Expansive city views from top floors. Outstanding location and quality product. Suitable for TIC or condo conversion? Rooftop deck? This is truly a once every 10 year property. A blank slate for a new investors vision. 14 car parking area is part of the same parcel. 2 car garages and huge basement with individual storage lockers. 3 fantastic units vacant. Huge potential, stellar location. Completely new electric system in each unit and new fire alarm system. If you are a serious Bay Area investor, do not miss this one!
Off market
$1,843,588
1639 4th Ave, Oakland, CA 94606
10beds
5baths
4,250sqft
5 or More Units
Built in 1920
-- sqft lot
$-- Zestimate®
$434/sqft
$3,764 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Features
- Extra Storage
- Flooring: Tile, Hardwood
- Windows: Window Coverings
- Basement: Storage Space
Interior area
- Total interior livable area: 4,250 sqft
Property
Parking
- Total spaces: 16
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
Lot
- Size: 5,039 sqft
- Features: Regular
Details
- Parcel number: 212238
- Zoning: RM-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Security
- Security features: Fire Alarm
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 11112
Other
Other facts
- Sewer: Public Sewer
- Flooring: Tile, Hardwood
- Appliances: Dishwasher, Refrigerator, Microwave, Gas Water Heater
- GarageYN: true
- AttachedGarageYN: true
- Heating: Gas, Central Gravity
- HeatingYN: true
- TenantPays: Cable TV, Electricity, Gas
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Stucco
- Zoning: RM-3
- WindowFeatures: Window Coverings
- SecurityFeatures: Fire Alarm
- ParkingFeatures: Attached Garage, Parking Area
- Basement: Storage Space
- CapRate: 4.25
- LotFeatures: Regular
- ProfessionalManagementExpense: 0
- InteriorFeatures: Extra Storage
- Roof: Rolled Composition
- MaintenanceExpense: 1271
- MlsStatus: Active
- PropertySubType: 5 or More Units
- GrossIncome: 147498
- GrossScheduledIncome: 147498
- InsuranceExpense: 5073
- NetOperatingIncome: 93608
- OperatingExpense: 46516
- TaxAnnualAmount: 32000
- TotalActualRent: 11112
- VacancyAllowance: 10570
- ListPriceLow: 1995000