Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.
MLS #
SF424027185
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
24
Buyer's Brokerage Compensation*
2.5
Garage/Parking
Carport, Other, Street, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Marco Barretto
Avenue 8 Inc.
License #: 02078316
Phone: (415) 272-0059
Co-Listing Agent
Zach Derossette
License #: 02178078
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
6 | 5 | – |
1608 Myrtle St is a Residential Income in Oakland, CA 94607. This 3,970 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 0.
This address can also be written as 1608 Myrtle St, Oakland, CA 94607.©2024 San Francisco Association of Realtors® 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 San Francisco Association of Realtors® MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
* 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 May 17, 2024. For the most current information, please contact Marco Barretto, (415) 272-0059