$825,000
Welcome to this exceptional 4-plex located just minutes away from the bustling Oakland Airport! This well-maintained property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities, ensuring tenant satisfaction and long-term occupancy. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Inside, each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. Financially, this property stands out with an estimated total rental income of $8,350 per month. It boasts a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%, making it an attractive option for both investors looking to invest in Oakland's robust housing market or owner-occupants looking to house-hack and reduce housing costs. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income.
| Location | |
| Subdivision | - |
| County | - |
| Elementary School | - |
| Middle School | - |
| High School | - |
Other listings you might be interested in
$1,249,000
6 Bed •
3 Bath •
2,874 ft²
2609 W Ave 133rd
San Leandro, CA 94577
$2,200,000
6 Bed •
4 Bath •
2,580 ft²
132 Locksley Avenue
San Francisco, CA 94122
$1,350,000
5 Bed •
4 Bath •
3,404 ft²
2238 Seventh St
Berkeley, CA 94710
$1,395,000
5 Bed •
4 Bath •
2,740 ft²
465-471 Corbett Ave
San Francisco, CA 94114
$1,750,000
6 Bed •
3 Bath •
4,475 ft²
790-792 32nd Ave
San Francisco, CA 94121
$950,000
7 Bed •
3 Bath •
2,694 ft²
852 Western Avenue
Petaluma, CA 94952
$1,498,000
7 Bed •
3 Bath •
3,256 ft²
17 Prospect Dr
San Rafael, CA 94901
$2,995,000
5 Bed •
4 Bath •
2,460 ft²
31-33 Prescott Ct
San Francisco, CA 94133
$4,318,000
6 Bed •
4 Bath •
5,184 ft²
1117 Guerrero St
San Francisco, CA 94110
$2,800,000
7 Bed •
5 Bath •
3,386 ft²
1390-1392 Rhode Island St
San Francisco, CA 94107
$1,598,000
12 Bed •
4 Bath •
3,840 ft²
6628 Helen Ct
Oakland, CA 94608
$1,450,000
10 Bed •
7 Bath •
4,464 ft²
2005 Sierra Rd
Concord, CA 94518