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Key Details
Sold Price $1,536,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40888977
Sold Date 03/02/20
HOA Y/N No
Year Built 1990
Annual Tax Amount $21,865
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Located in a prime Oakland location, this property consists of five (5) large 3bd/1ba units with strong in-place cash flow. The property offers covered off-street parking, on-site laundry, and a fantastic central location. WATER, gas, and electric are all individually metered keeping expenses low. This is a great opportunity to acquire an asset with a STRONG in-place return. 4633 Fairfax Avenue is located in the Fairfax neighborhood of Oakland. This attractive location is ideal for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will see the benefit of living near city bus lines and a close distance to the Fruitvale BART station. The property is just one block off of High Street allowing easy access to both I-580 and I-880. Because of this property's appealing location, it will continue to demand premium tenants and maintain a very low vacancy rate.
Location
State CA
County Alameda
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Shingle
Building
Lot Description Sloped Up
Others
Tax ID 3624215
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Bought with TIMOTHY WARREN • JOSEPH M. TAPIA, BROKER
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