Address Withheld

Oakland, CA 94608 $1,050,000 Ask a Question
Sq.Ft.3,465
Year1900

Rebecca White

(415) 412-1977

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Status: Sold
Property Type:Triplex
MLS #:421544985
Sq. Feet:3,465
Date Sold:1/5/2022
Lot Size:3,000 Sq. Ft.
County:Alameda
Incredible opportunity! Either as an owner-occupant to live in a 3-bedroom, 2-bath home and have your tenants pay for your mortgage or a 5% cap rate for an investor! This Longfellow triplex is a cash cow! And has two 3-bedroom units and one 2-bedroom unit. The vacant unit has been remodeled, has 2 decks & is ready to move into or to rent. Tenants pay their own water bills. There's a garage with parking for 3 cars plus an additional off-street parking space for owner use. Located in a walkable Emeryville/North Oakland neighborhood close to cafes, shopping and transit. Also close to the 80, 24 and 580 freeways, San Pablo Ave and MacArthur BART for an easy commute, and just a short drive to happening bars and food havens in Temescal and shopping in Emeryville. LOCATION + CASH FLOW = PERFECT investment opportunity! OPEN HOUSE vacant unit ONLY SUN OCT 2-4 pm. COVID protocols (mask on, shoes off)to be followed.

Price Change History

Date Old Price New Price Percent Change
9/8/2021$1,000,000$1,100,00010%
1/7/2022$1,100,000$1,050,000-4.5%

Community Information

Address: Address Withheld Oakland, CA 94608
District:Oakland Zip 94608
County:Alameda
City:Oakland
Zip Code:94608
Neighborhood:2608

Architecture

Year Built:1900
Stories:3
Style:Craftsman, Traditional
Construction Materials: Stucco
Number of Buildings: 1
Roof: Composition

Features / Amenities

Interior Features: Formal Entry
Appliances: Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
Flooring: Carpet, Vinyl
Exterior Features: Fenced Yard
Patio And Porch: Balcony/Deck, Uncovered Deck, Varies by Unit
Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Unguarded Gate, Varies By Unit
Parking Features: Attached, Garage, Off Street, Side-by-Side, Uncovered, Varies by Unit
Covered Spaces: 3.0
Parking Total: 4.0
Garage Spaces: 3.0
Total Rooms:17

Property Features

Lot Size: 0.07 Acres / 3,000 Sq. Ft.
Lot Dimensions:0.0689
Lot Features: Corner, Shape Regular, Sidewalk
Sewer: Public Sewer
Water: Public
Directions:From W. MacArthur, go north on West Street OR 40th to West Street. Property is on the southwest corner of West and 40th Streets.

Tax and Financial Info

Cap Rate: 8.19
Lease Terms: Month To Month
Terms: _1031Exchange, Cash, Conventional
Tenant Pays: Cable TV, Electricity, Water

Schools


Listing Information Last Updated 5/18/2022
Listing provided courtesy of Intero Real Estate Services.
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