518 E 18Th St

Oakland, CA 94606
$899,000
Courtesy of Keller Williams Realty

Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Introducing Oakland’s 518 E 18th Street—the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units are tenant occupied, while the third unit (a rear-facing 1BR) will be vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children’s Hospital, and Laney College

  • Property Details
    • Property
      • Lot description:BackYard
    • Measurements
      • Acres:0.0861
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1923
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
  • Community and Neighborhood Details
    • Community
      • Subdivision:IVY HILL
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$980, 000
  • Other
    • Source
      • MLS #:41059727

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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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
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Loan Amount
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