$1,100,000

Est. payment -/mo

$1,249,000

11.9%

Est.Price: ?

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3647 West St Oakland, CA 94608

5,401 Sqft Lot

SOLD DATE : 07/29/2021

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40952129

Sold Date 07/29/21

HOA Y/N No

Year Built 1912

Lot Size 5,401 Sqft

Acres 0.124

Property Description

4-unit apartment complex consisting of four massive 3bd/1bth units with excellent cash flow. 7.72% cap rate and 9.52 GRM on current rents. Two of the four units are vacant providing an excellent opportunity for an owner-occupant, extended family, or an investor looking to set high market rents. The property was built in 1912, offers approximately 4,736 square feet of rental space, and sits on a 5,400 square foot lot. The property is separately metered for PG&E and has low operating expenses. Upgrades include a variety of Victorian details, mature landscaping, a security gate, an onsite laundry room and more. Attractive Oakland location near Temescal, Downtown Oakland, and Berkeley with easy access to restaurants, coffee shops, and shopping. The property is only a short distance from MacArthur BART station and the Bay Bridge.