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2452 34th Ave

Oakland, CA 94601
  • $1,295,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 40977580
UPDATED: 28 min ago
$1,295,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,725
    SQFT
  • $348
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

Description

Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.

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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 2022-01-21T12:38:48.217.

www.greathomes.properties/homes/124607883
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2452 34th Ave Oakland, CA 94601

  • Price: $1,295,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 28 min ago
  • ID#: 40977580
0
Beds
0
Baths
0
½ Baths
0.12
Acres
3,725
SQFT
$348
$/SQFT
1962
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
Peralta Hacienda Apartments is a well-maintained fourplex located at the end of a city-designated "Slow Street" on a quiet cul-de-sac. The building consists of four 2-bed/1-bath units each measuring 930 SF, ideal for work-from-home professionals. Significant value-add opportunity with the potential to convert apartments into 3-bed units and add a fifth unit in unused storage area. The vacant unit offers the option for either an owner move-in or to rent at market rate. The property is generating reliable cash-flow with two Section 8 tenants. 100% rent collection throughout the pandemic. Electric and gas meters are separate and utility expenses are low. The current owner has completed many recent capital improvements including a new roof and three upgraded units. Additional tenant amenities include four off-street parking spaces and leased laundry machines that provide additional income. The property is NOT on the City of Oakland soft-story list.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Stucco Exterior Features No YardLandscape FrontLow Maintenance Garage YN No Lot Size Area 0.12 Parking Features CoveredOff StreetSpace Per Unit - 1 Parking Spaces Total 4

Interior Features

Appliances DryerWasher Basement None Building Area Total 3725 Cooling No Air Conditioning Cooling YN Yes Flooring Laminate Heating Electric Heating YN Yes Interior Features Storage

Property Features

Age 60 City Transfer Tax Yes For Sale Or Rent For Sale Laundry Features Coin OperatedLaundry Room Listing Terms Conventional Lot Features Cul-De-SacLevelLandscape Front Point Of Sale Ordinance Yes Property Sub Type Quadruplex Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Special Listing Conditions Standard Utilities Individual Electric MeterIndividual Gas Meter

Listing courtesy of David Nelson of Marcus & Millichap.


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 2022-01-21T12:38:48.217.

 
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