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1838 5Th Ave

Oakland, CA 94606
  • $1,180,000
  • STATUS: Active
  • ON SITE: 291 Days
  • ID#: BE40944109
UPDATED: 83 min ago
$1,180,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,585
    SQFT
  • $456
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

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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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-21T20:49:17.347. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
www.thegilmartins.com/homes/115756081
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1838 5Th Ave Oakland, CA 94606

  • Price: $1,180,000
  • Status: Active
  • On Site: 291 Days
  • Updated: 83 min ago
  • ID#: BE40944109
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,585
SQFT
$456
$/SQFT
1953
Built
Neighborhood:
Oakland Zip Code 94606
County:
Alameda
Area:
Oakland Zip Code 94606
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

Building Type Fourplex2 Houses On Lot Exterior Stucco Garage Parking Parking Area Parking Spaces 4 Roof Composition Yard Grounds Balcony / PatioBack YardFencedSide YardStorage Shed / Structure

Interior Features

Additional Rooms Basement - PartialBasement - Storage Area Baths Unit1 1.00 Baths Unit2 1.00 Baths Unit3 1.00 Baths Unit4 1.00 Beds Unit1 2 Beds Unit2 0 Beds Unit3 1 Beds Unit4 2 Cooling Air Conditioning - None Flooring HardwoodLaminate Heating ElectricGasWall Furnace Laundry DryerWasher Structure Sq Ft 2585

Property Features

Additional Listing Info Not Applicable Amenities Balcony/Patio City Name Oakland Cross Street E 18TH St Hoa Amenities Playground Lot Size Area Maximum 7500.00 Property Sub Type Fourplex Rent Unit1 1500 Rent Unit2 1300 Rent Unit3 650 Rent Unit4 2300 Sewer Septic Sewer - Public Sq Ft Source Public Records Water Public

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Yanling Huang of Outstanding Investment Co..


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-21T20:49:17.347. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
 
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