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The One Luxury Properties
1317 83Rd Ave, Oakland, CA 94621
- $1,100,000
- List Price
- $1,100,000
- Status
- ACTIVE
- Days on Market
- 4
- MLS#
- 41150222
- Subtype
- Residential Income
- Year Built
- 1925
- Lot Size
- 8,378
- Acres
- 0.19
- Subdivision
- East Oakland
- Neighborhood
- East Oakland
Property Description
Extra large 4-unit investment offering two separate buildings providing maximum space and cash flow. The property was originally built in 1925, offers approximately 4,941 square feet of rental space, and is spread across a 4,941 square foot lot with room for parking for all the tenants. The building is 100% occupied and the unit mix is ideal featuring four 3bd/2bth units. The units have been remodeled and offer newer kitchens and bathrooms, custom lighting and tile, wood floors, double pane windows, newer paint, and more. The building is easy to manage and separately metered for electric and gas providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a perfect opportunity for an investor to acquire a high cash flowing property in a rapidly improving neighborhood with excellent long-term potential.
Additional Information
- Heating
- See Remarks
- Air Conditioning
- Yes
- Exterior Construction
- See Remarks
- Parking Features
- Other
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Listing courtesy of Listing Agent: David Howarth (david@pinzagroup.com) from Listing Office: The Pinza Group, Inc.
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.