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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,038 sqft
Price per Sqft $213
MLS Listing ID ML81895733
Sold Date 10/05/22
Bedrooms 6
Full Baths 4
Year Built 1965
Lot Size 9,750 Sqft
Property Description
Excellent rental building for the investor with savvy!! Evaluate the opportunity in this Fourplex!! The current rents for units 1, 2 & 4 are low, and the seller has not increased the rents since 2017. The two upstairs units were recently renovated. Including granite countertops in the kitchen, laminate flooring, and updated bathrooms. Plus, the whole building has double-pane windows. It is centrally located on a cul-de-sac with easy access to freeways and has lots of potential. Monthly Income $4,800, Annual Gross Income 57,600, Current GRM 11.61.
Location
State CA
County Alameda
Area Oakland Zip Code 94603
Zoning 1103
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces
Utilities Available Public Utilities
Roof Type Rolled Composition,Other
Building
Story 2
Foundation Other
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 045-5419-040-02
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Bought with Octavio Padilla • eXp Realty of California Inc