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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Angela Hern, DRE #01128525 • Keller Williams Realty

$ 560,000

Est. payment | -/mo

4 Beds

4 Baths

2,626 SqFt

Save

$ 560,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,626 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,626 sqft

Price per Sqft $213

MLS Listing ID CC41145048

Bedrooms 4

Year Built 1951

Lot Size 4,331 Sqft

Property Sub-Type Fourplex

Source Contra Costa Association of Realtors

Property Description

OAKLAND FOURPLEX NEAR LAKE MERRITT** **Investors, take notice!** An exceptional opportunity to acquire a fully occupied fourplex in a highly desirable Oakland location near **Lake Merritt and Lakeside Park, make offers:https://bit.ly/7thave1439, this income-producing property presents an exciting opportunity for investors looking to expand their portfolio and secure a multifamily asset in a high-demand rental market. The property features **four spacious 1-bedroom, 1-bathroom units**, each with its own comfortable living room. All four units are currently occupied by **long-term tenants**, providing an established rental-income stream from day one. Built on a **cement slab foundation**, the property offers the added benefit of reduced exposure to certain maintenance concerns commonly associated with raised foundations, including dry rot. Residents also enjoy a **generously sized backyard with mature fruit trees**, creating an attractive outdoor amenity rarely found with comparable multifamily properties. **LOCATION, INCOME & POTENTIAL FOR UPSIDE** Positioned near some of Oakland's most popular destinations, the property offers convenient access to **Lake Merritt, Lakeside Park, Grand Lake Theatre, the Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BAR

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Interior

Heating Wall Furnace

Cooling Air Conditioning - None

Flooring Other

Exterior

Exterior Feature Stucco, Siding - Wood

Parking Features Attached Garage, Parking Area

Garage Spaces 4.0

Roof Type Composition

Others

Tax ID 20-135-4-2

Special Listing Condition Auction

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1439 7Th Ave Oakland, CA 94606