Bought with Mona Hsieh • Asia Pacific Groups
$2,398,000
$2,425,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
7,384 SqFt
SOLD DATE : 05/03/2022
Key Details
Sold Price $2,398,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,384 sqft
Price per Sqft $324
Subdivision Redwood Heights
MLS Listing ID 40984050
Sold Date 05/03/22
HOA Y/N No
Originating Board Bridge AOR
Year Built 1968
Lot Size 0.441 Acres
Property Description
3809 Maybelle Avenue is a well-maintained 7,384±SF 8-unit building discretely hidden from street view on an exceptionally large 19,200±SF parcel in Redwood Heights. Conveniently located within steps of vibrant Laurel District; quick access to Mills, Downtown Oakland, BART, freeways & hills/trails. The property features 8 large 920±SF units: (4) 2BD/2BA and (4) 2BD/1BA units; separately metered for gas & electric. 3 units remodeled: beds, kitchens & baths; 5 units offer future upside. 2 coin-operated laundry machines on-site; 12 existing parking: 8 assigned carports, 4 uncovered with space to accommodate 3 additional vehicles for 15 total. Notable cap. improvements: new roof (2017), new water heater (2020). Previous owner installed new vinyl windows (2016). Flexibility to acquire "as is" or explore ADU opportunities (RM-3 zoning) to increase income potential & total unit count.
Location
State CA
County Alameda
Interior
Heating Zoned
Cooling None
Flooring Partial Carpeting, Tile, Other, Engineered Wood
Fireplace No
Appliance Dryer, Washer
Building
Lot Description See Remarks
Water Public
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