216 Oakland Ave, Oakland, CA 94611

$1,040,000

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List Price
$1,040,000
Status
ACTIVE
Days on Market
9
MLS#
41148349
Subtype
Residential Income
Year Built
1925
Lot Size
3,227
Acres
0.07
Subdivision
Oakland
Neighborhood
Oakland

Property Description

Exceptional opportunity to own a 4-unit property in a highly desirable Oakland location, just minutes from Lake Merritt, Downtown Oakland, Piedmont, Grand Lake, shopping, dining, entertainment, transit, and major medical centers. The property offers a strong combination of location, and future upside. 3 out of units have been updated, providing a great example of the potential for the remaining units. The property also offers an attractive rental opportunity given its proximity to Oakland's medical centers and urban amenities. Whether you're looking to invest, live in one unit while generating income from others, or improve the property over time, this fourplex offers multiple possibilities in a location that is hard to beat.

Additional Information

Flooring
Vinyl
Heating
Wall Furnace
Exterior Construction
Concrete, Stone, Stucco, Wood Siding
Roof
Composition, Tile
Parking Features
On Street

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Edder Barcenas-Cortez (Edder@barcenasgroup.com) from Listing Office: BCRE.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.