2802 38th Ave new

Oakland,CA 94619-1106

$ 800000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41079333

HOA Y/N No

Year Built 1925

Lot Size 3,493 Sqft

Property Description

Oakland’s 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park, Joaquin Miller Park, etc.), schools (Allendale Elementary, Laurel Elementary, etc.), and the vibrant shopping of both Fruitvale Avenue and MacArthur Boulevard, tenants with families will especially love the versatility of this residence. From a property management standpoint, this is a no-frills investment that requires little in the way of regular expenses because tenants pay for all utilities (excluding garbage). Listed at a very modest $800,000.

Location

State CA

County Alameda

Interior

Heating Electric,Natural Gas,Wall Furnace

Flooring Carpet,Concrete,Laminate,Tile

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Carport

Total Parking Spaces 1

Building

Lot Description Corner Lot,Street Level

Sewer Public Sewer

Others

Tax ID 32205431

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