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Listed by Darryl Glass • Abio Properties
$ 748,888
Est. payment /mo
New
1035 76th Ave Oakland, CA 94621
9 Beds
4 Baths
3,383 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,383 sqft
Price per Sqft $221
MLS Listing ID EB41118138
Bedrooms 9
Year Built 1966
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
This four unit property is ready for a new investor or, potentially, owner occupier! It currently brings in steady rental income with an 9.52% cap rate and about seventy five thousand dollars in annual gross rents. The building consists of three 2 bed 1 bath units and one 3 bed 1 bath unit, all fully occupied. That means rental income from day one of ownership. It's subject to Oakland's rent control and Just Cause ordinance, giving buyers a clear sense of how to plan long term. The Coliseum neighborhood location offers quick access to BART, freeways, and transit, which supports strong ongoing demand. It's a straightforward choice for investors who want reliable returns, but it also leaves the door open for an owner occupant willing to take on the required steps for future use. This property won't last long. Contact agent for more details!
Location
State CA
County Alameda
Area Oakland Zip Code 94621
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Carpet - Wall to Wall
Laundry In Laundry Room, Coin Operated, Washer, Washer/Dryer - Leased, Community Facility, Dryer
Exterior
Exterior Feature Stucco
Parking Features Spaces per Unit - 1
Garage Spaces 4.0
Building
Lot Description Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 41-4142-9
Special Listing Condition Price Change
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