319 24Th St, Oakland, CA 94612

About this fourplex

The property is a well-maintained fourplex located in Downtown Oakland just steps from Lake Merritt. The property consists of one (1) 2 bedroom 1 bathroom unit, three (3) spacious 1 bedroom 1 bathroom units, and four off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property provides over $60,0000 of rental upside annually, allowing the new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. The property is less than a mile from 19th Street BART. Endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning them a near-perfect Walk Score of 97!

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

Sale history

$1,020,000

Sold March 2023 · listed $1,150,000, orig. $1,300,000, on market October 2022 · MLS #41010702 · Source: CRMLS

Listing Agent: Timothy Warren · Listing Office: NAI Northern California · Contact: 510-336-4712 · Bought with: Zenaida Soria-Cummins · KW Advisors

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