Fourplex · 2 recorded sales since 2017
Listing Agent: Jatin Mehta (DRE #02045713) · Listing Office: Keller Williams Realty · Contact: 510-775-1079 · Bought with: COREY WEINSTEIN · RED OAK REALTY · MLS #40851002 · Source: CRMLS
4-Plex located in the Highland Terrace neighborhood. Great for owner/occupy or investor. Monthly rental income from 3 units should offset your mortgage. All 4 units are 2 bedrooms/1 bathroom. 6.3% Cap Rate. (2) off-street parking spots per unit. Low maintenance property. 3 of 4 units were remodeled in 2018. New insulation, drywall, and paint, new wood-like porcelain tile and baseboards. New kitchen cabinets w/ upgraded quartz counters. Newly rebuilt bathroom with porcelain tile, new bathtub, stone surround, and vanity. Located roughly 1.8 miles SE of Lake Merritt, 1.5 miles NW of the Fruitvale Bart Station with easy access to the 580 & 880 freeways. [OFFERING MEMORANDUM (OM) WITH RENT ROLLS/PROFORMA AVAILABLE UPON REQUEST]
Listing description from the February 2019 sale, as reported to CRMLS.