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$ 1,550,000
Est. payment | /mo
6,873 Sqft Lot
$ 1,550,000
Est. payment | /mo
6,873 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 41066047
HOA Y/N No
Year Built 1951
Lot Size 6,873 Sqft
Property Description
Discover a VACANT, turnkey investment property in Oakland. Built in 1951, this pristine fourplex is a contemporary gem with (4) new 2BR,1BA units, meticulously updated to today's standards. Each unit features renovated kitchens with quartz countertops, sleek cabinets, modern hardware, and new appliances. Bathrooms boast new vanities, stylish showers or tubs, and chic tile flooring. Large, sunny rooms with new windows, updated flooring, and freshly painted interiors and exteriors enhance the living experience. Upgraded 100-amp electrical panels meet insurance requirements, with all work permitted and city-approved. The property offers an on-site laundry room, a new outdoor pergola, a detached garage with four secured separate garages, and ample outdoor space. Each unit has a private rear entrance leading to a shared courtyard. Preliminary permits for up to two ADUs present an opportunity to further boost rental income. Located in Oakland's serene Highland Terrace neighborhood, this property provides scenic views and a peaceful residential atmosphere, with proximity to highways, public transit, parks, schools, and shopping. With Oakland's thriving economy and Highland Terrace's blend of tranquility and convenience, this turnkey gem promises strong rental demand and long-term value!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Garage
Total Parking Spaces 4
Building
Lot Description Back Yard, Corner Lot
Sewer Public Sewer
Others
Tax ID 267862
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Tyler Clark • Lee & Associates
Karen Iwakoshi
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com