Oakland, CA 94607,1082 24th

$1,050,000

Est. payment /mo

$1,050,000

Est.Price: ?

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1082 24th Oakland, CA 94607

8 Beds

2,618 SqFt

SOLD DATE : 01/10/2023

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,618 sqft

Price per Sqft $401

Subdivision West Oakland

MLS Listing ID 40998553

Sold Date 01/10/23

Bedrooms 8

HOA Y/N No

Year Built 1907

Lot Size 3,000 Sqft

Acres 0.07

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

Area Oakland Zip Code 94607

Rooms

Other Rooms Shed(s)

Basement None

Interior

Interior Features Storage

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Bamboo

Fireplace No

Appliance Washer

Laundry Coin Operated, Dryer, Washer

Exterior

Exterior Feature Back Yard, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance

Utilities Available Cable Available, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter

Building

Lot Description Irregular Lot, Back Yard, Garden, Security Gate

New Construction No

Others

Tax ID 005043501500

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Bridge MLS
Listed by Jatin Mehta • Kite Hill Real Estate
Bought with BertAranda
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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