Oakland, CA 94607-2949,1082 24th
$1,050,000
$1,050,000
Est.Price: ?

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3,001 Sqft Lot

1082 24th Oakland, CA 94607-2949

Est. payment /mo
SOLD DATE : 01/10/2023

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision West Oakland

MLS Listing ID 40998553

Sold Date 01/10/23

HOA Y/N No

Year Built 1907

Lot Size 3,001 Sqft

Property Description

Turnkey 4-Plex West Oakland 3.75% Int Rate. Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey 4-plex in West Oakland’s McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while 3 unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new roof, plumbing, windows, electrical, flooring, landscaping, painted exterior, and rebuilt exterior stairs. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,050 per month (est) with a total annual income of $96,600. Sewer & sidewalk compliant.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Fireplace No

Appliance Washer

Exterior

Garage None

Parking Type None

Building

Lot Description Back Yard

Others

Tax ID 005043501500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Jatin Mehta • Kite Hill Real Estate
Bought with Bert Aranda • Ind Rlty-DeMattei & Assoc

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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