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459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
459 Stow Ave
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Courtesy of Kite Hill Real Estate
$1,485,000

459 Stow Ave

6 Beds 2,610 Sq.Ft. 3,000 Sq.Ft.

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 459 Stow Avenue, a rare opportunity to acquire a well-maintained four-unit apartment building in one of Oakland's most desirable neighborhoods. Built in 1990--a rarity in Oakland's multifamily market--the property features an attractive unit mix of (2) two-bedroom/one-bath units and (2) one-bedroom/one-bath units, making it ideal for a broad tenant base. Several units enjoy Lake Merritt views from their bedrooms and private balconies, while residents benefit from four covered parking spaces and on-site coin-operated laundry. The property has been meticulously maintained, with over $110,000 invested in capital improvements, significantly reducing deferred maintenance for future ownership. Recent upgrades include a fully renovated Unit 2 featuring a new kitchen, bathroom, flooring, cabinetry, countertops, and appliances, along with a remodeled Unit 4 bathroom. Additional improvements include new roofs and skylights, new water heaters, dual-pane windows, new fencing, renovated balconies, garage enhancements, and water-efficient fixture upgrades throughout the property, offering investors a truly turnkey asset. Ideally located just blocks from Lake Merritt, Lakeshore Avenue, and Grand Avenue, tenants enjoy easy access to Trader Joe's, the Grand Lake Farmers Market, restaurants, cafes, grocery stores, and everyday conveniences. With an outstanding walkable location, strong tenant appeal, newer construction than most Oakland apartment buildings, and pride of ownership throughout, 459 Stow Avenue presents a compelling opportunity to acquire a low-maintenance investment in one of the East Bay's most sought-after rental markets.

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Location

459 Stow Ave, Oakland, CA 94606

Status

For Sale
Jatin Mehta

Jatin Mehta

TITLE

Founder

Property Amenities

Interior
Laundry room Washer/Dryer Stacked Incl
Flooring Wood
Total Bedrooms: 6
Area & Lot
Total area 2,610 Sq.Ft.
Lot Area 3,000 Sq.Ft.
Living area 2,610 Sq.Ft.
MLS® ID 41144567
Year Built 1990
Type Multi-Family
Status For Sale
Exterior
Air conditioning Other
Heat type Natural Gas
Water Source Public
Sewer Public Sewer
Parking Detached, Tandem
Lot Features Rectangular Lot, Paved
Utilities Individual Electric Meter, Individual Gas Meter
Finance
Sales Price $1,485,000
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Thank you for your interest in 459 Stow Ave, Oakland, CA 94606. We are reviewing your request and will be in touch shortly!

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