1838 5Th Ave

Oakland, CA 94606
$1,380,000
Courtesy of Outstanding Investment Co.

Description

Located in the beautiful and convenient Lake Merritt area, this rare property with four units is back on the market with many surprises. The seller used a large sum of money to buy out the long-term tenants in three units, enabling to renovate these units. Units #1 now feature brand new bathroom, new laminate floor, fresh paint, and new refrigerators. Unit #2 now features brand new bathroom, refresh hardwood floors, fresh paint, double panel windows. 1836 is a cute cottage single house sitting in the rear, tile and laminate floor, fresh paint. The entire building has a new roof, exterior paint, and a spacious backyard that can accommodate over 10 cars. There is great potential to expand the property to 10 units, with the possibility of converting the existing large garage into an office space, providing ample storage space, or converting it into additional units. Don’t disturb unit #3 tenants, open house 8/4/24 1-4pm.

  • Property Details
    • Property
      • Lot description:BackYard, FrontYard, Garden, Yard
    • Measurements
      • Acres:0.1722
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1953
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
  • Community and Neighborhood Details
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 380, 000
  • Other
    • Source
      • MLS #:41068695

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00