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Listed by Giuseppe Zumbo, DRE #01753412 • Compass
$ 1,045,000
Est. payment | /mo
5 Beds
4 Baths
3,820 SqFt
$ 1,045,000
Est. payment | /mo
5 Beds
4 Baths
3,820 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $273
MLS Listing ID EB41152901
Bedrooms 5
Year Built 1928
Lot Size 3,500 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
COMPLETELY VACANT FOURPLEX - A RARE INVESTMENT OPPORTUNITY! Here's your opportunity to take control from day one! This Fourplex is 100% Vacant, giving you the freedom and flexibility to establish market-rate rents immediately, select your own tenants, and maximize the property's income potential. Adding even more value, each unit is separately metered for water, gas, and electricity including a 5th common-area meter, allowing utility consumption to be measured and billed individually to tenants, helping reduce operating expenses and improve your bottom line. $273/SF. $261,000 per unit, (±) $120,804 estimated projected annual income, (±) 9.248% CAP Rate and (±) 8.65 GRM at $1,045,000, the numbers speak for themselves. The unit mix consists of three 1Bd/Ba units and one 2Bd/1Ba unit, with each unit is approximately (±) 955 SqFt of living space, complete with a formal dining room and separate living room. Building total 3,820 SqFt. Additional amenities include four individual garages, four private storage spaces, and a coin-operated laundry room, providing added convenience and potential supplemental income. Low-maintenance grounds, much of the property is surrounded by concrete, significantly reducing gardening expenses. You're not just buying four units. You're buying four opportu
Location
State CA
County Alameda
Area Oakland Zip Code 94608
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Carpet - Wall to Wall
Laundry None
Exterior
Exterior Feature Stucco
Parking Features Garage
Garage Spaces 4.0
Roof Type Rolled Composition
Building
Lot Description Regular
Others
Special Listing Condition New, Not Applicable
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Bridge 2 Close
Lending Team License ID: NMLS 2362319 DRE 02174879