$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
1125 11th AVE Oakland, CA 94606
3,184 SqFt
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,184 sqft
Price per Sqft $314
MLS Listing ID ML81947631
Sold Date 03/29/24
HOA Y/N No
Year Built 1908
Lot Size 8,999 Sqft
Property Description
Phenomenal opportunity for the seasoned investor. 4 detached buildings with 5 units (4 units plus a Studio) in a gated access community, 3 of which are vacant and can be rented at market rate. Oakland's East Peralta neighborhood district is within close proximity of a vibrant commercial zone with w/restaurants, shops & services. This asset consists of four 2 BD/1 BA units, plus 1 Studio. The property presents an opportunity for immediate cash flow with rental upside. The current tenant is on mont-to-month leases at below-market rents. Solar panels on one unit.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R
Interior
Fireplace No
Exterior
Parking Features Uncovered
View Y/N No
Roof Type Shingle
Accessibility None
Total Parking Spaces 4
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 0190036006
Acceptable Financing FHA
Listing Terms FHA
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Phil Roza • Realty World Dominion
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442