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Listed by Tyler Clark • Lee & Associates
$ 1,550,000
Est. payment | /mo
3,378 SqFt
$ 1,550,000
Est. payment | /mo
3,378 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,378 sqft
Price per Sqft $458
MLS Listing ID 41066047
HOA Y/N No
Originating Board CONTRA COSTA
Year Built 1951
Lot Size 6,875 Sqft
Property Description
Discover a VACANT, turnkey investment property in Oakland. Built in 1951, this pristine fourplex is a contemporary gem with (4) new 2BR,1BA units, meticulously updated to today's standards. Each unit features renovated kitchens with quartz countertops, sleek cabinets, modern hardware, and new appliances. Bathrooms boast new vanities, stylish showers or tubs, and chic tile flooring. Large, sunny rooms with new windows, updated flooring, and freshly painted interiors and exteriors enhance the living experience. Upgraded 100-amp electrical panels meet insurance requirements, with all work permitted and city-approved. The property offers an on-site laundry room, a new outdoor pergola, a detached garage with four secured separate garages, and ample outdoor space. Each unit has a private rear entrance leading to a shared courtyard. Preliminary permits for up to two ADUs present an opportunity to further boost rental income. Located in Oakland's serene Highland Terrace neighborhood, this property provides scenic views and a peaceful residential atmosphere, with proximity to highways, public transit, parks, schools, and shopping. With Oakland's thriving economy and Highland Terrace's blend of tranquility and convenience, this turnkey gem promises strong rental demand and long-term value!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Hardwood, Engineered Wood
Fireplace No
Window Features Double Pane Windows
Appliance Dryer, Washer, Gas Water Heater
Laundry Coin Operated, Community Facility
Exterior
Parking Type Detached, Street Parking
Building
Lot Description Corner Lot
Water Mutual Water
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Paul LeJoy
Broker-Owner | Lic# 01467744