7
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$880,000
Est. payment /mo
6,499 Sqft Lot
Price Dropped by $20K
1180 73Rd Ave Oakland, CA 94621
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41092312
HOA Y/N No
Year Built 1947
Lot Size 6,499 Sqft
Property Sub-Type Quadruplex
Property Description
Exceptional investment opportunity in the heart of Oakland. This upgraded four-unit property has undergone over one hundred fifty thousand dollars in renovations, making it a turnkey asset with incredible upside potential. The property includes a triplex with three spacious two-bedroom, one-bathroom units, plus a separate single-family home on the same lot featuring three bedrooms and one bathroom. That's four income-generating units on one parcel, perfectly positioned for long-term appreciation and rental growth. Recent improvements include updated wood flooring and kitchens, brand-new dual-pane windows, a newly poured foundation for the house, fresh exterior paint, and a repaired sewer lateral. The basement in the single-family home has been deepened to increase ceiling height, creating additional functional space and comfort. Located in a federally designated Opportunity Zone, this property offers significant tax advantages for investors looking to grow wealth while reducing liability. With current rents offering room for improvement, this is an ideal asset for buy-and-hold investors or value-add specialists seeking multiple income streams. Properties of this quality, price and potential rarely come to market.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Carport
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Street Level
Others
Tax ID 41413719
Listed by James Blue CA Premiere Real Estate
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