Prime multi-unit investment opportunity in Temescal, one of Oakland’s hottest neighborhoods. Great opportunity for the strategic investor seeking strong cash flow with upside from future condo sales! The property spans 2,513 square feet and features three 2 Bedroom / 1-bathroom condos. The top two condos have been recently redesigned… Read More with modern finishes including SS appliances, luxury vinyl plank flooring, quartz countertops, fresh bathroom designs, in-unit laundry, romex electrical, copper plumbing plus so much more. Two will be delivered vacant - ideal for an owner-occupant looking to live in one unit while generating income from the others, or for a smart investor ready to lease all three for strong cash flow or sell individually when they choose. A spacious shared rear yard offers a sunny space with a patio perfect for entertaining or gardening for the upper two units. The ground floor unit boasts exclusive off-street parking and its own private patio! Turn-key and low maintenance with flexible living options, flexible exit options, a gross rent multiplier at 11.89 and immediate income potential makes this a standout asset in a very high-demand location. 95 Walk/Bike Score. Minutes to BART & steps to Oakland’s trendiest restaurants and popular amenities. Read Less
Property listed by Compass, Andrew Pitarre 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Property Type
Triplex
Lot Size
0.05 Acres
Year Built
1912
MLS Number
41130447
Additional Details
Appliances & Equipment
GasWaterHeater, Dryer, Washer
Building
Built in 1912, Construction Materials: WoodSiding
Floors
Tile
Heating
SeeRemarks, WallFurnace
Home Owner's Association
Association Fee: $0
Lot
0.049 acres, Garden, StreetLevel
Parking
1 total parking spaces
Roof
Shingle
Taxes
Parcel Number: 13115613
Tenant Pays
Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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