Property Details
About this Property
Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. AS AN INCENTIVE TO THE BUYER THE SELLER IS OFFERING ONE YEAR OF A HOME WARRANTY PLAN PLUS PAY FOR THE FIRST 3 CLAIMS.
MLS Listing Information
MLS #
ME224116449
MLS Source
MetroList Services, Inc.
Days on Site
20
Interior Features
Flooring
Carpet, Linoleum
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Carport(s) - Awning, Covered Parking, Side By Side, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
Multi Family Dwelling
Contact Information
Listing Agent
Barbara Williams
Sterling Royal Real Estate
License #: 01450396
Phone: (916) 402-5361
Co-Listing Agent
Malinda Rideaux
License #: 02132904
Phone: (925) 234-5329
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 0 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 1/0 | $1,800 | – | – |
| 2 | 0 | 1 | 1/0 | – | – | – |
| 3 | 0 | 2 | 1/0 | $2,175 | – | – |
| 4 | 0 | 1 | 1/0 | $825 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2649 62nd Ave is a Residential Income in Oakland, CA 94605. This 3,289 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,000,000 and was built in –. This address can also be written as 2649 62nd Ave, Oakland, CA 94605.
©2024 MetroList Services, Inc. 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 MetroList Services, Inc.
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This listing information is up-to-date as of October 26, 2024. For the most current information, please contact Barbara Williams, (916) 402-5361
