Built in 1960 and sitting at the crossroads of two major East Bay commuter corridors, this two-story stucco fourplex on 83rd Ave offers the kind of durable rental fundamentals that hold up over time. The neighborhood draws consistently from a wide tenant base — International Blvd retail and transit within… Read More reach, I-580 and I-880 minutes away. All four units share a clean 2-bed/1-bath layout with updated kitchens, dark shaker cabinets, quartz-style counters, gas ranges, fresh laminate flooring, and new paint. Four dedicated parking spaces and three garage bays, one of which transfers to the new owner. Most tenants pay their own utilities. The income story is equally straightforward: $108,804 currently in place at an 8.3% cap, Unit A delivered vacant for immediate lease-up, and two month-to-month tenants sitting below the $2,500 market rent estimate. Stabilized income projects to $126,300. At $198,750 per unit, the opportunity is priced to move. Read Less
Property listed by Keller Williams Realty, Joey Wang 310-259-7556
Listing Snapshot
Days Online
17
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1960
MLS Number
41137414
Additional Details
Building
Built in 1960, Construction Materials: Stucco, WoodSiding
Floors
Tile, Vinyl
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $108,804
Lot
0.1217 acres, FrontYard, StreetLevel
Parking
4 total parking spaces
Taxes
Parcel Number: 434572182, Zoning: RM-2
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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