$1,340,000
$1,388,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 07/20/2021
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40951113
Sold Date 07/20/21
HOA Y/N No
Year Built 1967
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Rare investment opportunity to own a large fourplex and live in one gorgeous unit with rent free in the desirable Lake Merritt area! Centrally located fourplex near Highland Hospital and Freeway I-580. Surrounded by single family houses on a quiet street. Plenty of street parking and each unit has a designated parking space in front of the building. Spacious front yard and back yard with beautiful landscape area. Vacant unit D was renovated in 2021 with permit. Ideal for the owner occupied unit with low interest rate locked for 30 years! Owner gets income from onsite laundry, parking, and storages. This building was professionally managed by Happy Home Partners since 2009. It was well maintained building and has strong rent upside for the new owner. Unit D is available for showing. All other three units can be inspected after the offer is accepted. Please use the link below for Matterport 3D Virtual Tour: https://my.matterport.com/show/?m=2x1wKL1W3Sx
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Garage On Street
Roof Type Shingle
Parking Type On Street
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 2678816
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Bought with Pei Chun Chang • Redfin
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