1082 24th, Oakland, CA 94607

About this fourplex

Turnkey 4-Plex West Oakland 3.75% Int Rate. Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey 4-plex in West Oakland’s McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while 3 unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new roof, plumbing, windows, electrical, flooring, landscaping, painted exterior, and rebuilt exterior stairs. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,050 per month (est) with a total annual income of $96,600. Sewer & sidewalk compliant.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,050,000

Sold January 2023 · orig. $1,250,000, on market June 2022 · MLS #40998553 · Source: CRMLS

Listing Agent: Jatin Mehta · Listing Office: Kite Hill Real Estate · Contact: 510-878-6800 · Bought with: Bert Aranda · Ind Rlty-DeMattei & Assoc

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