Phenomenal opportunity for the seasoned investor. 4 detached buildings with 5 units (4 units plus a Studio) in a gated access community, 3 of which are vacant and can be rented at market rate. Oakland's East Peralta neighborhood district is within close proximity of a vibrant commercial zone with w/restaurants, shops & services. This asset consists of four 2 BD/1 BA units, plus 1 Studio. The property presents an opportunity for immediate cash flow with rental upside. The current tenant is on mont-to-month leases at below-market rents. Solar panels on one unit.
Sold for $1,000,000 on 03/29/24
$1,000,000
1125 11th Ave, Oakland, CA 94606
--beds
--baths
3,184sqft
Quadruplex
Built in 1908
-- sqft lot
$971,400 Zestimate®
$314/sqft
$2,089 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 29, 2024 at 08:04am
Listed by:
Gabriel Ramirez-Perez 01895033 408-384-9055,
Realty World Dominion 408-980-5202
Bought with:
Phil Roza, 02163941
Realty World Dominion
Source: MLSListings Inc,MLS#: ML81947631
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Doors: None
Interior area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 9,000 sqft
Details
- Parcel number: 0190036006
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1908
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: FHA, CashorConventionalLoan
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Estimated market value
$971,400