy and convenience for all residents. The strong rental demand in this desirable area, combined with significant value-add opportunities, makes this an exceptional investment with incredible upside potential. With its ideal location in one of Oakland's most vibrant and thriving neighborhoods, this property presents an excellent opportunity for those looking to invest in a well-positioned asset, or homeowners seeking a live-in income property with long-term growth potential.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Forced Air, Gravity
Cooling Air Conditioning - None
Flooring Laminate, Other, Hardwood
Laundry Other, Washer, Dryer
Exterior
Exterior Feature Stucco
Parking Features Attached Garage, Gate / Door Opener, Spaces per Unit - 1
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 11-839-19
Special Listing Condition Not Applicable
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Listed by Shalaya Shipman • Compass
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Sharad Gupta
Broker | License ID: 02213637
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