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Sold for $800,000 Pending

1544 4th Avenue
Oakland, CA 94606

4 units | Multi Family Home
4356 sq ft lot - MLS# 40732164
Property Photo
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Sold

Sold for $800,000 on May 25, 2016

Description

Rare investment opportunity to purchase 2 side-by side duplexes - four 1BD/1BAs, all fully rented - on a 4500 Sq Ft lot located just 3 blocks from Lake Merritt & walkable to major amenities including Downtown Oakland, BART, Laney College, Oakland Art Museum, New China Town, Jack London Sq. & more.

Features

  • Addtl Misc. Features: Extra Storage
  • Tenant Pays: Electric, Gas
  • Subdivision/Neighborhood: Lake Merritt
  • Subdivision: Lake Merritt
  • Sub Type: FOURPLEX
  • School District: Oakland (510) 879-8111
  • Roof: Rolled Composition
  • Property Type: Multi Family Home
  • Parking Description: Detached Garage, Off Street Parking
  • Total Deposits: 5850
  • Unit 1: 1-Bedrooms, 1-Bathrooms, 1-Parking Spaces
  • Zip Code: 94606
  • Year Built: 1920
  • Yard Description: Back Yard, Storage
  • Water/Sewer: Sewer System - Public, Water - Public
  • Units: 4
  • Unit 4: 1-Bedrooms, 1-Bathrooms, 1-Parking Spaces
  • Unit 3: 1-Bedrooms, 1-Bathrooms, 1-Parking Spaces
  • Unit 2: 1-Bedrooms, 1-Bathrooms, 1-Parking Spaces
  • Park Spc Tot: 2
  • Lot SqFt: 4356
  • Annual Utility Expense: $3,205
  • Annual Total Oper Exp: 21523
  • Annual Rental Inc: 44980
  • Annual Management Expense: $2,664
  • Annual Insurance Expense: $1,754
  • Annual Gross Sched Income: $44,980
  • Annual Expense Year: 2015
  • Age: 96
  • Cooling: No Air Conditioning
  • County/Area: Alameda County
  • Lot Sq Ft Apx: 4500
  • Lot Description: Corner, Regular
  • Listing Status: Pending
  • Heating: Wall Furnace
  • Flooring: Hardwood Floors, Vinyl
  • Exterior: Stucco
  • Existing Lease Terms: Month To Month, Written Agreement
  • Equipment Additional: Water Heater Gas
  • Zoning: 1103

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