Oakland, CA 94612,Address not disclosed
Oakland, CA 94612,Address not disclosed
Oakland, CA 94612,Address not disclosed
$995,000
Est. payment /mo
$1,069,000
6.9%
Est.Price: ?

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3,165 SqFt
SOLD DATE : 11/22/2019

Key Details

Sold Price $995,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,165 sqft

Price per Sqft $314

MLS Listing ID ML81734890

Sold Date 11/22/19

HOA Y/N No

Year Built 1901

Annual Tax Amount $16,133

Lot Size 3,998 Sqft

Acres 0.0918

Property Description

Property shall be delivered VACANT at close of escrow! Previously used as a 4-unit building, the possibilities for this property are endless. This stately building in the Uptown neighborhood could continue generating income as a fourplex or could quickly be upgraded to a 5-unit per advice of contractor and architect. Current owners have also begun the entitlement process to bring it to its highest and best use 11 units. Incredible development opportunity in one of Oaklands trendiest neighborhoods. This opportunity can suit anyone. Low down payment financing available for owner-occupiers. Cash-flow property is perfect for investors. Entitlements pave the way for developers. Seller financing would be considered. Come check it out and explore it for yourself. Three of the units have well-designed layouts with oversized bedrooms. The other unit is a newly updated studio. City views from the top floor. Large back yard is ready to be converted into an urban oasis.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RU-3

Interior

Cooling None

Fireplace No

Exterior

Garage Off Street

Roof Type Shingle

Accessibility None

Parking Type Off Street

Total Parking Spaces 3

Building

Story 3

Sewer Public Sewer

Water Public

Architectural Style Victorian

Schools

School District Other

Others

Tax ID 0080676048

Acceptable Financing Contract, FHA, Lease Option

Listing Terms Contract, FHA, Lease Option

Financing FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ryan Landis • Minngo
Bought with Robert Pedro
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