128 Catron Dr, Oakland, CA 94603
128 Catron Dr, Oakland, CA 94603
128 Catron Dr, Oakland, CA 94603
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$825,000
Est. payment /mo
5,880 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Brookfield Villg

MLS Listing ID 41121191

HOA Y/N No

Year Built 1965

Lot Size 5,880 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Laminate, Tile, Vinyl

Fireplace No

Exterior

Parking Features On Street

Total Parking Spaces 8

Building

Lot Description Back Yard

Others

Tax ID 455419422

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kevin Jacky Hom Compass #02046184

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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128 Catron Dr

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