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Listed by Shadi Alkhudari, DRE #01754475 • Re/Max Synergy Group
$999,000
Est. payment /mo
7 Beds
3 Baths
3,196 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,196 sqft
Price per Sqft $312
MLS Listing ID BE41126738
Bedrooms 7
Year Built 1927
Lot Size 2,500 Sqft
Property Sub-Type Fourplex
Source Bay East
Property Description
Exceptional 4-unit mixed-use investment property offering strong in-place income and immediate cash flow in one of Oakland's most accessible locations. The property consists of three residential units and one commercial storefront, creating a diversified income stream ideal for investors seeking stability and long-term upside. Two of the residential units have been fully remodeled with modern finishes and in-unit washer and dryer, a highly desirable amenity that supports strong tenant demand and premium rents. The remaining units provide additional upside potential, allowing investors to further increase revenue over time. With a cap rate exceeding 8%, this property stands out as a rare high-yield opportunity in the Oakland market-perfect for investors looking for strong returns from day one. Strategically positioned in the Eastmont District, the property benefits from proximity to Eastmont Town Center, shopping, dining, and essential services, while offering easy access to major freeways and transportation corridors, making it attractive to both residential and commercial tenants.
Location
State CA
County Alameda
Area Oakland Zip Code 94605
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Vinyl
Laundry None
Exterior
Exterior Feature Stucco, Siding - Vinyl
Parking Features Other
Garage Spaces 2.0
Building
Lot Description Other
Others
Tax ID 40-3400-24
Special Listing Condition Not Applicable
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