$2,135,000
$2,399,999
11.0%For more information regarding the value of a property, please contact us for a free consultation.
6,250 Sqft Lot
SOLD DATE : 08/27/2021
Key Details
Sold Price $2,135,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40937736
Sold Date 08/27/21
HOA Y/N No
Year Built 1958
Lot Size 6,250 Sqft
Property Description
This two building, twelve- unit investment property with good curb appeal has been recently updated with fresh interior/exterior paint including new windows that provide each unit with ample amount of natural light. The centrally located property is minutes away from hyw. 580 & 880 and is a commuter’s dream. Your renters can enjoy the safe and secure yard. Current owner has completed many large one- time repairs increasing value for the next owner. The property is one of a few in the East Bay that has completed the mandatory soft story seismic bracing and is sewer lateral compliant. Good income upside is possible by-passing cost of seismic bracing to tenants. New buyer to confirm rent increase feasibility, sqft., & lot size with the City of Oakland. Extensive time spent selecting quality tenants allowing for ease of rent collections. Will not last so let's talk soon!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Roof Type Shingle
Total Parking Spaces 6
Others
Tax ID 48560025
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Bought with Lili Falsken • BCRE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "