When it comes to investing in Oakland’s multifamily market, an opportunity to buy in Trestle Glen for half the average price is too good to pass up. Offered at $1.06MM (a mere $359 per sq. ft.), 3608 Kingsley Street is a four-unit (4, 1BR/1BA), Victorian-era property that’s ready for a new owner. A corner lot situated along the sun-soaked intersection of Kingsley and Chatham, this investment will be delivered partially occupied (three units), providing the new owners with an instant revenue stream. The other units will afford the new owners with the rare opportunity to create their own lease terms and handpick their own tenants from the applicant pool. Speaking of tenants, nearby Lakeshore Avenue offers occupants exceptional shopping and dining options, while nearby Highland Hospital acts as the immediate area’s biggest employer. Enjoying the outdoors is made easy thanks to the property’s large yard as well as nearby Diamond Park, a mere 12-minute bike ride away.
MLS #
EB41055009
MLS Source
Bridge MLS
Days on Site
29
Buyer's Brokerage Compensation*
2.5%
Flooring
Carpet - Wall to Wall, Hardwood, Tile, Vinyl
Cooling
Air Conditioning - None
Heating
Wall Furnace
Garage/Parking
Detached, Garage, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Zoning
RM-4
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 727 | 1 | 0/0 | $1,700 |
2 | 562 | 1 | 0/0 | $1,800 |
3 | 787 | 1 | 0/0 | $1,407 |
4 | 906 | 1 | 0/0 | – |
3608 Kingsley St is a Residential Income in Oakland, CA 94610. This 2,953 square foot property sits on a 6,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,060,000 and was built in 1900.
This address can also be written as 3608 Kingsley St, Oakland, CA 94610.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 15, 2024. For the most current information, please contact Joey Wang, (510) 592-4244