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$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
1125 11th AVE Oakland, CA 94606
3,184 SqFt
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $314
MLS Listing ID ML81947631
Sold Date 03/29/24
HOA Y/N No
Year Built 1908
Lot Size 8,999 Sqft
Property Description
Phenomenal opportunity for the seasoned investor. 4 detached buildings with 5 units (4 units plus a Studio) in a gated access community, 3 of which are vacant and can be rented at market rate. Oakland's East Peralta neighborhood district is within close proximity of a vibrant commercial zone with w/restaurants, shops & services. This asset consists of four 2 BD/1 BA units, plus 1 Studio. The property presents an opportunity for immediate cash flow with rental upside. The current tenant is on mont-to-month leases at below-market rents. Solar panels on one unit.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R
Interior
Fireplace No
Exterior
Garage Uncovered
View Y/N No
Roof Type Shingle
Accessibility None
Parking Type Uncovered
Total Parking Spaces 4
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 0190036006
Acceptable Financing FHA
Listing Terms FHA
Financing Cash
Special Listing Condition Standard
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Bought with Phil Roza • Realty World Dominion