Oakland, CA 94621,1300 81st Ave
Oakland, CA 94621,1300 81st Ave
Oakland, CA 94621,1300 81st Ave
25
$750,000
$749,000
0.1%
Est.Price: ?

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8,023 Sqft Lot

1300 81st Ave Oakland, CA 94621

Est. payment /mo
SOLD DATE : 07/08/2024

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Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41052422

Sold Date 07/08/24

HOA Y/N No

Year Built 1966

Lot Size 8,023 Sqft

Property Description

130081stAve.com;The Pinza Group, Inc. is pleased to present 1300 81st Avenue, a four unit apartment building centrally located in the Woodland neighborhood of Oakland, CA. The property was built in 1966, and features four (4) 2bd/1bth units of ~800 SF. The structure is set on a large 8,025 SF lot, boasting a 2:1 off-street parking ratio, gated entry, functional security system, ample storage space and huge potential for ADU development. Current ownership has recently completed a number of improvements, including: fresh exterior paint, upgraded appliances throughout, improved low-maintenance landscaping, installation of a brand new water heater, and the addition of a coin-operated washer/dryer to bring in additional income. Current rents are below market rate, providing an opportunity for significant rental upside via annual adjustments, tenant turnover, and construction of additional unit(s). 1300 81st Avenue offers a prime opportunity for owner occupants to acquire an exceptionally maintained asset with just 3.5% down ($26,500). Email agent on property website for a complete marketing package.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Parking Features Other

Total Parking Spaces 8

Others

Financing Cash

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California Regional MLS (CRMLS)
Listed by Steven Pinza • The Pinza Group, Inc
Bought with Steven Pinza • The Pinza Group, Inc

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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