REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 738,888
Est. payment | /mo
5,000 Sqft Lot
$ 738,888
Est. payment | /mo
5,000 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Heginberger
MLS Listing ID 41118138
HOA Y/N No
Year Built 1966
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Property Description
This four unit property is ready for a new investor or, potentially, owner occupier! It currently brings in steady rental income with an 9.52% cap rate and about seventy five thousand dollars in annual gross rents. The building consists of three 2 bed 1 bath units and one 3 bed 1 bath unit, all fully occupied. That means rental income from day one of ownership. It's subject to Oakland's rent control and Just Cause ordinance, giving buyers a clear sense of how to plan long term. The Coliseum neighborhood location offers quick access to BART, freeways, and transit, which supports strong ongoing demand. It's a straightforward choice for investors who want reliable returns, but it also leaves the door open for an owner occupant willing to take on the required steps for future use. This property won't last long. Contact agent for more details!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Sewer Public Sewer
Others
Tax ID 4141429
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.1035-76thave.com
Listed by Darryl Glass Abio Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "