Fourplex
Listing Agent: Joey Wang (DRE #01890931) · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Theresa Lee · Coldwell Banker · MLS #41054678 · Source: CRMLS
Introducing Oakland’s 705 E 18th Street—a four-unit building delivered partially occupied (two units) that will make an ideal investment for someone seeking an owner-occupy opportunity. Divided into three 1BR/1BA layouts and one 2BR/1BA layout, all units have been renovated to include new flooring, kitchens, and bathrooms. The units also include upgraded electrical, copper plumbing, and tankless water heaters, reducing the risk of any maintenance-related repairs in the years ahead. Nearly equidistant (~1 mile) from two major employers (Laney College and Highland Hospital), vacancies at this property should always appeal to a strong pool of renters. Additionally, 705 E 18th Street’s proximity to Lake Merritt (only six blocks away) and a plethora of other greenspaces guarantee a certain level of desirability with renters who like to spend time outdoors. BART stations (Lake Merritt) and AC Transit stops (lines 14, 40, 62, and 840) make commuting easy, as do nearby freeways (I-580 + I-880).
Listing description from the May 2024 sale, as reported to CRMLS.