Terrific investment opportunity! 1904 Victorian fourplex centrally located in West Oakland’s McClymonds neighborhood. Two story building with four leased 1BR/1BA units. The lower units have separate entrances and the upper units are accessed through a secure stairwell. Units feature hardwood floors in living areas, tiled floors in kitchens and bathrooms, updated bathrooms and kitchens with gas ranges. There are shared laundry facilities in the basement and there is gated parking for 4+ cars or potential for future development. There is a communal garden bed vibrant with tomato plants. Property generates $70k in annual rents and currently runs at ~6.0% cap rate. The property is centrally located near some of West Oakland’s finest: Spinning Dough Pizzeria, Soba Ichi, Brix Factory Brewing, Ghost Town Brewing, and Raimondi Park, home of the Oakland Ballers. Oakland’s Uptown neighborhood, anchored by the Fox and Paramount Theaters, is just a mile away. Downtown San Francisco is about a 15-minute drive.
MLS #
EB41066726
MLS Source
Bridge MLS
Flooring
Hardwood, Tile, Vinyl
Laundry
Community Facility, None
Cooling
Air Conditioning - None
Heating
Forced Air
Roof
Composition
Garage/Parking
Parking Area, Garage: Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Complex Amenities
None
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 620 | 1 | 0/0 | $1,400 |
2 | 620 | 1 | 0/0 | $1,588 |
3 | 620 | 1 | 0/0 | $1,505 |
4 | 620 | 1 | 0/0 | $1,345 |
2530 Myrtle St is a Residential Income in Oakland, CA 94607. This 2,487 square foot property sits on a 4,900 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $830,000 and was built in 1904.
This address can also be written as 2530 Myrtle St, Oakland, CA 94607.©2024 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of September 15, 2024. For the most current information, please contact Andy Read, (925) 330-1948