Oakland, CA 94606,1838 5Th Ave
Oakland, CA 94606,1838 5Th Ave
Oakland, CA 94606,1838 5Th Ave
10
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$1,180,000
Est. payment /mo
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5 Beds
4 Baths
2,585 SqFt
Active

1838 5Th Ave Oakland, CA 94606

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Key Details

Property Type RESIDENTIAL INCOME

Sub Type FOURPLEX

Listing Status Active

Purchase Type For Sale

Square Footage 2,585 sqft

Price per Sqft $456

MLS Listing ID 40944109

Bedrooms 5

Year Built 1953

Annual Tax Amount $8,638

Lot Size 7,500 Sqft

Property Sub-Type FOURPLEX

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Rooms

Basement Partial, Storage Area

Interior

Heating Electric, Gas, Wall Furnace, Central

Cooling No Air Conditioning

Flooring Hardwood Floors, Laminate

Equipment Dryer, Washer, Carbon Mon Detector, Smoke Detector

Exterior

Exterior Feature Stucco

Parking Features Parking Area

Roof Type Composition Shingles

Building

Lot Description 2 Houses / 1 Lot

Sewer Sewer System - Public, Water - Public

Water Sewer System - Public, Water - Public

Others

Miscellaneous Balcony/Patio,Play Area,Storage Area(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Bay East MLS (BEAR)
Listed by Yanling Huang • Outstanding Investment Co.

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agent

Michael Fadeeff

Agent | CA BRE#01305454

+1(925) 399-8411

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1838 5Th Ave