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Off market
  • $1,274,400

    352 Palm Ave, Oakland, CA 94610

    4beds
    4baths
    3,050sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,274,400 Zestimate®
    $418/sqft
    $3,766 Estimated rent

    Owner options

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    $3,766/mo

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    $3,766/mo

    Rent Zestimate®

    Refinance and save

    $8,155/mo

    Est. payment

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    $8,155/mo

    Est. payment

    What's special

    Located just several blocks from beautiful Lake Merritt, this fourplex has been upgraded with loving care by its owner. Each 1-bedroom unit has its own distinct layout and charm, with several fireplaces, some hardwood floors, a spacious deck, as well as updated kitchens and bathrooms. Each unit has one designated parking space, and the building has a laundry facility in the basement. The location is ideal for urban living with a WalkScore of 89. Many shops, restaurants, and gyms are within walking or biking distance, as well as BART. A great investment with a 5.6% cap rate and 12.12 GRM. This turnkey opportunity is ready for its next owner.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Electric
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Basement, Coin Operated, Community Facility
    Features
    • Updated Baths, Updated Kitchen
    • Flooring: Carpet, Hardwood
    • Windows: Window Coverings
    • Basement: Unfinished, Other, Separate Entry
    • Has fireplace: Yes
    • Fireplace features: Fireplaces
    Interior area
    • Total interior livable area: 3,050 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Patio & porch: Deck, Balcony/Patio
    • Exterior features: Stucco
    Lot
    • Size: 4,599 sqft
    • Features: Level, Corner Lot
    Details
    • Parcel number: 1078311

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    • Roof: Other
    Condition
    • Year built: 1910

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Oakland

    HOA & financial

    Other financial information
    • Total actual rent: 8159

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Carpet, Hardwood
    • Roof: Other
    • FireplaceYN: true
    • Heating: Electric
    • Basement: Unfinished, Other, Separate Entry
    • HeatingYN: true
    • PatioAndPorchFeatures: Deck, Balcony/Patio
    • CoolingYN: true
    • NumberOfUnitsTotal: 4
    • TenantPays: Cable TV, Electricity
    • ConstructionMaterials: Stucco
    • LeaseTerm: 12 Months, Month To Month
    • LotFeatures: Level, Corner Lot
    • ExteriorFeatures: Front Yard
    • OperatingExpenseIncludes: Utilities, Insurance, Trash, Gas, Water, Electric, Maintenance/Repair, Property Tax/Assessments, Miscellaneous/Other
    • ParkingFeatures: Assigned, Off Street, Parking Area, Space Per Unit - 1
    • WindowFeatures: Window Coverings
    • MaintenanceExpense: 2575
    • Appliances: Dryer, Washer, Gas Water Heater
    • Cooling: Ceiling Fan(s)
    • LaundryFeatures: In Basement, Coin Operated, Community Facility
    • ProfessionalManagementExpense: 0
    • Electric: 220 Volts in Laundry
    • ExistingLeaseType: Security Deposit, Written Agreement
    • FireplaceFeatures: Fireplaces
    • InteriorFeatures: Updated Baths, Updated Kitchen
    • VacancyAllowance: 1025
    • InsuranceExpense: 1763
    • MlsStatus: Pending
    • CoListAgentFullName: BENJAMIN MARCUS
    • GrossIncome: 98508
    • GrossScheduledIncome: 98508
    • NetOperatingIncome: 71188
    • OperatingExpense: 27320
    • TotalActualRent: 8159
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    Estimated market value
    $1,274,400