$1,050,000
$1,050,000
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3,001 Sqft Lot
SOLD DATE : 01/10/2023
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision West Oakland
MLS Listing ID 40998553
Sold Date 01/10/23
HOA Y/N No
Year Built 1907
Lot Size 3,001 Sqft
Acres 0.0689
Property Description
Turnkey 4-Plex West Oakland 3.75% Int Rate. Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey 4-plex in West Oakland’s McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while 3 unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new roof, plumbing, windows, electrical, flooring, landscaping, painted exterior, and rebuilt exterior stairs. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,050 per month (est) with a total annual income of $96,600. Sewer & sidewalk compliant.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Fireplace No
Appliance Washer
Exterior
Garage None
Parking Type None
Building
Lot Description Back Yard
Others
Tax ID 005043501500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Bert Aranda • Ind Rlty-DeMattei & Assoc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "