Four-plex in Brookfield Village in Oakland with greater than 9% return before expenses. A raw rent yield of 8% puts the value at $888,000. All 4 units are 2br/1ba with 1 vacant unit. The vacant unit is recently renovated is ready for owner occupation. Minimum maintenance building. Tenants pay pg&e. Coin laundry on site. >$70,000 rental income/year can be used to qualify for purchase financing. VA, FHA loans are welcome. Convenient location, close to BART, Oakland Airport and highway 880. Close to Oakland/San Leandro boarder.
Off market
Zestimate®
$937,500
437 Hale Ave, Oakland, CA 94603
8beds
4baths
3,200sqft
MultiFamily
Built in 1965
-- sqft lot
$937,500 Zestimate®
$293/sqft
$2,195 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Washer
- Laundry: Common Area, Laundry Room, Gas Dryer Hookup, Coin Operated, Laundry Equip - Owned
Features
- Flooring: Tile, Laminate
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
Features
- Exterior features: Stucco
- Fencing: Fenced
Lot
- Size: 5,000 sqft
- Features: Regular
Details
- Parcel number: 45536522
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1965
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: 6264
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile, Laminate
- Appliances: Dishwasher, Disposal, Dryer, Washer
- CarportYN: true
- Heating: Gas, Wall Furnace
- Roof: Tar/Gravel
- HeatingYN: true
- NumberOfUnitsTotal: 4
- TenantPays: Cable TV, Electricity, Gas
- ConstructionMaterials: Stucco
- Fencing: Fenced
- LeaseTerm: Month To Month
- ExteriorFeatures: Back Yard
- MaintenanceExpense: 0
- LaundryFeatures: Common Area, Laundry Room, Gas Dryer Hookup, Coin Operated, Laundry Equip - Owned
- InsuranceExpense: 0
- GrossScheduledIncome: 0
- OperatingExpenseIncludes: Water, Property Tax/Assessments
- ParkingFeatures: Parking Area, Space Per Unit - 1, Carport - 2 Or More
- LotFeatures: Regular
- ProfessionalManagementExpense: 0
- Electric: 220 Volts in Laundry
- VacancyAllowance: 0
- Cooling: No Air Conditioning
- TotalActualRent: 6264
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Estimated market value
$937,500