Beautifully maintained vintage 1920s 4plx w/strong cash flow on border of Oakland's Mosswood/Temescal districts. Unit mix consists of (4) 1bd/1ba units. All 4 apartments feature spacious layouts, abundant natural light, French doors, eat-in kitchen nooks, & hardwood floors. Access to a spacious garden courtyard w/shared on-site coin-op laundry, makes this low vacancy rate complex highly desirable to tenants. The property boasts 1 vacant unit that can be immediately re-rented at market rate or occupied by an owner-user. Potential for additional income from 2 un-leased off-street parking spaces and various storage sheds. Property has undergone many recent capital improvements such as the installation of Hardie 50-year cement exterior siding in 2018 and a seismic retrofit with permits in 2020. Next owner to explore banked rent increases. *Note: adjacent 4plx located at 3818 Opal St. also available at $1,650,000. Owner prefers to sell together for $3,200,000 but will consider all offers.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
