$795,000
$800,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3,171 SqFt
SOLD DATE : 01/30/2025
Key Details
Sold Price $795,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,171 sqft
Price per Sqft $250
MLS Listing ID 41079333
Sold Date 01/30/25
Bedrooms 7
HOA Y/N No
Year Built 1925
Lot Size 3,493 Sqft
Acres 0.08
Property Sub-Type Quadruplex
Property Description
Oakland's 2802 38th Avenue is nothing short of a rare find. Split between two 2BR/1BA units, one 3BR/1BA unit, and one commercial space, this is a unique, blended property that will generate an astounding $7,500 per month from day one (with future income potential as high as $90,384). Nestled within the lively Allendale neighborhood, this property is a commuters delight; its proximity to I-580 makes accessing Downtown Oakland or San Francisco a breeze. Close to a collection of parks (Dimond Park, Joaquin Miller Park, etc.), schools (Allendale Elementary, Laurel Elementary, etc.), and the vibrant shopping of both Fruitvale Avenue and MacArthur Boulevard, tenants with families will especially love the versatility of this residence. From a property management standpoint, this is a no-frills investment that requires little in the way of regular expenses because tenants pay for all utilities (excluding garbage). Listed at a very modest $800,000.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Electric, Natural Gas, Hot Water, Wall Furnace
Cooling Room Air
Flooring Carpet, Concrete, Laminate, Tile
Fireplace No
Window Features Window Coverings
Appliance Gas Water Heater
Exterior
Utilities Available All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot, Level, Paved, Wood
New Construction No
Others
Tax ID 32205431
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Bought with GraceNguyen