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$995,000
Est. payment /mo
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Eastmont
MLS Listing ID 41126738
HOA Y/N No
Year Built 1927
Lot Size 2,500 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional 4-unit mixed-use investment property offering strong in-place income and immediate cash flow in one of Oakland's most accessible locations. The property consists of three residential units and one commercial storefront, creating a diversified income stream ideal for investors seeking stability and long-term upside. Two of the residential units have been fully remodeled with modern finishes and in-unit washer and dryer, a highly desirable amenity that supports strong tenant demand and premium rents. The remaining units provide additional upside potential, allowing investors to further increase revenue over time. With a cap rate exceeding 8%, this property stands out as a rare high-yield opportunity in the Oakland market—perfect for investors looking for strong returns from day one. Strategically positioned in the Eastmont District, the property benefits from proximity to Eastmont Town Center, shopping, dining, and essential services, while offering easy access to major freeways and transportation corridors, making it attractive to both residential and commercial tenants.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Exterior
Parking Features Other
Total Parking Spaces 2
Others
Tax ID 40340024
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info

Listed by Shadi Alkhudari Re/Max Synergy Group #01754475
Nearby Locations
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Lucio Real Estate Group
Broker Associate | License ID: 01893011
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