OAKLAND FOURPLEX NEAR LAKE MERRITT** **Investors, take notice!** An exceptional opportunity to acquire a fully occupied fourplex in a highly desirable Oakland location near **Lake Merritt and Lakeside Park, make offers:https://bit.ly/7thave1439, this income-producing property presents an exciting opportunity for investors looking to expand their portfolio and secure a multifamily asset… Read More in a high-demand rental market. The property features **four spacious 1-bedroom, 1-bathroom units**, each with its own comfortable living room. All four units are currently occupied by **long-term tenants**, providing an established rental-income stream from day one. Built on a **cement slab foundation**, the property offers the added benefit of reduced exposure to certain maintenance concerns commonly associated with raised foundations, including dry rot. Residents also enjoy a **generously sized backyard with mature fruit trees**, creating an attractive outdoor amenity rarely found with comparable multifamily properties. **LOCATION, INCOME & POTENTIAL FOR UPSIDE** Positioned near some of Oakland's most popular destinations, the property offers convenient access to **Lake Merritt, Lakeside Park, Grand Lake Theatre, the Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART**. Dining, shopping, entertainment, employment centers, and regional transportation are all within convenient reach. Whether you're a seasoned multifamily investor, expanding your rental portfolio, or seeking an opportunity to establish a presence in one of Oakland's sought-after locations, **this fourplex deserves your attention**. **Four units. Established tenants. Prime Oakland location. ** Don't miss the opportunity to compete for this income-producing multifamily property. **Please do not disturb tenants. Offer subject to inspection.** Read Less
Property listed by Keller Williams Realty, Angela Hern 310-259-7556
Listing Snapshot
Days Online
48
Last Updated
Property Type
Quadruplex
Lot Size
0.1 Acres
Year Built
1951
MLS Number
41145048
Additional Details
Building
Built in 1951, Construction Materials: Stucco, WoodSiding
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Lot
0.0994 acres, BackYard, FrontYard
Parking
4 total parking spaces, Garage
Roof
Shingle
Taxes
Parcel Number: 2013542
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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