Description
The property is a well-maintained fourplex located in Downtown Oakland just steps from Lake Merritt. The property consists of one (1) 2 bedroom 1 bathroom unit, three (3) spacious 1 bedroom 1 bathroom units, and four off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property provides over $60,0000 of rental upside annually, allowing the new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is less than a mile from 19th Street BART. Endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning them a near-perfect Walk Score of 97!
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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3,176SQFT
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$362$/SQFT
School Ratings & Info
Description
The property is a well-maintained fourplex located in Downtown Oakland just steps from Lake Merritt. The property consists of one (1) 2 bedroom 1 bathroom unit, three (3) spacious 1 bedroom 1 bathroom units, and four off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property provides over $60,0000 of rental upside annually, allowing the new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is less than a mile from 19th Street BART. Endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning them a near-perfect Walk Score of 97!
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Listing provided courtesy of Timothy Warren of Nai Northern California: (510) 336-4719.