Oakland, CA 94606,1125 11th AVE
Oakland, CA 94606,1125 11th AVE
Oakland, CA 94606,1125 11th AVE
Oakland, CA 94606,1125 11th AVE
Oakland, CA 94606,1125 11th AVE
Oakland, CA 94606,1125 11th AVE
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$1,000,000

$1,200,000

16.7%
Est.Price: ?

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Est. payment /mo

3,184 SqFt


SOLD DATE : 03/29/2024

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,184 sqft

Price per Sqft $314

MLS Listing ID ML81947631

Sold Date 03/29/24

HOA Y/N No

Year Built 1908

Lot Size 8,999 Sqft

Acres 0.2066

Property Description

Phenomenal opportunity for the seasoned investor. 4 detached buildings with 5 units (4 units plus a Studio) in a gated access community, 3 of which are vacant and can be rented at market rate. Oakland's East Peralta neighborhood district is within close proximity of a vibrant commercial zone with w/restaurants, shops & services. This asset consists of four 2 BD/1 BA units, plus 1 Studio. The property presents an opportunity for immediate cash flow with rental upside. The current tenant is on mont-to-month leases at below-market rents. Solar panels on one unit.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning R

Interior

Fireplace No

Exterior

Garage Uncovered

View Y/N No

Roof Type Shingle

Accessibility None

Parking Type Uncovered

Total Parking Spaces 4

Building

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 0190036006

Acceptable Financing FHA

Listing Terms FHA

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gabriel Ramirez-Perez • Realty World Dominion
Bought with Phil Roza • Realty World Dominion
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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