1082 24th
$1,050,000

1082 24th

2,618 Sq.Ft.

Description

Turnkey 4-Plex West Oakland 3.75% Int Rate. Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey 4-plex in West Oakland's McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while 3 unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new roof, plumbing, windows, electrical, flooring, landscaping, painted exterior, and rebuilt exterior stairs. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,050 per month (est) with a total annual income of $96,600. Sewer & sidewalk compliant.

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Location

1082 24th, Oakland, CA 94607

Status

Sold
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Laundry room Coin Operated, Dryer, Washer
Appliances Washer
Flooring Bamboo
Other Interior Features Storage
Area & Lot
Lot Area 3,000 Sq.Ft.
Living area 2,618 Sq.Ft.
MLS® ID 40998553
Year Built 1907
Type Multi-Family
Status Sold
Exterior
Air conditioning No Air Conditioning
Heat type Wall Furnace
Water Source Public
Other Exterior Features Back Yard, Storage, Garden, Landscape Back, Landscape Front, Low Maintenance
Parking No Parking on Site, None, No Garage
Lot Features Irregular Lot, Back Yard, Garden, Security Gate
Roof Shingle
Utilities Cable Available, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
Finance
Sales Price $1,050,000

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