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Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 549,999

Est. payment -/mo

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Open Sun 2PM-4:30PM

7408 Garfield Ave Oakland, CA 94605

3 Beds

3 Baths

1,273 SqFt

OPEN HOUSE

Sat Nov 23, 2:00pm - 4:30pm

Sun Nov 24, 2:00pm - 4:30pm

UPDATED:

11/21/2024 01:21 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,273 sqft

Price per Sqft $432

Subdivision Eastmont

MLS Listing ID 41078977

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1943

Lot Size 4,499 Sqft

Property Description

Investors Alert! This is a rare opportunity to secure a property with 5%+ CAP rates and instant equity in Oakland's Eastmont neighborhood. This well-maintained duplex features two units, each with one bedroom and one bath, plus an additional one-bedroom, one-bath unit at the rear—perfect for house hackers, owner-occupants seeking rental income, or savvy investors. Spanning 1,273 sq. ft. on a 4,500 sq. ft. lot, this multi-family home offers an open floor plan designed for comfort and flexibility. Outdoor spaces include spacious yards with fruit trees and a deck, enhancing the property’s versatility and appeal for work, play, or extra rental income. For nature lovers, Leona Canyon Regional Open Space Preserve and Redwood Regional Park are just minutes away, with beautiful trails for hiking, biking, and outdoor adventures. The location also offers convenient access to BART, the Coliseum, and Oakland International Airport, as well as quick connections to Highways 580 and 880. With its excellent location, flexible living arrangements, and income potential, this property is a true gem for anyone looking to expand their portfolio or find a multi-functional living space. Don’t miss out on this exceptional investment opportunity!

Location

State CA

County Alameda

Rooms

Other Rooms Storage

Interior

Interior Features Eat-in Kitchen

Heating Floor Furnace

Cooling None

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Electric Water Heater, Gas Water Heater, Dryer, Washer

Exterior

Garage Covered, Off Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Front Yard, Garden, Street Level

Story One

Entry Level One

Sewer Public Sewer

Architectural Style Traditional

Level or Stories One

Additional Building Storage

New Construction No

Others

Tax ID 40339825

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Listed by Asila Sayedi • KW Advisors East Bay

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100