Introducing a prime investment opportunity in Oakland, CA. This historic, 3,138 SF property, built in 1928, offers four units and 100% occupancy, ensuring immediate returns. Zoned R50, this multifamily low-rise/garden property presents a solid foundation for expansion and future value add opportunities. Consistently maintained and thoughtfully designed, each unit boasts full amenities while preserving the property's timeless charm. With a commitment to excellence and a proven track record of occupancy, this property is a sound addition to any investor's portfolio. Don't miss the chance to acquire this lucrative asset in the heart of Oakland. Property Highlights - 100% occupancy with regular paying tenants - Solid cap rate of 6.8% at asking price - Central location in Oakland - Strong rental market - Built in 1928, maintaining historic charm - 3,138 SF building with 4 units - Zoned R50, offering potential for expansion - Diverse neighborhood - Strong proximity to hospitals, schools, and employers - Close to favored dining and drinking establishments - Access to parks, trails, and Lake Merritt
MLS #
SF424036774
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
32
Buyer's Brokerage Compensation*
2.5%
Kitchen
Varies by Unit
Appliances
Garbage Disposal, Microwave, Oven - Built-In, Oven - Gas, Refrigerator
Flooring
Linoleum, Simulated Wood, Varies by Unit, Wood
Cooling
Ceiling Fan, Varies by Unit
Heating
Central Forced Air, Radiant, Varies by Unit
Roof
Tar/Gravel
Foundation
Slab
Style
Edwardian, French Normandy, Mediterranean
Garage/Parking
Garage, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Other
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 1,500 | 4 | 2/0 | $2,800 |
2 | 300 | 0 | 1/0 | $1,400 |
3 | 300 | 0 | 1/0 | $711 |
4 | 1,200 | 3 | 1/1 | $2,019 |
2638 14th Ave is a Residential Income in Oakland, CA 94606. This 0 square foot property sits on a 0 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1928.
This address can also be written as 2638 14th Ave, Oakland, CA 94606.©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 June 03, 2024. For the most current information, please contact Cuong Van Duong, (415) 990-9999