ResidentialIncome — 476 42nd Street, Oakland, CA
$1,650,000
476 42nd Street, Oakland, CA
About this property
476 42nd Street offers four spacious one-bedroom, one-bathroom units of approximately 900 square feet each, all on a 5,865 square foot lot with a private enclosed garage for every unit at the rear of the building. The current owner has made extensive capital improvements throughout her tenure, including a seismic sill bolt, full sewer lateral replacement, all-new water lines and shut offs, new water heaters for every unit, a new furnace in Unit B, and a majority roof replacement. Multiple windows have been replaced, the rear staircase rebuilt, perimeter fencing upgraded, and new metal gates installed at both entries. Interior updates include bathroom vanities, miscellaneous plumbing and electrical work, and fresh exterior paint throughout. Each unit operates fully independently with its own water heater and furnace. Multiple units feature in-unit laundry washer and dryer in Units A and D, washer in Unit B, and a dryer hookup and vent in Unit C. With MacArthur BART less than half a mile away and Telegraph Avenue's restaurants and shops just steps from the front door, this is the kind of asset tenants stay in and investors hold onto.
Property details
Location
476 42nd Street • Oakland, CA 94609
Listed by
Sam Runco · Marcus & Millichap