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1838 5Th Ave

Oakland, CA 94606
  • $1,180,000
  • STATUS: Active
  • ON SITE: 294 Days
  • ID#: 40944109
UPDATED: 54 min ago
$1,180,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,585
    SQFT
  • $456
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Description

This excellent property is in a Prime Location, just minutes walk to Lake Merritt, shopping and restaurants. This property includes three Units building mix with one cottage. 100% Occupied with Over $69,000 income. Owner installed an automatic metal gate to make more safe, and backyard fully cover with concrete to low maintenance. Some units had recently updated with double panel windows, kitchen and floors. The spacious 7,500 SF parcel in a superb location offers many options including possible building more units. The new owner can either occupy it or rent it at market rate. This is a rare opportunity to purchase an asset which will demand market rents in a fantastic Oakland Sellers just replace a new roof, exterior paint and fixed all dry rot siding with Permit.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-24T13:37:03.617.

www.greathomes.properties/homes/115756441
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1838 5Th Ave Oakland, CA 94606

  • Price: $1,180,000
  • Status: Active
  • On Site: 294 Days
  • Updated: 54 min ago
  • ID#: 40944109
5
Beds
0
Baths
0
½ Baths
0.17
Acres
2,585
SQFT
$456
$/SQFT
1953
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
This excellent property is in a Prime Location, just minutes walk to Lake Merritt, shopping and restaurants. This property includes three Units building mix with one cottage. 100% Occupied with Over $69,000 income. Owner installed an automatic metal gate to make more safe, and backyard fully cover with concrete to low maintenance. Some units had recently updated with double panel windows, kitchen and floors. The spacious 7,500 SF parcel in a superb location offers many options including possible building more units. The new owner can either occupy it or rent it at market rate. This is a rare opportunity to purchase an asset which will demand market rents in a fantastic Oakland Sellers just replace a new roof, exterior paint and fixed all dry rot siding with Permit.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Stucco Exterior Features Back YardSide YardStorageEntry GateStorage Area Fencing FencedBack YardFront YardFull Garage YN No Lot Size Area 0.17 Parking Features Parking Lot Parking Spaces Total 4

Interior Features

Appliances DryerWasher Basement PartialStorage Space Building Area Total 2585 Cooling No Air Conditioning Cooling YN Yes Flooring HardwoodLaminate Heating ElectricNatural GasWall FurnaceCentral Heating YN Yes Interior Features Storage Area(S)

Property Features

Age 69 City Transfer Tax Yes For Sale Or Rent For Sale Listing Terms CashConventional Lot Features 2 Houses / 1 Lot Point Of Sale Ordinance Yes Property Sub Type Quadruplex Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard

Listing courtesy of Yanling Huang of Outstanding Investment Co..


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-24T13:37:03.617.

 
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