4722-4726 Shattuck Ave, Oakland, CA, 94609

USD 1,199,000
For Sale MLS: 41130447

Property Details

Bedrooms

6

Property Type

multi family

Description

Multi Family in Oakland, CA - Bedrooms: 6 - Bathrooms: 0 - Area: 2459 sqft - Year Built: 1912 - Lot: 2135 sqft

Listing Agent: Andrew Pitarre Brokerage: COMPASS

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 2,459 square feet and features three 2 Bedroom / 1-bathroom condos. The top two condos have been recently redesigned 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 11.2 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.

Location

Address

4722-4726 Shattuck Ave, Oakland, CA, 94609

City

Oakland

Features and Finishes

Bedrooms: 6, Dryer, Washer, Gas Water Heater, Laundry Features: Dryer, In Unit, Washer, Cooling Features: No Air Conditioning, Heating Features: Wall Furnace, Heating: Yes, Flooring: Tile, Engineered Wood, Garden/Play, Lot Description: Level, Lot Size Acres: 0.0490129, Lot Size Square Feet: 2135, Association: No, Calculated Total Monthly Association Fees: 0, Source Listing Status: Coming Soon, County: Alameda, Directions: 51st->Shattuck, Source Property Type: Residential Income, Source Neighborhood: TEMESCAL, Parcel Number: 13115613, Subdivision: TEMESCAL, Property Subtype: Triplex, Total Square Feet Living: 2459, Year Built: 1912, Building Area Source: Public Records, Building Area Total: 2459, Building Area Units: Square Feet, Construction Materials: Wood Siding, Living Area Units: Square Feet, Property Age: 114, Water/Sewer Meter on Site, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, Security Features: Carbon Monoxide Detector(s), community security feature

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