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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Nai Chao • Kinetic Real Estate, DRE#02144974

$ 1,199,000

Est. payment | -/mo

3,906 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

3,906 SqFt

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,906 sqft

Price per Sqft $306

MLS Listing ID ML82058325

Year Built 1966

Lot Size 5,000 Sqft

Property Sub-Type Five or More Units

Property Description

OPTION TO BE DELIVERED VACANT! Excellent Oakland multifamily opportunity featuring a fourplex plus bonus unit with a desirable unit mix and strong income potential. Unit 1 offers an approximately 1,500 SF 3BR/2BA and presents a great value-add opportunity with cosmetic upgrades. The remaining four units are renovated and move-in ready: Unit 2 is a 2BR/1BA, Unit 3 is a 1BR/1BA, Unit 4 is a 2BR/1BA, plus an additional 1BR/1BA bonus unit converted from the garage. Ideal for investors or owner-occupants looking to house hack, generate rental income, and capture additional upside by improving the spacious 3BR/2BA. Additional features include shared laundry, a shared backyard, newly built storage space and driveway parking. Conveniently located near shopping, dining, public transportation and major commuter routes. With multiple income-producing units, flexible occupancy options and long-term upside, this property offers an excellent Oakland multifamily investment opportunity. Photos are Virtually Enhanced. Offered at $1,199,000.

Location

State CA

County Alameda

Zoning R-50

Rooms

Kitchen Dishwasher, Hood Over Range, Microwave, Oven - Electric, Oven Range, Oven Range - Gas, Refrigerator

Interior

Heating Central Forced Air, Central Forced Air - Gas, Gas, Wall Furnace

Cooling Central AC, Window / Wall Unit

Flooring Carpet, Tile, Vinyl / Linoleum, Other

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Carport

Utilities Available Public Utilities

Roof Type Other

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 032-2110-026

Security Features Window Bars with Quick Release

Special Listing Condition Not Applicable

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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