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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $384
Subdivision Highland Park
MLS Listing ID 40851002
Sold Date 02/28/19
Bedrooms 8
HOA Y/N No
Year Built 1962
Lot Size 5,250 Sqft
Acres 0.12
Property Description
4-Plex located in the Highland Terrace neighborhood. Great for owner/occupy or investor. Monthly rental income from 3 units should offset your mortgage. All 4 units are 2 bedrooms/1 bathroom. 6.3% Cap Rate. (2) off-street parking spots per unit. Low maintenance property. 3 of 4 units were remodeled in 2018. New insulation, drywall, and paint, new wood-like porcelain tile and baseboards. New kitchen cabinets w/ upgraded quartz counters. Newly rebuilt bathroom with porcelain tile, new bathtub, stone surround, and vanity. Located roughly 1.8 miles SE of Lake Merritt, 1.5 miles NW of the Fruitvale Bart Station with easy access to the 580 & 880 freeways. [OFFERING MEMORANDUM (OM) WITH RENT ROLLS/PROFORMA AVAILABLE UPON REQUEST]
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Rooms
Basement None
Interior
Interior Features Updated Baths, Updated Kitchen, Storage
Heating Electric
Cooling No Air Conditioning
Flooring Laminate, Linoleum, Tile
Fireplace No
Exterior
Exterior Feature Back Yard, Garden/Play, Storage, Garden
Building
Lot Description Regular
New Construction No
Others
Tax ID 22296123
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Bought with CoreyWeinstein