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26 photos
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In-PersonVirtual Tour
$100,000
Est. payment /mo
4 Beds
2,626 SqFt
Open House
Tue Aug 18, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,626 sqft
Price per Sqft $38
Subdivision Clinton
MLS Listing ID 41145048
Bedrooms 4
HOA Y/N No
Year Built 1951
Lot Size 4,331 Sqft
Acres 0.1
Property Sub-Type Quadruplex
Property Description
OAKLAND FOURPLEX NEAR LAKE MERRITT** **Investors, take notice!** An exceptional opportunity to acquire a fully occupied fourplex in a highly desirable Oakland location near **Lake Merritt and Lakeside Park, make offers:https://bit.ly/7thave1439, this income-producing property presents an exciting opportunity for investors looking to expand their portfolio and secure a multifamily asset in a high-demand rental market. The property features **four spacious 1-bedroom, 1-bathroom units**, each with its own comfortable living room. All four units are currently occupied by **long-term tenants**, providing an established rental-income stream from day one. Built on a **cement slab foundation**, the property offers the added benefit of reduced exposure to certain maintenance concerns commonly associated with raised foundations, including dry rot. Residents also enjoy a **generously sized backyard with mature fruit trees**, creating an attractive outdoor amenity rarely found with comparable multifamily properties. **LOCATION, INCOME & POTENTIAL FOR UPSIDE** Positioned near some of Oakland's most popular destinations, the property offers convenient access to **Lake Merritt, Lakeside Park, Grand Lake Theatre, the Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART**. Dining, shopping, entertainment, employment centers, and regional transportation are all within convenient reach. Whether you're a seasoned multifamily investor, expanding your rental portfolio, or seeking an opportunity to establish a presence in one of Oakland's sought-after locations, **this fourplex deserves your attention**. **Four units. Established tenants. Prime Oakland location. ** Don't miss the opportunity to compete for this income-producing multifamily property. **Please do not disturb tenants. Offer subject to inspection.**
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Other
Fireplace No
Exterior
Exterior Feature Back Yard, Front Yard
Total Parking Spaces 2
Building
Lot Description Back Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2013542
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Listed by Angela Hern • Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122