Fourplex · 2 recorded sales since 2017
Listing Agent: David Howarth (DRE #01360348) · Listing Office: The Pinza Group, Inc · Contact: 510-725-4775 · Bought with: David Howarth · The Pinza Group, Inc · MLS #40944921 · Source: CRMLS
Stunning 4-unit apartment complex in Ivy Hill behind Lake Merritt consisting of four spacious 2bd/1bth units with excellent rental upside and views. The current owners invested heavily into the building and recent upgrades include fully remodeled units, new stucco, new double pane windows, a new electrical system, custom tile, and much more. Currently there is one vacant unit that's perfect for an owner occupant. The property is separately metered for PG&E, easy to manage, has friendly tenants, and low annual operating expenses. The property sits on an oversized 9,000 square foot lot and offers the possibility to develop. This is a perfect opportunity for an investor or owner-occupant who wants strong current cash flow and huge rental upside.
Listing description from the May 2021 sale, as reported to CRMLS.