Oakland, CA 94607,2530 Myrtle St
Oakland, CA 94607,2530 Myrtle St
Oakland, CA 94607,2530 Myrtle St
19
$830,000
Est.Price: ?

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4,900 Sqft Lot

2530 Myrtle St Oakland, CA 94607

Est. payment /mo
SOLD DATE : 09/13/2024

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Key Details

Sold Price $830,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision West Oakland

MLS Listing ID 41066726

Year Built 1904

Lot Size 4,900 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Forced Air

Flooring Tile, Vinyl, Wood

Exterior

Roof Type Shingle

Building

Lot Description Street Level

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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California Regional MLS (CRMLS)
Listed by Andy Read • Corcoran Icon Properties
Bought with Steven Peterson • INFINITY INVESTMENTS

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